The Hills, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

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

THE ONLY SOURCE

ALEX is the only source of:

(1) 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.

SEASONAL TREND

2 sales:
- Down 60% from the previous month.
- Down 33% from the same month last year.
- Seasonal Trend predicted a 3.47% reduction from September 2023.
$2.15 million total net sales volume:
- Down 54% from the previous month.
- Down 30% from the same month last year.

NET SALE PRICE

$1,070,050 median:
- Up 24% from the previous month.
- Up 43% from the same month last year.
$318 per square foot median:
- Up 5% from the previous month.
- Down 11% from the same month last year.
$1,070,050 average:
- Up 16% from the previous month.
- Up 6% from the same month last year.
$318 per square foot average:
- Up 3% from the previous month.
- Down 4% from the same month last year.

NET SALE PRICE PAID OVER LIST PRICE

0.3% median premium:
- Down 88% from the previous month.
- Down 91% from the same month last year.
0.3% average premium:
- Down 95% from the previous month.
- Down 95% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

8 median days:
- Down 88% from the previous month.
- Down 70% from the same month last year.
8 average days:
- Down 88% from the previous month.
- Down 78% from the same month last year.

LUXURY INSIGHTS

$1,370,100 high net sale:
- Up 5% from the previous month.
- Down 12% from the same month last year.
$350 per square foot high net sale:
- Down 17% from the previous month.
- Down 17% from the same month last year.

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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

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ALEX knows more about The Hills than just about anybody.

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

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

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

PS – If you are an Agent or Broker in The Hills 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! Aaron

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