• Best in Texas™: Diving Deep into Georgetown’s May 2024 Real Estate Market with Insights and Trends by ALEX.realestate,swpre-chime-me

    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

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  • Best in Texas™: West Georgetown’s Market Resilience Tested: High Net Sale Prices Dip by 6% Amidst Market Fluctuations by ALEX.realestate,swpre-chime-me

    Best in Texas™: West Georgetown’s Market Resilience Tested: High Net Sale Prices Dip by 6% Amidst Market Fluctuations by ALEX.realestate

    ALEX Labs just completed analysis of West Georgetown single family sales reported to the Austin Board of Realtors for May 2024. In about 60 seconds know more about the West Georgetown real estate market than almost anyone!  NOTE: West Georgetown is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market. SUMMARY TABLE: MONTHLY TREND: -4%Predicted Monthly Trend: +14.66% INCREASE from the previous month.Sales Net of Monthly Trend: -18.66% NEGATIVE difference in actual vs. predicted sales. TOTAL SALES: 110 % Change from Prior Month: -4%% Change Same Month Last Year: -11% TOTAL NET SALES VOLUME: $60,644,373 % Change from Prior Month: -1%% Change Same Month Last Year: -17% NET SALE PRICE PER SQUARE FOOT: Average: $221.51% Change from Prior Month: -1%% Change Same Month Last Year: -4%Median: $211.50% Change from Prior Month: 0%% Change Same Month Last Year: -6% NET SALE PRICE: Average: $543,095% Change from Prior Month: -5%% Change Same Month Last Year: -7%Median: $475,726% Change from Prior Month: -4%% Change Same Month Last Year: -2% LIST PRICE PER SQUARE FOOT: Average: $230.37% Change from Prior Month: -1%% Change Same Month Last Year: -3%Median: $221.50% Change from Prior Month: -1%% Change Same Month Last Year: -5% LIST PRICE: Average: $564,588% Change from Prior Month: -4%% Change Same Month Last Year: -7%Median: $492,303% Change from Prior Month: -5%% Change Same Month Last Year: -2% DISCOUNT FROM LIST PRICE: Average: -5.7%% Change from Prior Month: 12%% Change Same Month Last Year: -41%Median: -3.3%% Change from Prior Month: 12%% Change Same Month Last Year: -37% DAYS FROM LISTING TO ESCROW: Average: 58 days% Change from Prior Month: -16%% Change Same Month Last Year: -9%Median: 25 days% Change from Prior Month: -7%% Change Same Month Last Year: -14% HIGH NET SALE PRICE PER SQUARE FOOT: $1,193 % Change from Prior Month: +96%% Change Same Month Last Year: -15% NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors HIGH NET SALE PRICE: $7,500,000 % Change from Prior Month: -6%% Change Same Month Last Year: -14% NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors ALEX knows more about West Georgetown 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

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  • Best in Texas™: Discover Rising Trends in West Georgetown’s Housing Market for April 2024: A Comprehensive Analysis by ALEX.realestate,swpre-chime-me

    Best in Texas™: Discover Rising Trends in West Georgetown’s Housing Market for April 2024: A Comprehensive Analysis by ALEX.realestate

    ALEX Labs just completed analysis of West Georgetown single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the West Georgetown real estate market than almost anyone!  NOTE: West Georgetown is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market. SUMMARY TABLE: MONTHLY TREND: -4%Predicted Monthly Trend: -2.12% DECREASE from prior monthSales Net of Monthly Trend: A -1.88% NEGATIVE difference in actual vs predicted sales TOTAL SALES: 106 Down 4% from the previous month.Up 12% from the same month last year TOTAL NET SALES VOLUME: $61,004,000 Down 7% from the previous month.Up 8% from the same month last year. NET SALE PRICE PER SQUARE FOOT: $225 per square foot average:Up 1% from the previous month.Down 1% from the same month last year. $213 per square foot median:Down 1% from the previous month.Down 5% from the same month last year. NET SALE PRICE: $569,000 average:Down 4% from the previous month.Down 3% from the same month last year. $495,000 median:Down 4% from the previous month.Down 2% from the same month last year. LIST PRICE PER SQUARE FOOT: $233 per square foot average:Up 1% from the previous month.Down 3% from the same month last year. $223 per square foot median:Down 1% from the previous month.Down 7% from the same month last year. LIST PRICE: $588,000 average:Down 4% from the previous month.Down 4% from the same month last year. $517,000 median:Down 5% from the previous month.Down 2% from the same month last year. DISCOUNT FROM LIST PRICE: -5.1% average discount:Down 16% from the previous month.Down 55% from the same month last year. -2.9% median discount:Down 42% from the previous month.Down 65% from the same month last year. DAYS FROM LISTING TO ESCROW: 79 average days on market:Down 25% from the previous month.Down 22% from the same month last year. 40 median days on market:Down 48% from the previous month.Down 42% from the same month last year. HIGH NET SALE PRICE PER SQUARE FOOT: $412 Up 8% from the previous month.Up 4% from the same month last year. NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors HIGH NET SALE PRICE: $1,595,000 Up 10% from the previous month.Down 11% from the same month last year. NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors ALEX knows more about West Georgetown 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

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