Best in Texas™: Burnet County August Real Estate Sales Slump but High Net Sale Price Up. By ALEX.realestate

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

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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 Burnet County and over 45 other micro markets in Greater Austin. They are produced each month. And they are free! Get one or all today!

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SUMMARY TABLE:

MONTHLY TREND: -31.25%.

• Predicted Monthly Trend: -3.24% DECREASE from the previous month.
• Sales Net of Monthly Trend: -28.01%% NEGATIVE difference in actual vs. predicted.

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Total Sales:

• Total Sales: 44.
• Down 31% from the previous month.
• Down 2% from the same month last year.

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Total Net Sales Volume:

• Total Net Sales Volume: $23,049,225.
• Down 38% from the previous month.
• Down 10% from the same month last year.

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Net Sale Price per Square Foot:

• Average: $276.
• Down 1% from the previous month.
• No change from the same month last year.
• Median: $225.
• No change from the previous month.
• Down 3% from the same month last year.

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Net Sale Price:

• Average: $517,000.
• Down 10% from the previous month.
• Down 8% from the same month last year.
• Median: $362,000.
• Down 6% from the previous month.
• Down 12% from the same month last year.
• High: $2,260,000.
• Up 11% from the previous month.
• Up 16% from the same month last year.

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List Price per Square Foot:

• Average: $290.
• Down 2% from the previous month.
• No change from the same month last year.
• Median: $229.
• Down 4% from the previous month.
• Down 7% from the same month last year.

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List Price:

• Average: $546,000.
• Down 10% from the previous month.
• Down 8% from the same month last year.
• Median: $370,000.
• Down 8% from the previous month.
• Down 15% from the same month last year.
• High: $2,500,000.
• Up 16% from the previous month.
• Up 28% from the same month last year.

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Discount from List Price:

• Average Discount: -11.2%.
• Up 16% from the previous month.
• Down 10% from the same month last year.
• Median Discount: -8.8%.
• Up 47% from the previous month.
• Down 6% from the same month last year.

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Days from Listing to Escrow:

1. Average: 109 days.
2. Up 4% from the previous month.
3. Up 25% from the same month last year.
4. Median: 72 days.
5. Up 21% from the previous month.
6. Up 24% from the same month last year.

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High Net Sale Price per Square Foot:

• High Net Sale Price per SF: $926.
• Down 33% from the previous month.
• Up 31% from the same month last year.

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High Net Sale Price:

• High Net Sale Price: $2,260,000.
• Up 11% from the previous month.
• Up 16% 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

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

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

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