Best in Texas™: Bell County August Real Estate volume within 0.33 percent of expected volume. By ALEX.realestate

by swpre-chime-me

ALEX just completed analysis of the Bell County single family sales reported to the Austin Board of Realtors for August 2024. In about 60 seconds know more about the Bell County real estate real estate, the data, research and analysis than just about anybody.

ALEX’s Stat Packs are the ONLY source for “Net Sale Price” statistics AND the ONLY source for “ABOR specific” monthly trend analysis applied to Bell County and over 45 other micro markets in Greater Austin. They are produced each month. And they are free! Get one or all today!

SUMMARY TABLE:

MONTHLY TREND: -3.57%.

Predicted Monthly Trend: -3.24% DECREASE from the previous month.Sales Net of Monthly Trend: -0.33% NEGATIVE difference in actual vs. predicted.

Total Sales:

Total Sales: 81.
Down 4% from the previous month.
Down 5% from the same month last year.

Total Net Sales Volume:

Total Net Sales Volume: $31,426,000.
No change from the previous month.
Up 8% from the same month last year.

Net Sale Price per Square Foot:

Average: $173.
Down 2% from the previous month.
Up 2% from the same month last year.
Median: $165.
Up 2% from the previous month.
Down 1% from the same month last year.

Net Sale Price:

Average: $382,000.
Up 4% from the previous month.
Up 13% from the same month last year.
Median: $328,000.
Down 7% from the previous month.
Up 15% from the same month last year.
High: $1,298,000.
Up 81% from the previous month.
Up 8% from the same month last year.

List Price per Square Foot:

Average: $180.
Down 2% from the previous month.
Up 3% from the same month last year.
Median: $172.
Up 1% from the previous month.
No change from the same month last year.

List Price:

Average: $396,000.
Up 4% from the previous month.
Up 13% from the same month last year.
Median: $338,000.
Down 6% from the previous month.
Up 15% from the same month last year.
High: $1,395,000.
Up 86% from the previous month.
Up 14% from the same month last year.

Discount from List Price:

Average Discount: -6.0%.
Up 15% from the previous month.
Up 46% from the same month last year.
Median Discount: -4.0%.
Up 44% from the previous month.
Up 130% from the same month last year.

Days from Listing to Escrow:

Average: 77 days.
Up 24% from the previous month.
Up 103% from the same month last year.
Median: 52 days.
Up 53% from the previous month.
Up 117% from the same month last year.

High Net Sale Price per Square Foot:

High Net Sale Price per SF: $348.
Up 9% from the previous month.
Up 3% from the same month last year.

High Net Sale Price:

High Net Sale Price: $1,298,000.
Up 81% from the previous month.
Up 8% 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 errors