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

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

NOTE: Marble Falls is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market.

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THE ONLY SOURCE

ALEX is the only source of:

(1) Marble Falls 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 Marble Falls 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 & TREND

• 12 total sales:
  • Down 14% from the previous month. Up 140% from the same month last year.

Monthly Trend:

• Predicted a 23.2% INCREASE from the previous month.
• Sales Net of Monthly Trend: A 37.2% NEGATIVE difference in actual vs predicted sales.

Median sale price per SF:

• $178 median net sale per SF: Down 6% from the previous month. Down 14% from the same month last year.

Median net sale % discount from list $:

• 3.2% median discount: Up 50% from the previous month. Down 63% from the same month last year.

Median cumulative days from listing to escrow:

• 44 median days: Down 7% from the previous month. Down 26% from the same month last year.

Marble Falls 2024.02 Single Family Homes Report

44 total sales:

• Down 14% from the previous month. Up 140% from the same month last year.

Predicted a 23.2% INCREASE from the previous month.

• Sales Net of Monthly Trend: A 37.2% NEGATIVE difference in actual vs predicted sales.

$6,026,261 total net sales volume:

• Down 17% from the previous month. Up 110% from the same month last year.

NET SALE PRICE:

$495,731 average:

• Down 3% from the previous month. Down 14% from the same month last year.

$226 per square foot average:

• Down 3% from the previous month. Down 19% from the same month last year.

$358,944 median:

• Up 1% from the previous month. Down 10% from the same month last year.

$178 per square foot median:

• Down 6% from the previous month. Down 14% from the same month last year.

LIST PRICE:

$534,828 average:

• Down 2% from the previous month. Down 11% from the same month last year.

$237 per square foot average:

• Down 4% from the previous month. Down 19% from the same month last year.

$386,223 median:

• Down 2% from the previous month. Down 16% from the same month last year.

$189 per square foot median:

• Down 4% from the previous month. Down 19% from the same month last year.

DISCOUNT FROM LIST PRICE:

-5.4% average discount:

• Up 31% from the previous month. Down 51% from the same month last year.

-3.2% median discount:

• Up 50% from the previous month. Down 63% from the same month last year.

DAYS FROM LISTING TO ESCROW:

52 average days on market:

• Down 21% from the previous month. Down 27% from the same month last year.

35 median days on market:

• Down 29% from the previous month. Down 44% from the same month last year.

LUXURY INSIGHTS:

$1,558,000 high net sale:

• Down 38% from the previous month. Up 20% from the same month last year.

$577 per square foot high net sale:

• Down 22% from the previous month. Up 13% 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 Marble Falls. 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 Marble Falls 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 Marble Falls? 

This is NOT a large number of agents game for us. For example, in Marble Falls 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

NET SALE PRICE* PER HOME

LIST PRICE PER SF

LIST PRICE PER HOME

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

HIGH LIST PRICE & HIGH NET SALE PRICE*

PROJECT TEAM

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