Best in Texas™: Comparing Georgetown’s 5 primary micro markets by ALEX.realestate
ALEX Labs just completed analysis and comparison of the five Georgetown primary micro market single family sales, reported to the Austin Board of Realtors, for November 2023, as of December 2. Get the complete comparative analysis including a data table comparing 37 key statistics.
In about 60 seconds, know more about the Georgetown real estate market than almost anyone!
Diane Alexander, MBA, MHA, ALEX Broker explains: “Many realtors ask me “why do you publish Georgetown real estate statistics and analysis for 5 distinct geographic areas? It’s easy to see in the charts below. Here’s 3 simple examples:”
Month Over Month Total Sales:
Georgetown: Down 17.59%.
West Georgetown: Up 3.41%.
Median Net Sale Price per SF:
Georgetown: $213.
East Georgetown: $195.
Median Days on Market:
Georgetown: 57.
West Georgetown: 73.
ACTUAL VS. PREDICTED MONTHLY TREND
We believe our Trend Model is the most innovative and accurate predictor of how a market or micro market is performing.
The Trend Model predicted a 6.41% reduction in total sales for the ABOR market. Any difference in actual vs. predicted is primarily the result of the economy including supply and demand. ABOR total sales were down 16% indicating that about 10% of the 16% reduction in sales volume is a result of the economy.
Here’s the breakdown for Georgetown 5 primary micro markets’ percent reduction in November 2023 total sales vs October 2023:
Primary Micro Market | % reduction total sales Nov 2023 from Oct 2023 |
Georgetown | -17.59% |
E Georgetown – 78626 Zip Code | -40.59% |
W Georgetown – 78628 Zip Code | +3.41% |
NW Georgetown – 78633 Zip Code excluding Sun City | -43.59% |
Sun City | -10.59% |
Get the complete comparative analysis including a data table comparing 37 key statistics.
ADDITIONAL GEORGETOWN PRIMARY MICRO MARKETS NOVEMBER COMPARISONS
Get the complete comparative analysis including a data table comparing 37 key statistics.
THE ONLY SOURCE
ALEX is the only source of:
(1) Georgetown Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)
(2) Austin Board of Realtors Specific Monthly Seasonal Trend Model (Seasonal Trend) applied to Georgetown monthly sales.
(3) Georgetown real estate statistics and analysis published for 5 distinct geographic areas: Georgetown, East Georgetown, West Georgetown, Northwest Georgetown excluding Sun City, and Sun City.
ALEX REAL ESTATE STAT PACKS
ALEX Studios currently publishes 38 Stat Packs in the Greater Austin area. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane
ALEX knows more about Greater Austin than just about anybody.
If you have any questions, I am always here. Just call, text or email me.
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
o 713.918.9951
e diane@alex.realestate
PS – Are you an Agent or Broker in Georgetown?
Do you want to be one of the few armed with the best research, analysis including neighborhood/farming area trend and net sale price statistics?
Best marketing?
Best buyer and seller lead generation?
And White Glove Service for your clients and for you, contact me! Diane
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