Best in Texas™: City of Austin’s April 2024 Sales Surge and Prices Climb, Unveiling Robust Market Growth by ALEX.realestate

ALEX Labs just completed analysis of City of Austin single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Austin real estate market than almost anyone!  SUMMARY TABLE: MONTHLY TREND: +11%Predicted Monthly Trend: -2.12% DECREASE from prior monthSales Net of Monthly Trend: A +13.12% POSITIVE difference in actual vs predicted sales TOTAL SALES: 797 Up 11% from the previous month.Up 16% from the same month last year. TOTAL NET SALES VOLUME: $683,857,000 Up 18% from the previous month.Up 20% from the same month last year NET SALE PRICE PER SQUARE FOOT: $366 per square foot average:Up 3% from the previous month.Up 1% from the same month last year. $315 per square foot median:Up 3% from the previous month.Up 2% from the same month last year. NET SALE PRICE: $853,000 average:Up 5% from the previous month.Up 4% from the same month last year $628,000 median:Up 5% from the previous month.No change from the same month last year. LIST PRICE PER SQUARE FOOT: $377 per square foot average:Up 3% from the previous month.Up 1% from the same month last year. $320 per square foot median:Up 2% from the previous month.Up 1% from the same month last year. LIST PRICE: $881,000 average:Up 5% from the previous month.Up 4% from the same month last year. $648,000 median:Up 4% from the previous month.Up 2% from the same month last year. DISCOUNT FROM LIST PRICE: -5.3% average discount:Up 19% from the previous month.Down 11% from the same month last year. -2.8% median discount:Down 25% from the previous month.Down 18% from the same month last year. DAYS FROM LISTING TO ESCROW: 60 average days on market:Down 16% from the previous month.Up 10% from the same month last year. 19 median days on market:Down 44% from the previous month.No change from the same month last year. HIGH NET SALE PRICE PER SQUARE FOOT: $1,121 Down 28% from the previous month.Down 12% 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: $8,000,000 Up 10% from the previous month.Up 16% 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 Austin 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™: Congrats to Diane Alexander in top 2% Zillow Agents GLOBALLY by ALEX.realestate

ALEX is proud to announce that Diane Hart Alexander, MBA, MHA, CEO Broker of ALEX.realestate has just been named again to “the TOP 2% GLOBALLY of Zillow Premier Agents” for the third consecutive month. View Diane’s Zillow Profile. See zillow.com/profile/Alex-CEO/ 365 ZILLOW PREMIER AGENTS IN GREATER AUSTIN There are 365 Zillow Premier Agents in Greater Austin as of May 5, 2024. We don’t know who else is in the top 2%? WHY IS IT IMPORTANT TO YOU? Why is it important to you as a buyer, seller, agent, broker, team member or team leader? Zillow is the only real estate rating system based on 15 quantitative metrics. Yelp, Google and other ratings are easy to manipulate and are primarily subjective. If you want to work with the very best, work with a Top of Zillow Agent. If you want to work with the absolute best, work with a Top 2%’er. What’s next. We don’t know what it takes to get to #1, but we are working on it! Diane knows more about Greater Austin real estate than just about anybody. If you have any questions, I am always here. Just call, text or email me. George Alexander, MPA, Associate BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.918.9951e george@alex.realestate

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Austin MLS, Mar 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of all Austin MLS single family sales reported to the Austin Board of Realtors for March 2024. In about 60 seconds know more about the Austin MLS real estate market than almost anyone!  In the Austin MLS for March 2024, there was a significant number of sales with an uptick from the previous month but a slight decline year over year. The sales were below the predicted trend increase. The median sales price per square foot was stable month-over-month, while the median discount deepened, and homes sold faster than in the previous month. THE ONLY SOURCE ALEX is the only source of: (1) Austin MLS 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 monthly sales. (3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area. MARKET & TREND 2,617 total sales: Up 25% from the previous month. Down 2% from the same month last year. Predicted a 32.4% INCREASE from the previous month. Sales Net of Monthly Trend: A 7.4% NEGATIVE difference in actual vs predicted sales. $1,500,716,644 total net sales volume: Up 30% from the previous month. Up 1% from the same month last year. NET SALE PRICE: $567,722 average: Up 4% from the previous month. Up 3% from the same month last year. $253 per square foot average: Up 2% from the previous month. No change from the same month last year. $434,490 median: No change from the previous month. No change from the same month last year. $216 per square foot median: No change from the previous month. Down 1% from the same month last year. LIST PRICE: $589,961 average: Up 4% from the previous month. Up 2% from the same month last year. $262 per square foot average: Up 2% from the previous month. No change from the same month last year. $450,000 median: No change from the previous month. Down 2% from the same month last year. $224 per square foot median: No change from the previous month. Down 2% from the same month last year. DISCOUNT FROM LIST PRICE: 6.7% average discount: Down 15% from the previous month. Down 35% from the same month last year. 3.7% median discount: Down 26% from the previous month. Down 40% from the same month last year. DAYS FROM LISTING TO ESCROW: 81 average days on market: Down 13% from the previous month. Up 2% from the same month last year. 46 median days on market: Down 30% from the previous month. Down 18% from the same month last year. LUXURY INSIGHTS: $8,000,000 high net sale: Up 6% from the previous month. Down 14% from the same month last year. $2,802 per square foot high net sale: Up 179% from the previous month. Down 10% from the same month last year. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes over 45 Stat Packs in the Greater Austin area including the entire Austin MLS. 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 the greater Austin MLS area than just about anybody. Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate Are you an Agent or Broker in Greater Austin?  This is NOT a large number of agents game for us. For example, in the Greater Austin Area we will accept up to 65 agents and/or brokers. Do you want to work with a Broker in the top 2% of Zillow globally who is willing to help you with farming area targeting, lead generation, lead nurturing and lead conversion? Would you like to be armed with the best and most powerful tools including Stat Packs and 1 Minute Tours?   Want to know more about ALEX or ALEX Partner positions? If you have any questions, I am always here. Just call, text or email 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 We do not audit ABOR data. We assume the unusual numbers (spikes) in several months are probably due to Listing Agents misclassifying properties as “Single Family Residential” HIGH LIST PRICE & HIGH NET SALE PRICE* PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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