Best in Texas™: Travis County August 2024 Real Estate Sales UP 0.33 percent vs. DOWN 4.53 percent for ABOR. ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of the Travis County single family sales reported to the Austin Board of Realtors for August 2024. In about 60 seconds know more about the Travis County real estate real estate, the data, research and analysis than just about anybody.

ALEX’s Stat Packs are the ONLY source for “Net Sale Price” statistics AND the ONLY source for “ABOR specific” monthly trend analysis applied to Travis County and over 45 other Greater Austin markets. They are produced each month. And they are free! Get one or all today!

SUMMARY TABLE:

MONTHLY TREND: +0.33% vs -4.53% for ABOR

Predicted Monthly Trend: -3.24% DECREASE from the previous month.

Sales Net of Monthly Trend: +3.57% POSITIVE difference in actual vs. predicted.

Total Sales:

Total Sales: 924

% Change from Prior Month: 0%
% Change Same Month Last Year: -8%

Total Net Sales Volume:

Total Net Sales Volume: $683,969,000

% Change from Prior Month: -1%
% Change Same Month Last Year: -8%

Net Sale Price per Square Foot:

Average: $314
- % Change from Prior Month: -4%
- % Change Same Month Last Year: -3%
Median: $270
- % Change from Prior Month: -1%
- % Change Same Month Last Year: -2%

Net Sale Price:

Average: $734,167
- % Change from Prior Month: -1%
- % Change Same Month Last Year: 0%
Median: $533,375
- % Change from Prior Month: -3%
- % Change Same Month Last Year: -3%
High: $6,842,000
- % Change from Prior Month: 34%
- % Change Same Month Last Year: -2%

List Price per Square Foot:

Average: $329
- % Change from Prior Month: -3%
- % Change Same Month Last Year: -3%
Median: $279
- % Change from Prior Month: -1%
- % Change Same Month Last Year: -2%

List Price:

Average: $771,388
- % Change from Prior Month: 0%
- % Change Same Month Last Year: 0%
Median: $554,955
- % Change from Prior Month: -3%
- % Change Same Month Last Year: -3%
High: $7,000,000
- % Change from Prior Month: 30%
- % Change Same Month Last Year: -10%

Discount from List Price:

Average Discount: -8.8%
- % Change from Prior Month: 18%
- % Change Same Month Last Year: 12%
Median Discount: -6.2%
- % Change from Prior Month: 35%
- % Change Same Month Last Year: 13%

Days from Listing to Escrow:

Average: 67 days
- % Change from Prior Month: 13%
- % Change Same Month Last Year: 16%
Median: 43 days
- % Change from Prior Month: 30%
- % Change Same Month Last Year: 30%

High Net Sale Price per Square Foot:

High Net Sale Price per SF: $1,100

% Change from Prior Month: -87%
% Change Same Month Last Year: -17%

High Net Sale Price:

High Net Sale Price: $6,842,000

% Change from Prior Month: 34%
% Change Same Month Last Year: -2%

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