Best in Texas™: 50 Bell County Real Estate Insights for March 2024 by ALEX.realestate

ALEX Labs just completed analysis of Bell County single family sales reported to the Austin Board of Realtors for March 2024. In about 60 seconds know more about the Bell County real estate market than almost anyone! 

NOTE: Bell County is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market.

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SUMMARY TABLE:

MONTHLY TREND: +42%
Predicted Monthly Trend: 32.4% INCREASE from prior month.
Sales Net of Monthly Trend: A 9.6% POSITIVE difference in actual vs predicted sales.

TOTAL SALES: 109

Up 42% from the previous month.
Up 40% from the same month last year.

TOTAL NET SALES VOLUME: $37,920,598

Up 41% from the previous month.
Up 41% from the same month last year.

NET SALE PRICE PER SF:

$188 per square foot average:
Up 15% from the previous month.
Up 11% from the same month last year.

$169 per square foot median:
Up 4% from the previous month.
Up 5% from the same month last year.

NET SALE PRICE:

$342,206 average:
No change from the previous month.
No change from the same month last year.

$279,034 median:
No change from the previous month.
Up 4% from the same month last year.

LIST PRICE PER SF:

$195 per square foot average:
Up 14% from the previous month.
Up 13% from the same month last year.

$171 per square foot median:
Up 1% from the previous month.
Up 4% from the same month last year.

LIST PRICE:

$354,470 average:
Down 1% from the previous month.
Up 3% from the same month last year.

$294,420 median:
Up 2% from the previous month.
Up 5% from the same month last year.

DISCOUNT FROM LIST PRICE:

4.6% average discount:
Up 35% from the previous month.
Down 29% from the same month last year.

2.9% median discount:
Up 43% from the previous month.
Up 33% from the same month last year.

DAYS FROM LISTING TO ESCROW:

59 average days on market:
Down 18% from the previous month.
Down 8% from the same month last year.

30 median days on market:
Down 46% from the previous month.
Down 36% from the same month last year.

HIGH NET SALE PRICE PER SF: $2,215

Up 615% from the previous month.
Up 559% from the same month last year.

NOTE: We do not audit ABOR data. We assume these unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors

HIGH NET SALE PRICE: $2,435,000

Up 121% from the previous month.
Up 16% from the same month last year.

NOTE: We do not audit ABOR data. We assume these unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors

ALEX knows more about Bell County area than just about anybody.

If you have any questions, I am always here. Just call, text or email me. Diane

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate

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PROJECT TEAM

Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead