Travis County, Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Travis County single family sales, reported to the Austin Board of Realtors, for December 2023, as of January 6. In about 60 seconds, know more about the Travis County real estate market than almost anyone! 

---

THE ONLY SOURCE

ALEX is the only source of:

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

(2) Austin Board of Realtors Specific Monthly Trend Model (Monthly Trend) applied to Travis County monthly sales.

---

MARKET & TREND

• 654 sales:
  • Up 3% from the previous month.
  • Down 21% from the same month last year.
  • Monthly Trend predicted a 13.3% increase from last month.
  • Economic and supply/demand impact on sales: The 10.3% NEGATIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.
• $460 million total net sales volume:
  • No change from the previous month.
  • Down 17% from the same month last year.

---

NET SALE PRICE

• $520,000 median:
  • Down 1% from the previous month.
  • Up 2% from the same month last year.
• $259 per square foot median:
  • No change from the previous month.
  • No change from the same month last year.
• $696,312 average:
  • Down 3% from the previous month.
  • Up 4% from the same month last year.
• $303 per square foot average:
  • Down 1% from the previous month.
  • Up 1% from the same month last year.

---

NET SALE PRICE DISCOUNT FROM LIST PRICE

• 7.9% median discount:
  • Up 14% from the previous month.
  • Down 21% from the same month last year.
• 10.9% average discount:
  • Up 6% from the previous month.
  • Down 13% from the same month last year.

---

CUMULATIVE DAYS FROM LISTING TO ESCROW

• 56 median days:
  • Up 14% from the previous month.
  • Up 23% from the same month last year.
• 80 average days:
  • Up 14% from the previous month.
  • Up 37% from the same month last year.

---

LUXURY INSIGHTS

• $4,785,000 high net sale:
  • Down 63% from the previous month.
  • Down 15% from the same month last year.
• $1,076 high net sale per SF:
  • Down 20% from the previous month.
  • Down 16% from the same month last year.

---

ALEX Studios publishes 38 Stat Packs in the Greater Austin area. View all areas and select what you would like.

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

---

ALEX knows more about Travis County 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

---

PS –

Are you an Agent or Broker in Travis County?

Do you want to be one of the few armed with the best:
Research & analysis?
Neighborhood/farming area trend and net sale price statistics?
Marketing?
Lead generation?
White Glove Service for your clients and for you and your clients?

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