Best in Texas™: April 2024 Kyle Real Estate Market Sees 7% Increase in Sales – Discover the Latest Trends and Data by ALEX.realestate

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

NOTE: Kyle 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:

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MONTHLY TREND: +7%

• Predicted Monthly Trend: -2.12% decrease from the previous month.
• Sales Net of Monthly Trend: +9.12% positive difference in actual vs. predicted sales.

TOTAL SALES: 114

• Up 7% from the previous month.
• Up 19% from the same month last year.

TOTAL NET SALES VOLUME: $44,927,000

• Up 5% from the previous month.
• Up 22% from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

• $183 per square foot average:
  • Down 1% from the previous month.
  • Down 7% from the same month last year.
• $178 per square foot median:
  • Down 4% from the previous month.
  • Down 10% from the same month last year.

NET SALE PRICE:

• $387,000 average:
  • Down 2% from the previous month.
  • Up 3% from the same month last year.
• $344,000 median:
  • Down 4% from the previous month.
  • Down 2% from the same month last year.

LIST PRICE PER SQUARE FOOT:

• $190 per square foot average:
  • Down 1% from the previous month.
  • Down 7% from the same month last year.
• $189 per square foot median:
  • Down 1% from the previous month.
  • Down 7% from the same month last year.

LIST PRICE:

• $402,000 average:
  • Down 2% from the previous month.
  • Up 3% from the same month last year.
• $357,000 median:
  • Down 4% from the previous month.
  • Down 3% from the same month last year.

DISCOUNT FROM LIST PRICE:

• -5.5% average discount:
  • Down 18% from the previous month.
  • Down 37% from the same month last year.
• -3.7% median discount:
  • Down 27% from the previous month.
  • Down 31% from the same month last year.

DAYS FROM LISTING TO ESCROW:

• 91 average days on market:
  • No change from the previous month.
  • Up 11% from the same month last year.
• 45 median days on market:
  • Down 28% from the previous month.
  • Down 8% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $246

• Down 17% from the previous month.
• Down 17% from the same month last year.
  
  NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry error

HIGH NET SALE PRICE: $875,000

• Up 2% from the previous month.
• Up 25% from the same month last year.

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

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ALEX knows more about Kyle 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