The Hills One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of The Hills single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the The Hills real estate market than almost anyone! 

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

• 5 sales is a 400% increase from August 2023, and up 25% from September 2022. 
• $4,628,000 total net sales. A 435% increase from August 2023, and up 7% from September 2022.
• Seasonal Trend predicted a 10% reduction from August 2023. 

LUXURY INSIGHTS

• $1,300,000 high net sale price was up 51% from August 2023, and down 6% from September 2022. 
• $1,300,000 high list price was up 48% from August 2023, and down 7% from September 2022.
• $421 high net sale price per SF was up 26% from August 2023, and 17% from September 2022.
• $421 high list price per SF was up 23% from August 2023, and up 10% from September 2022.

KEY STATISTICS

• Median Cumulative Days on Market: 64, up 8% from August 2023, and an 78% increase from September 2022.
• Median Net Sale Price: $862,000, no change from August 2023, and down 18% from September 2022.
• Median Net Sale $ per Square Foot: $303, down 10% from August 2023, and a 6% decrease year-over-year.
• Median Net Sale $ % Discount from List Price: 2.6%, marking a 33% decrease from August 2023, and a 62% decrease from September 2022.

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! Aaron

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, Senior Partner
Alexander Tiffany Southwest dba ALEX.realestate
v 214.886.0816
o 713.918.9951
e aaron@alex.realestate
w https://aaronalexander.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

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