Northwest Georgetown, excluding Sun City, Nov 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of Northwest Georgetown (78633) zip code) single family sales, reported to the Austin Board of Realtors, for Norvember 2023, as of December 2. To more precisely analyze Northwest Georgetown, we deleted Sun City from this Analysis. In about 60 seconds, know more about the Northwest Georgetown real estate market than almost anyone! 


THE ONLY SOURCE

ALEX is the only source of:

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

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

(3) Georgetown real estate statistics and analysis published for 5 distinct geographic areas: Georgetown, East Georgetown, West Georgetown, Northwest Georgetown excluding Sun City, and Sun City.


SEASONAL TREND

  • 14 sales:
    • Down 50% from the previous month.
    • Down 46% from the same month last year.
    • Seasonal Trend predicted a 6.41% reduction from last month.
  • $7.1 million total net sales volume:
    • Down 63% from the previous month.
    • Down 57% from the same month last year.

NET SALE PRICE

  • $457,645 median:
    • Down 21% from the previous month.
    • Up 10% from the same month last year.
  • $205 per square foot median:
    • Down 11% from the previous month.
    • Down 14% from the same month last year.
  • $494,728 average:
    • Down 28% from the previous month.
    • Down 21% from the same month last year.
  • $211 per square foot average:
    • Down 11% from the previous month.
    • Down 17% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

  • 14.5% median discount:
    • Up 105% from the previous month.
    • Up 11% from the same month last year.
  • 16.8% average discount:
    • Up 78% from the previous month.
    • Up 7% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

  • 165 median days:
    • Up 96% from the previous month.
    • Up 329% from the same month last year.1
  • 159 average days:
    • Up 54% from the previous month.
    • Up 246% from the same month last year.

LUXURY INSIGHTS

  • $755,000 high net sale:
    • Down 56% from the previous month.
    • Down 50% from the same month last year.
  • $310 high net sale per SF:
    • Down 18% from the previous month.
    • Down 30% from the same month last year.


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ALEX knows more about Northwest 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
713.591.9902
713.918.9951
diane@alex.realestate


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PS – If you are an Agent or Broker in Northwest Georgetown and want to be one of the few armed with the best research, analysis including neighborhood / farming area trend and net sale price statistics, marketing, lead generation, and White Glove Service for your clients and for you 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

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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