Best in Texas™: Sun City November Monthly Real Estate Slumps: See all the key statistics. ALEX.realestate

by swpre-chime-me

ALEX just completed analysis of the Sun City single family sales reported to the Austin Board of Realtors for November 2024. In about 60 seconds know more about the Sun City 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 Sun City and over 45 other micro markets in Greater Austin. They are produced each month. And they are free! Get one or all today!


SUMMARY TABLE:


MONTHLY TREND: 

  • Actual Monthly Trend: -31% decrease vs -8.16% for all of the Austin Board of Realtors (ABOR)
  • Predicted Monthly Trend: -8.16% decrease from the previous month
  • Sales Net of Monthly Trend: -22.84% negative difference in actual vs. predicted sales

TOTAL SALES

  • Total Sales: 34
  • % Change from Prior Month: -31%
  • % Change Same Month Last Year: +17%

TOTAL NET SALES VOLUME

  • Total Net Sales Volume: $13,668,597
  • % Change from Prior Month: -39%
  • % Change Same Month Last Year: +15%

NET SALE PRICE PER SQUARE FOOT

  • Average: $220.47
    • % Change from Prior Month: -2%
    • % Change Same Month Last Year: -2%
  • Median: $214.50
    • % Change from Prior Month: -3%
    • % Change Same Month Last Year: -5%

NET SALE PRICE

  • Average: $401,323
    • % Change from Prior Month: -12%
    • % Change Same Month Last Year: -2%
  • Median: $366,229
    • % Change from Prior Month: -8%
    • % Change Same Month Last Year: -2%
  • High: $684,652
    • % Change from Prior Month: -49%
    • % Change Same Month Last Year: -7%

LIST PRICE PER SQUARE FOOT

  • Average: $227.18
    • % Change from Prior Month: -4%
    • % Change Same Month Last Year: -2%
  • Median: $219.50
    • % Change from Prior Month: -3%
    • % Change Same Month Last Year: -5%

LIST PRICE

  • Average: $413,238
    • % Change from Prior Month: -14%
    • % Change Same Month Last Year: -3%
  • Median: $372,500
    • % Change from Prior Month: -11%
    • % Change Same Month Last Year: -4%
  • High: $690,000
    • % Change from Prior Month: -55%
    • % Change Same Month Last Year: -8%

DISCOUNT FROM LIST PRICE

  • Average Discount: -7.1%
    • % Change from Prior Month: -1%
    • % Change Same Month Last Year: -5%
  • Median Discount: -4.0%
    • % Change from Prior Month: -18%
    • % Change Same Month Last Year: -10%

DAYS FROM LISTING TO ESCROW

  • Average: 97.15 days
    • % Change from Prior Month: +32%
    • % Change Same Month Last Year: +37%
  • Median: 66 days
    • % Change from Prior Month: +11%
    • % Change Same Month Last Year: +60%

HIGH NET SALE PRICE PER SQUARE FOOT

  • High Net Sale Price per SF: $306.00
    • % Change from Prior Month: -27%
    • % Change Same Month Last Year: +6%

HIGH NET SALE PRICE

  • High Net Sale Price: $684,652
    • % Change from Prior Month: -49%
    • % Change Same Month Last Year: -7%

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 Sun City real estate, the data, research and analysis than just about anybody.

If you have any questions, I am always here. Just text me. Diane

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
713.591.9902

diane@alex.realestate

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Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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