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

by swpre-chime-me

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

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

THE ONLY SOURCE

ALEX is the only source of:

(1) Spicewood 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 Spicewood monthly sales.

(3) Monthly Net Sales and Other Key Statistics for over 40 Markets in the Greater Austin Area.

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

MARKET & TREND

6 total sales:
Down 45% from the previous month. Down 57% from the same month last year.

Monthly Trend: Predicted a 23.2% INCREASE from the previous month.

Sales Net of Monthly Trend: 68.2% NEGATIVE difference in actual vs predicted sales.

$7,250,029 total net sales volume:
Down 43% from the previous month. Down 35% from the same month last year.

NET SALE PRICE

$1,204,739 average:
Up 5% from the previous month. Up 53% from the same month last year.

$377 per square foot average:
Up 11% from the previous month. Up 35% from the same month last year.

$906,500 median:
Down 22% from the previous month. Up 19% from the same month last year.

$372 per square foot median:
Up 31% from the previous month. Up 42% from the same month last year.

LIST PRICE

$1,348,880 average:
Up 11% from the previous month. Up 63% from the same month last year.

$429 per square foot average:
Up 20% from the previous month. Up 46% from the same month last year.

$1,062,000 median:
Down 21% from the previous month. Up 36% from the same month last year.

$460 per square foot median:
Up 50% from the previous month. Up 74% from the same month last year.

NET SALE $ % DISCOUNT FROM LIST $

17.8% average discount:
Up 18% from the previous month. Up 70% from the same month last year.

11.5% median discount:
Up 1% from the previous month. Up 157% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

160 average days:
Down 36% from the previous month. Up 53% from the same month last year.

128 median days:
Down 30% from the previous month. Up 14% from the same month last year.

LUXURY INSIGHTS

$2,681,155 high net sale:
Up 6% from the previous month. Up 62% from the same month last year.

$562 per square foot high net sale:
Down 7% from the previous month. Up 21% from the same month last year.

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

ALEX Studios currently publishes over 40 Stat Packs in the Greater Austin area including Spicewood. 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 Spicewood 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

Are you an Agent or Broker in Spicewood?

This is NOT a large number of agents game for us. For example, in Spicewood we will accept up to 2 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

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