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

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

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THE ONLY SOURCE

ALEX is the only source of:

(1) Kyle 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 Kyle 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 Trend. Georgetown comparative analysis.

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MARKET:

• 93 total sales: Up 19% from the previous month. Up 33% from the same month last year.

MONTHLY TREND:

• Predicted a 23.2% INCREASE from the previous month.
• A 4.2% NEGATIVE difference in actual vs predicted sales.

NET SALE PRICE:

• $377,000 average: Up 3% from the previous month. Up 4% from the same month last year.
• $184 average price per square foot: Up 1% from the previous month. Down 4% from the same month last year.
• $350,000 median: Up 2% from the previous month. Up 3% from the same month last year.
• $182 median price per square foot: Up 1% from the previous month. Down 4% from the same month last year.

LIST PRICE:

• $395,000 average: Up 4% from the previous month. Up 2% from the same month last year.
• $193 average price per square foot: Up 1% from the previous month. Down 5% from the same month last year.
• $360,000 median: No change from the previous month. Down 3% from the same month last year.
• $189 median price per square foot: No change from the previous month. Down 5% from the same month last year.

DISCOUNT FROM LIST PRICE:

• 8.9% average discount: Up 16% from the previous month. Down 11% from the same month last year.
• 7.4% median discount: Up 25% from the previous month. Down 21% from the same month last year.

DAYS FROM LISTING TO ESCROW:

• 118 average days on market: Up 48% from the previous month. Up 40% from the same month last year.
• 87 median days on market: Up 66% from the previous month. Up 61% from the same month last year.

LUXURY INSIGHTS:

• $872,000 high net sale: Up 42% from the previous month. Up 35% from the same month last year.
• $289 high price per square foot: Down 3% from the previous month. Up 10% from the same month last year.

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

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

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Are you an Agent or Broker in Kyle? 

This is NOT a large number of agents game for us. For example, in Kyle we will accept up to 4 agents and/or brokers.

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

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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

Note: We do not audit ABOR data. We assume the unusual number (spike) in Dec 2023 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

NET SALE PRICE* PER HOME

LIST PRICE PER SF

Note: We do not audit ABOR data. We assume the unusual number (spike) in Dec 2023 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

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*

Note: We do not audit ABOR data. We assume the unusual number (spike) in June 2022 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

PROJECT TEAM

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