Hutto, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

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


THE ONLY SOURCE

ALEX is the only source of:

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

(2) Austin Board of Realtors Monthly Trend Model (Monthly Trend) applied to Hutto monthly sales.

(3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area.

(4) Comparing % change in number of sales month over month to  Monthly TrendGeorgetown comparative analysis.


MARKET & TREND

  • 91 total sales:
  • Up 34% from the previous month. Down 2% from the same month last year.
  • Monthly trend predicted a 23.2% INCREASE from the previous month.
  • The actual sales were 10.8% POSITIVE difference from the Monthly Trend predicted sales.

TOTAL NET SALES VOLUME

  • $35,876,523 total net sales volume:
    • Up 24% from the previous month. Up 1% from the same month last year.

NET SALE PRICE

  • $387,061 average:
    • Down 7% from the previous month. Up 4% from the same month last year.
  • $189 per square foot average:
    • Down 2% from the previous month. Up 4% from the same month last year.
  • $367,236 median:
    • Down 1% from the previous month. Up 3% from the same month last year.
  • $188 per square foot median:
    • Up 1% from the previous month. Up 3% from the same month last year.

LIST PRICE

  • $402,431 average:
    • Down 9% from the previous month. Up 3% from the same month last year.
  • $196 per square foot average:
    • Down 4% from the previous month. Up 3% from the same month last year.
  • $381,705 median:
    • No change from the previous month. Up 2% from the same month last year.
  • $193 per square foot median:
    • Up 1% from the previous month. Up 2% from the same month last year.

NET SALE $ % DISCOUNT FROM LIST $

  • 5.0% average discount:
    • Down 29% from the previous month. Down 50% from the same month last year.
  • 3.2% median discount:
    • Down 23% from the previous month. Down 61% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

  • 62 average days:
    • Down 9% from the previous month. Down 3% from the same month last year.
  • 42 median days:
    • Down 28% from the previous month. Down 14% from the same month last year.

LUXURY INSIGHTS

  • $835,000 high net sale:
    • Down 62% from the previous month. Up 46% from the same month last year.
  • $393 per square foot high net sale:
    • Down 40% from the previous month. Up 54% from the same month last year.

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ALEX Studios currently publishes over 45 Stat Packs in the Greater Austin area including Hutto. 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 Hutto area 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
713.591.9902
diane@alex.realestate


Are you an Agent or Broker in Hutto

This is NOT a large number of agents game for us. For example, in Hutto we will accept up to 5 agents and/or brokers.

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Do you want to work with a Broker in the top 2% of Zillow globally who is willing to help you with farming area targeting, lead generation, lead nurturing and lead conversion?

Would you like to be armed with the best and most powerful tools including Stat Packs and 1 Minute Tours?  

Want to know more about ALEX or ALEX Partner positions?

Contact me! Diane


SUMMARY TABLE

DAYS FROM LISTING TO ESCROW

NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE

TOTAL NUMBER OF SALES

TOTAL NET SALES* VOLUME

NET SALE PRICE* PER SF

NET SALE PRICE* PER HOME

LIST PRICE PER SF

LIST PRICE PER HOME

HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF

Note: We do not audit ABOR data. We assume these unusual numbers (spikes) are probably due to Listing Agents misclassifying properties as “Single Family Residential”

HIGH LIST PRICE & HIGH NET SALE PRICE*

PROJECT TEAM

Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead

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Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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