Best in Texas: Great Austin December Real Estate Sales Trend Significantly Beats Projections by ALEX AI

by George Alexander-Associate Broker-ALEX AI Director

ALEX AI just completed analysis of the Greater Austin single family sales reported to the Austin Board of Realtors for December2024. In about 60 seconds know more about the Greater Austin real estate real estate, the data, research and analysis than just about anybody.
 

 
SUMMARY TABLE


Get the Summary Table and 11 Charts analyzing 51 key statistical indicators ovvr the prior 25 months. Click here.



KEY FINDINGS

TOTAL SALES:

  • Total Sales: 2,280
    • % Change from Prior Month: 4.8%
    • % Change Same Month Last Year: 15.5%

TOTAL NET SALES VOLUME:

  • Total Net Sales Volume: $1,322,016,568
    • % Change from Prior Month: 9.7%
    • % Change Same Month Last Year: 21.6%

NET SALE PRICE PER SQUARE FOOT:

  • Average: $243

    • % Change from Prior Month: 1.2%
    • % Change Same Month Last Year: -1.3%
  • Median: $209

    • % Change from Prior Month: 1.5%
    • % Change Same Month Last Year: -1.4%

NET SALE PRICE:

  • Average: $573,441

    • % Change from Prior Month: 4.8%
    • % Change Same Month Last Year: 5.5%
  • Median: $438,820

    • % Change from Prior Month: 4.8%
    • % Change Same Month Last Year: 1.3%
  • High: $8,160,000

    • % Change from Prior Month: -15.4%
    • % Change Same Month Last Year: 70.5%

LIST PRICE PER SQUARE FOOT:

  • Average: $256

    • % Change from Prior Month: 1.5%
    • % Change Same Month Last Year: -1.5%
  • Median: $218

    • % Change from Prior Month: 1.9%
    • % Change Same Month Last Year: -2.0%

LIST PRICE:

  • Average: $602,912

    • % Change from Prior Month: 5.0%
    • % Change Same Month Last Year: 5.2%
  • Median: $459,000

    • % Change from Prior Month: 4.3%
    • % Change Same Month Last Year: 2.0%
  • High: $8,994,900

    • % Change from Prior Month: -10.0%
    • % Change Same Month Last Year: 80.4%

DAYS FROM LISTING TO ESCROW:

  • Average: 92 days

    • % Change from Prior Month: 8.7%
    • % Change Same Month Last Year: 5.9%
  • Median: 66 days

    • % Change from Prior Month: 6.5%
    • % Change Same Month Last Year: 10.0%

HIGH LIST PRICE PER SQUARE FOOT:

  • High List Price per SF: $512
    • % Change from Prior Month: 31.2%
    • % Change Same Month Last Year: 3.4%

HIGH NET SALE PRICE PER SQUARE FOOT:

  • High Net Sale Price per SF: $512
    • % Change from Prior Month: 31.2%
    • % Change Same Month Last Year: 3.4%

HIGH LIST PRICE:

  • High List Price: $2,249,500

    • % Change from Prior Month: 60.1%
    • % Change Same Month Last Year: 10.5%

HIGH NET SALE PRICE:

  • High Net Sale Price: $2,249,500

    • % Change from Prior Month: 60.1%
    • % Change Same Month Last Year: 10.5%

DISCOUNT FROM LIST PRICE:

  • Average Discount: -9.7%

    • % Change from Prior Month: 10.3%
    • % Change Same Month Last Year: -9.9%
  • Median Discount: -7.1%

    • % Change from Prior Month: 14.2%
    • % Change Same Month Last Year: -1.9%

 


ALEX knows more about Greater Austin real estate, the data, research and analysis than just about anybody.

I’d love for you to join our LinkedIn groups:

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Best In Texas™ Real Estate

I’m here to help.

George Alexander
Associate Broker & ALEX AI Director
+1 713.918.9951
george@alex.realestate

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