Best in Texas™: Diving Deep into Georgetown’s May 2024 Real Estate Market with Insights and Trends by ALEX.realestate
Discover how different regions in Georgetown fared in May 2024 with detailed analyses on sales, prices, and market performance. Don’t miss the highs and lows that could influence your next move in the Georgetown real estate market! ALL SLIDES Link to view all slides. PS – If you want a complete set of the slides in a PDF, or if you want A report on Georgetown or any of the micro markets, just email George at george@alex.realestate. SUMMARY Total Sales Net of 14.66% Projected Monthly Trend: E Georgetown experienced a significant decline of -28%, which is the actual monthly change of -13% net of the expected 14.66% positive trend.W Georgetown saw an 11% decrease, which is the actual monthly change of 4% net of the expected 14.66% positive trend.NW Georgetown had a 13% decrease, which is the actual monthly change of 2% net of the expected 14.66% positive trend.Sun City stood out with a 4% increase, which is the actual monthly change of 19% net of the expected 14.66% positive trend. Total Sales: W Georgetown led with 110 sales.Sun City followed with 50 sales.NW Georgetown had 43 sales.E Georgetown had the lowest sales at 41. Total Net Sales Volume: W Georgetown had the highest volume at $60,644,374.NW Georgetown followed with $27,334,014.Sun City had $22,513,125.E Georgetown had the lowest at $16,693,058. Net Sale Price per SF Median: Sun City had the highest median at $221 per SF.Both W Georgetown and NW Georgetown were at $212 per SF.E Georgetown was the lowest at $189 per SF. Discount from List Price Median: NW Georgetown had the largest median discount at -5%.W Georgetown and Sun City each had a -3% discount.E Georgetown had the smallest discount at -1%. Days from Listing to Escrow Median: NW Georgetown had the longest median time at 69 days.Sun City followed with 39 days.W Georgetown took 30 days.E Georgetown was the fastest at 24 days. High Net Sale: NW Georgetown had the highest sale at $1,900,000.Sun City followed with $1,390,713.W Georgetown had a high sale of $1,310,000.E Georgetown had the lowest at $775,000. High Net Sale per SF: W Georgetown led with $441 per SF.NW Georgetown followed with $347 per SF.Sun City had $327 per SF.E Georgetown was the lowest at $303 per SF. ACTUAL VS PREDICTED MONTHLY TREND: ALEX knows more about Georgetown real estate 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
Best in Texas™: Sun City Shakes Up: Sales Dip but high net sale of $1.39M defies trends by ALEX.realestate
ALEX Labs just completed analysis of Sun City single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Sun City real estate market than almost anyone! SUMMARY TABLE: MONTHLY TREND: -5% Predicted Monthly Trend: +14.66% INCREASE from the previous month.Sales Net of Monthly Trend: -19.66% NEGATIVE difference in actual vs. predicted sales. TOTAL SALES: 50 Down 5% from the previous month.Down 3.2% from the same month last year. TOTAL NET SALES VOLUME: $22,513,126 Down 1% from the previous month.Down 17% from the same month last year. NET SALE PRICE PER SQUARE FOOT: $225 per square foot average:Down 1% from the previous month.Down 4% from the same month last year.$221 per square foot median:Same as the previous month.Down 6% from the same month last year. NET SALE PRICE: $448,506 average:Down 5% from the previous month.Down 7% from the same month last year.$405,285 median:Down 4% from the previous month.Down 2% from the same month last year. LIST PRICE PER SQUARE FOOT: $230 per square foot average:Down 1% from the previous month.Down 3% from the same month last year.$228 per square foot median:Down 1% from the previous month.Down 5% from the same month last year. LIST PRICE: $460,500 average:Down 4% from the previous month.Down 7% from the same month last year.$424,950 median:Down 5% from the previous month.Down 2% from the same month last year. DISCOUNT FROM LIST PRICE: -10% average:Up 12% from the previous month.Down 41% from the same month last year.-29% median:Up 12% from the previous month.Down 37% from the same month last year. DAYS FROM LISTING TO ESCROW: 80 average days:Down 16% from the previous month.Down 9% from the same month last year.40 median days:Down 7% from the previous month.Down 14% from the same month last year. HIGH NET SALE PRICE PER SQUARE FOOT: $327 Down 7% from the previous month.Down 14% from the same month last year. HIGH NET SALE PRICE: $1,390,714 Down 7% from the previous month.Down 14% from the same month last year. ALEX knows more about Sun City area than just about anybody. If you have any questions, I am always here. Just call, text or email me. Diane Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate
Best in Texas™: Sun City Deals of the Week by ALEX.realestate
ALEX Labs just completed the analysis of Sun City homes for sale in the Austin Board of Realtors, known as “ABOR.” Using our AI tools, deep intelligence and genius real estate, we identified the 6 best deals in Sun City out of 145 listings. We found the best deals. UNDER $500,000RESALE Price Drop Advantage: Reduced $90,000, reflecting a 21.43% discount.Modern Build Quality: Constructed in 2020, offering modern amenities and minimal wear.Scenic Living: Located with views of the neighborhood and park/greenbelt, enhancing the living quality. NEW CONSTRUCTION Market Competitiveness: Priced at $265 per SF, indicating good value for a new construction.Brand New Facility: Built in 2024, ensuring all the latest home innovations are included.Investment Potential: Anticipated to appreciate in value due to ongoing developments in the area. GOLF COURSE Golf View Premium: Offers views of the golf course and park/greenbelt, a highly desirable feature.Priced Right: Below $220 per SF makes it an attractive buy considering the premium location and views.Well-Established Area: Part of a community known for its maintenance and charm since 1999. If you’re interested, just email and I will get you all the details! OVER $500,000RESALE Elite Golf Course Access: Directly views the golf course, enhancing the property’s prestige.Competitive Pricing: Listed at under $290 per SF, a good price for its features, size, age and location.Recent Construction: Built in 2014, the property combines modernity with timeless design. NEW CONSTRUCTION Market Competitiveness: Priced at just under $270 per SF, indicating good value for a new construction.Upgraded: Ensures all the latest home innovations are included.Investment Potential: Anticipated to appreciate in value due to ongoing developments in the area plus aggressive pricing per SF. GOLF COURSE Expansive Estate: Large property layout with extensive amenities tailored for luxury living.Golf Course Proximity: Enjoys golf course and park/greenbelt views, ideal for serene lifestyles.Valued Fairly: Listed at just over $240 per SF, this is a significant deal for a high-end property in the area. If you’re interested, just email and I will get you all the details! ALEX knows more about Sun City than just about anybody. If you want information about any of these properties, just email and I will get you the details! I am always here. Just call, text or email me. Diane Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate
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