Best in Texas™: Liberty Hill Real Estate Market Sees Sales Decline with more negative than positive signals: April 2024 Trends and Insights by ALEX.realestate

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

NOTE: Liberty Hill 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: -10%

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

Sales Net of Monthly Trend: -7.88% negative difference in actual vs. predicted sales.

Total Sales: 69

• Down 10% from the previous month.
• Down 27% from the same month last year.

Total Net Sales Volume: $39,271,040

• Down 9% from the previous month.
• Down 31% from the same month last year.

Net Sale Price per Square Foot:

• $211 per square foot average:
  • Down 1% from the previous month.
  • Down 4% from the same month last year.
• $207 per square foot median:
  • Down 1% from the previous month.
  • Unchanged from the same month last year.

Net Sale Price:

• $561,000 average:
  • Up 2% from the previous month.
  • Down 5% from the same month last year.
• $513,000 median:
  • Up 3% from the previous month.
  • Down 6% from the same month last year.

List Price per Square Foot:

• $219 per square foot average:
  • Down 2% from the previous month.
  • Down 6% from the same month last year.
• $216 per square foot median:
  • Down 2% from the previous month.
  • Down 1% from the same month last year.

List Price:

• $583,000 average:
  • Up 1% from the previous month.
  • Down 7% from the same month last year.
• $535,000 median:
  • Up 1% from the previous month.
  • Down 7% from the same month last year.

Discount from List Price:

• -6.4% average discount:
  • Down 23% from the previous month.
  • Down 53% from the same month last year.
• -4.2% median discount:
  • Unchanged from the previous month.
  • Down 62% from the same month last year.

Days from Listing to Escrow:

• 106 average days on market:
  • Down 24% from the previous month.
  • Down 9% from the same month last year.
• 54 median days on market:
  • Down 52% from the previous month.
  • Down 33% from the same month last year.

High Net Sale Price per Square Foot: $321

• Down 25% from the previous month.
• Down 24% 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: $1,225,000

• Up 3% from the previous month.
• Up 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

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ALEX knows more about Liberty Hill 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