Best in Texas™: Exploring Hutto’s Dynamic Market: April 2024 Brings Surprising Gains in Home Sale Prices and List Prices by ALEX.realestate

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

NOTE: Hutto 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: -1%

Predicted Monthly Trend: -2.12% DECREASE from prior month

Sales Net of Monthly Trend: +1.12% POSITIVE difference in actual vs. predicted sales

TOTAL SALES: 97

• Down 1% from the previous month.
• Up 37% from the same month last year.

TOTAL NET SALES VOLUME: $40,201,990

• Up 7% from the previous month.
• Up 41% from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

• $190 per square foot average:
  • Up 1% from the previous month.
  • Up 3% from the same month last year.
• $189 per square foot median:
  • Same as the previous month.
  • Up 3% from the same month last year.

NET SALE PRICE:

• $402,968 average:
  • Up 8% from the previous month.
  • Up 3% from the same month last year.
• $380,000 median:
  • Up 7% from the previous month.
  • Up 5% from the same month last year.

LIST PRICE PER SQUARE FOOT:

• $198 per square foot average:
  • Up 1% from the previous month.
  • Up 3% from the same month last year.
• $194 per square foot median:
  • Down 1% from the previous month.
  • Up 2% from the same month last year.

LIST PRICE:

• $420,387 average:
  • Up 8% from the previous month.
  • Up 3% from the same month last year.
• $390,990 median:
  • Up 5% from the previous month.
  • Up 3% from the same month last year.

DISCOUNT FROM LIST PRICE:

• -2.8% average discount:
  • Up 24% from the previous month.
  • Down 50% from the same month last year.
• -2.0% median discount:
  • Up 86% from the previous month.
  • Down 32% from the same month last year.

DAYS FROM LISTING TO ESCROW:

• 23 average days on market:
  • Up 34% from the previous month.
  • Down 17% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $318

• Up 5% from the previous month.
• Up 9% 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: $939,500

• Up 46% 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 Hutto 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