Sun City, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of Sun City single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. In about 60 seconds, know more about the Sun City real estate market than almost anyone!

THE ONLY SOURCE

ALEX is the only source of:

(1) Sun City 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 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

35 sales:
- Down 3% from the previous month.
- Down 15% from the same month last year.
- Seasonal Trend predicted a 3.47% reduction from September 2023.
$15.8 million total net sales volume:
- Up 3% from the previous month.
- Down 21% from the same month last year.

NET SALE PRICE

$421,290 median:
- Up 8% from the previous month.
- Down 8% from the same month last year.
$225 per square foot median:
- No change from the previous month.
- Down 11% from the same month last year.
$448,218 average:
- Up 6% from the previous month.
- Down 8% from the same month last year.
$223 per square foot average:
- Down 2% from the previous month.
- Down 12% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

4.9% median discount:
- Up 46% from the previous month.
- Up 45% from the same month last year.
10% average discount:
- Up 79% from the previous month.
- Up 91% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

37 median days:
- Down 20% from the previous month.
- Up 68% from the same month last year.
82 average days:
- Up 26% from the previous month.
- Up 135% from the same month last year.

LUXURY INSIGHTS

$985,000 high net sale:
- Up 19% from the previous month.
- Up 26% from the same month last year.
$315 per square foot high net sale:
- No change from the previous month.
- Up 1% from the same month last year.
$950,000 high list:
- Up 12% from the previous month.
- Up 20% from the same month last year.
$304 per square foot high list:
- Down 6% from the previous month.
- Down 4% from the same month last year.

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

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

This image has an empty alt attribute; its file name is AlexLogo-with-Slate-Background.001-1024x576.jpeg

ALEX knows more about Sun City 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
o 713.918.9951
e diane@alex.realestate

Be One of the Few Not One of the Many with ALEX.realestate

PS – If you are an Agent or Broker in Sun City and want to be one of the few armed with the best research, analysis, marketing and White Glove Service for your clients and for you contact me! Diane

SUMMARY TABLE