Best in Texas™: Leander Real Estate Market Mixed Signals but Shows Positive Trend: April 2024 Sales Up 3% by ALEX.realestate

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

NOTE: Leander 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: +3%

Predicted Monthly Trend: -2.12% decrease from the previous month.

Sales Net of Monthly Trend: +5.12% positive difference in actual vs. predicted sales.

Total Sales: 145

• Up 3% from the previous month.
• Up 7% from the same month last year.

Total Net Sales Volume: $79,592,692

• Down 3% from the previous month.
• Up 10% from the same month last year.

Net Sale Price per Square Foot:

• $219 per square foot average:
  • Unchanged from the previous month.
  • Down 1% from the same month last year.
• $216 per square foot median:
  • Up 2% from the previous month.
  • Unchanged from the same month last year.

Net Sale Price:

• $543,000 average:
  • Down 5% from the previous month.
  • Up 4% from the same month last year.
• $459,000 median:
  • Down 8% from the previous month.
  • Down 2% from the same month last year.

List Price per Square Foot:

• $227 per square foot average:
  • Down 2% from the previous month.
  • Down 1% from the same month last year.
• $221 per square foot median:
  • Down 1% from the previous month.
  • Unchanged from the same month last year.

List Price:

• $563,000 average:
  • Down 8% from the previous month.
  • Up 4% from the same month last year.
• $470,000 median:
  • Down 11% from the previous month.
  • Down 3% from the same month last year.

Discount from List Price:

• -4.6% average discount:
  • Down 28% from the previous month.
  • Down 32% from the same month last year.
• -3.1% median discount:
  • Down 35% from the previous month.
  • Down 19% from the same month last year.

Days from Listing to Escrow:

• 55 average days on market:
  • Down 20% from the previous month.
  • Down 21% from the same month last year.
• 26 median days on market:
  • Down 21% from the previous month.
  • Down 16% from the same month last year.

High Net Sale Price per Square Foot: $426

• Down 55% from the previous month.
• Down 2% 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: $1,448,000

• Down 36% from the previous month.
• Down 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 error

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ALEX knows more about Leander 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