Best in Texas™: Georgetown April 2024 Rising Sales and Prices Shape Local Real Estate Dynamics by ALEX.realestate

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

NOTE: 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 +6.12% POSITIVE difference in actual vs predicted sales

TOTAL SALES: 237

Up 4% from the previous month.
Up 5% from the same month last year.

TOTAL NET SALES VOLUME: $122,695,814

Up 2% from the previous month.
Up 5% from the same month last year.

NET SALE PRICE PER SF:

$226 per square foot average:
Up 2% from the previous month.
Up 2% from the same month last year.

$215 per square foot median:
No change from the previous month.
No change from the same month last year.

NET SALE PRICE:

$511,997 average:
Down 2% from the previous month.
No change from the same month last year

$452,000 median:
Down 2% from the previous month.
Up 3% from the same month last year.

LIST PRICE PER SF:

$233 per square foot average:
Up 2% from the previous month.
No change from the same month last year.

$222 per square foot median:
Down 1% from the previous month.
Down 1% from the same month last year.

LIST PRICE:

$527,044 average:

Down 3% from the previous month.
Down 1% from the same month last year

$469,990 median:
No change from the previous month.
Up 4% from the same month last year.

DISCOUNT FROM LIST PRICE:

-4.6% average discount:
Up 21% from the previous month.
Down 50% from the same month last year.

-2.6% median discount:
Down 42% from the previous month.
Down 55% from the same month last year.

DAYS FROM LISTING TO ESCROW:

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

29 median days on market:
Down 50% from the previous month.
Down 40% from the same month last year.

HIGH NET SALE PRICE PER SF: $582

Up 45% from the previous month.
Down 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

HIGH NET SALE PRICE: $1,595,00

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 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