Best in Texas™: Lockhart Real Estate Market Sees 20% Sales Increase Year-Over-Year in April 2024 – Full Report by ALEX.realestate

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

NOTE: Lockhart 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 the previous month. Sales Net of Monthly Trend: +1.12% positive difference in actual vs. predicted sales.

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TOTAL SALES: 30

• Down 0% from the previous month.
• Up 20% from the same month last year.

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TOTAL NET SALES VOLUME: $9,018,000

• Down 14% from the previous month.
• Up 9% from the same month last year.

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NET SALE PRICE PER SQUARE FOOT:

• $177 per square foot average:
  • Down 6% from the previous month.
  • Down 18% from the same month last year.
• $165 per square foot median:
  • Down 6% from the previous month.
  • Down 13% from the same month last year.

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NET SALE PRICE:

• $292,000 average:
  • Down 15% from the previous month.
  • Down 10% from the same month last year.
• $288,000 median:
  • Down 1% from the previous month.
  • Down 7% from the same month last year.

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LIST PRICE PER SQUARE FOOT:

• $184 per square foot average:
  • Down 9% from the previous month.
  • Down 17% from the same month last year.
• $170 per square foot median:
  • Down 7% from the previous month.
  • Down 14% from the same month last year.

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LIST PRICE:

• $303,000 average:
  • Down 19% from the previous month.
  • Down 10% from the same month last year.
• $299,000 median:
  • Down 2% from the previous month.
  • Down 6% from the same month last year.

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DISCOUNT FROM LIST PRICE:

• -1.3% average discount:
  • Down 83% from the previous month.
  • Down 76% from the same month last year.
• -0.1% median discount:
  • Down 93% from the previous month.
  • Down 94% from the same month last year.

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DAYS FROM LISTING TO ESCROW:

• 59 average days on market:
  • Up 6% from the previous month.
  • Up 97% from the same month last year.
• 36 median days on market:
  • Up 20% from the previous month.
  • Up 125% from the same month last year.

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HIGH NET SALE PRICE PER SQUARE FOOT: $388

• Down 20% from the previous month.
• Down 18% 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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HIGH NET SALE PRICE: $509,000

• Down 54% from the previous month.
• Down 16% 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 Lockhart 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