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

by swpre-chime-me

ALEX Labs just completed analysis of Lakeway 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 Lakeway real estate market than almost anyone!

THE ONLY SOURCE

ALEX is the only source of:

(1) Lakeway 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 Lakeway monthly sales.

MARKET & TREND

17 sales:
- Up 55% from the previous month.
- No change from the same month last year.
- Monthly Trend predicted a 13.3% increase from last month.
- Economic and supply/demand impact on sales: The 41.7% POSITIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.
$18.4 million total net sales volume:
- Up 77% from the previous month.
- Up 24% from the same month last year.

NET SALE PRICE

$825,000 median:
- Down 14% from the previous month.
- Up 11% from the same month last year.
$274 per square foot median:
- Up 10% from the previous month.
- Down 3% from the same month last year.
$1,079,590 average:
- Up 15% from the previous month.
- Up 24% from the same month last year.
$310 per square foot average:
- Up 21% from the previous month.
- Up 7% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

11.1% median discount:
- Down 28% from the previous month.
- Up 24% from the same month last year.
14.2% average discount:
- Down 23% from the previous month.
- Up 13% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

159 median days:
- Up 83% from the previous month.
- Up 261% from the same month last year.
145 average days:
- Up 56% from the previous month.
- Up 125% from the same month last year.

LUXURY INSIGHTS

$2,700,000 high net sale:
- Up 105% from the previous month.
- Up 23% from the same month last year.
$612 per square foot high net sale:
- Up 96% from the previous month.
- Up 61% from the same month last year.

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ALEX knows more about Lakeway than just about anybody.

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

Aaron Alexander, BA, CLHMS, ABR
Senior Partner ALEX.realestate
Board Member ALEX Cares
v 214-886-0816
t 512-824-0024
e aaron@alex.realestate
w https://aaronalexander.alex.realestate/

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PS –
Are you an Agent or Broker in Lakeway?

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! Aaron

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