How to understand Georgetown real estate micro markets? By ALEX.realestate
ALEX Labs just completed analysis of Georgetown and it’s four distinct micro markets: East Georgetown Zip Code 78626.West Georgetown Zip Code 78628.Northwest Georgetown Zip Code 78633 excluding Sun CitySun City. Also added Georgetown and Williamson County for comparative purposes.Our source of data was single family sales reported to the Austin Board of Realtors, for December 2023. In about 2 minutes, know more about the different Georgetown real estate micro markets than almost anyone! ALL CHARTS OF GEORGETOWN COMPARISONS Download the slides for FREE! THE ONLY SOURCE ALEX is the only source of: (1) Georgetown 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 Georgetown monthly sales. (3) Georgetown real estate statistics and analysis published for 4 distinct geographic areas (Micro Markets): East Georgetown, West Georgetown, Northwest Georgetown excluding Sun City, and Sun City. (4) Comparative analysis of the Georgetown Micro Markets, plus Georgetown and Williamson County for comparative purposes. MARKET & MONTHLY TREND Monthly Trend predicted a 13.3% increase from last month. NET SALE PRICE NET SALE PRICE DISCOUNT FROM LIST PRICE CUMULATIVE DAYS FROM LISTING TO ESCROW LUXURY INSIGHTS Download the slides for FREE! ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes 38 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 ALEX knows more about Georgetown 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, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate PS – Are you an Agent or Broker in Georgetown? Do you want to be one of the few armed with the best instead of one of the many armed with the same? Contact me! Diane
Georgetown Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate
ALEX Labs just completed analysis of Georgetown single family sales, reported to the Austin Board of Realtors, for December 2023. In about 60 seconds, know more about the Georgetown real estate market than almost anyone! THE ONLY SOURCE ALEX is the only source of: (1) Georgetown 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 Georgetown 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. MARKET & TREND 209 sales:Up 31% from the previous month.Down 29% from the same month last year.Monthly Trend predicted a 13.3% increase from last month.Economic and supply/demand impact on sales: The 17.7% POSITIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.$108.3 Million total net sales volume:Up 40% from the previous month.Down 30% from the same month last year. NET SALE PRICE $454,159 median:Up 2% from the previous month.Down 3% from the same month last year.$216 per square foot median:Up 2% from the previous month.Down 1% from the same month last year.$512,243 average:Up 8% from the previous month.Down 2% from the same month last year.$217 per square foot average:Up 2% from the previous month.Down 3% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 7.5% median discount:Down 1% from the previous month.Down 47% from the same month last year.15.4% average discount:Up 2% from the previous month.Up 8% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 81 median days:Up 43% from the previous month.Up 76% from the same month last year.99 average days:Up 10% from the previous month.Up 54% from the same month last year. LUXURY INSIGHTS $1,248,000 high net sale:Down 31% from the previous month.Down 45% from the same month last year.$442 per square foot high net sale:Up 25% from the previous month.Down 9% from the same month last year. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes 38 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 ALEX knows more about Georgetown 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, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902o 713.918.9951e diane@alex.realestate PS – Are you an Agent or Broker in Georgetown? 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 AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead
Best in Texas™: Comparing Georgetown’s 5 primary micro markets by ALEX.realestate
ALEX Labs just completed analysis and comparison of the five Georgetown primary micro market single family sales, reported to the Austin Board of Realtors, for November 2023, as of December 2. Get the complete comparative analysis including a data table comparing 37 key statistics. In about 60 seconds, know more about the Georgetown real estate market than almost anyone! Diane Alexander, MBA, MHA, ALEX Broker explains: “Many realtors ask me “why do you publish Georgetown real estate statistics and analysis for 5 distinct geographic areas? It’s easy to see in the charts below. Here’s 3 simple examples:” Month Over Month Total Sales:Georgetown: Down 17.59%.West Georgetown: Up 3.41%. Median Net Sale Price per SF: Georgetown: $213.East Georgetown: $195. Median Days on Market:Georgetown: 57.West Georgetown: 73. ACTUAL VS. PREDICTED MONTHLY TREND We believe our Trend Model is the most innovative and accurate predictor of how a market or micro market is performing. The Trend Model predicted a 6.41% reduction in total sales for the ABOR market. Any difference in actual vs. predicted is primarily the result of the economy including supply and demand. ABOR total sales were down 16% indicating that about 10% of the 16% reduction in sales volume is a result of the economy. Here’s the breakdown for Georgetown 5 primary micro markets’ percent reduction in November 2023 total sales vs October 2023: Primary Micro Market% reduction total sales Nov 2023 from Oct 2023 Georgetown-17.59%E Georgetown – 78626 Zip Code-40.59%W Georgetown – 78628 Zip Code+3.41%NW Georgetown – 78633 Zip Code excluding Sun City-43.59%Sun City -10.59% Get the complete comparative analysis including a data table comparing 37 key statistics. ADDITIONAL GEORGETOWN PRIMARY MICRO MARKETS NOVEMBER COMPARISONS Get the complete comparative analysis including a data table comparing 37 key statistics. THE ONLY SOURCE ALEX is the only source of: (1) Georgetown Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)(2) Austin Board of Realtors Specific Monthly Seasonal Trend Model (Seasonal Trend) applied to Georgetown 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. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes 38 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 ALEX knows more about Greater Austin 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, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902o 713.918.9951e diane@alex.realestate PS – Are you an Agent or Broker in Georgetown?Do you want to be one of the few armed with the best research, analysis including neighborhood/farming area trend and net sale price statistics?Best marketing?Best buyer and seller lead generation? And White Glove Service for your clients and for you, contact me! Diane
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