Best in Texas™: Discover Rising Trends in West Georgetown’s Housing Market for April 2024: A Comprehensive Analysis by ALEX.realestate

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

NOTE: West Georgetown 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: -4%
Predicted Monthly Trend: -2.12% DECREASE from prior month
Sales Net of Monthly Trend: A -1.88% NEGATIVE difference in actual vs predicted sales

TOTAL SALES: 106

Down 4% from the previous month.
Up 12% from the same month last year

TOTAL NET SALES VOLUME: $61,004,000

Down 7% from the previous month.
Up 8% from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

$225 per square foot average:
Up 1% from the previous month.
Down 1% from the same month last year.

$213 per square foot median:
Down 1% from the previous month.
Down 5% from the same month last year.

NET SALE PRICE:

$569,000 average:
Down 4% from the previous month.
Down 3% from the same month last year.

$495,000 median:
Down 4% from the previous month.
Down 2% from the same month last year.

LIST PRICE PER SQUARE FOOT:

$233 per square foot average:
Up 1% from the previous month.
Down 3% from the same month last year.

$223 per square foot median:
Down 1% from the previous month.
Down 7% from the same month last year.

LIST PRICE:

$588,000 average:
Down 4% from the previous month.
Down 4% from the same month last year.

$517,000 median:
Down 5% from the previous month.
Down 2% from the same month last year.

DISCOUNT FROM LIST PRICE:

-5.1% average discount:
Down 16% from the previous month.
Down 55% from the same month last year.

-2.9% median discount:
Down 42% from the previous month.
Down 65% from the same month last year.

DAYS FROM LISTING TO ESCROW:

79 average days on market:
Down 25% from the previous month.
Down 22% from the same month last year.

40 median days on market:
Down 48% from the previous month.
Down 42% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $412

Up 8% from the previous month.
Up 4% 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

HIGH NET SALE PRICE: $1,595,000

Up 10% from the previous month.
Down 11% 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 West Georgetown 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