East Georgetown, Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of East Georgetown (78626 zip code) single family sales, reported to the Austin Board of Realtors, for December 2023, as of January 6. In about 60 seconds, know more about the East Georgetown real estate market than almost anyone!

THE ONLY SOURCE

ALEX is the only source of:

(1) East Georgetown Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)

(2) Austin Board of Realtors Specific Monthly Trend Model (Monthly Trend) applied to East Georgetown monthly sales.

(3) Georgetown real estate statistics and analysis published for 5 distinct geographic areas: all of Georgetown, East Georgetown (78626 zip code), West Georgetown (78628 zip code), Northwest Georgetown excluding Sun City (78633 zip code), and Sun City.

Each of the 4 unique Georgetown areas have significantly different real estate statistics. Please take a moment to review.

MARKET & MONTHLY TREND

39 sales:
- Up 26% from the previous month.
- Down 43% from the same month last year.
- Monthly Trend predicted a 13.3% increase from last month.
- Economic and supply/demand impact on sales: The 12.7% POSITIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.
$14.8 million total net sales volume:
- Up 10% from the previous month.
- Down 46% from the same month last year.

NET SALE PRICE

$361,500 median:
- Down 3% from the previous month.
- Down 1% from the same month last year.
$207 per square foot median:
- Up 9% from the previous month.
- Up 7% from the same month last year.
$374,237 average:
- Down 13% from the previous month.
- Down 6% from the same month last year.
$205 per square foot average:
- No change from the previous month.
- Up 1% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

5.1% median discount:
- Down 33% from the previous month.
- Down 70% from the same month last year.
5.5% average discount:
- Down 85% from the previous month.
- Down 66% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

72 median days:
- Up 100% from the previous month.
- Up 21% from the same month last year.
66 average days:
- Down 7% from the previous month.
- Down 14% from the same month last year.

LUXURY INSIGHTS

$613,999 high net sale:
- Down 66% from the previous month.
- Down 51% from the same month last year.
$294 per square foot high net sale:
- Down 6% from the previous month.
- Down 36% from the same month last year.

Get Free ALEX Stat Packs from ALEX.realestate

ALEX Studios publishes 38 Stat Packs in the Greater Austin area. View all areas and select what you would like.

If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane

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ALEX knows more about East Georgetown than just about anybody.

If you have any questions, I am always here. Just call, text or email me.

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
o 713.918.9951
e diane@alex.realestate

Be One of the Few Not One of the Many with ALEX.realestate

PS – Are you an East Georgetown real estate agent or broker?

Do you want to be one of the few armed with the best:
Research & analysis?
Neighborhood/farming area trend and net sale price statistics?
Marketing?
Lead generation?
White Glove Service for your clients and for you and your clients?

Contact me! Diane

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