Best in Texas™: Is Austin Buying Tokyo Electron Campus by ALEX Real Estate

ALEX Studios just analyzed and summarized CRE‘s report: “Austin May Buy Vacant Tech Campus.” The proposed acquisition presents an opportunity for the City of Austin to strategically expand its infrastructure and fulfill future needs. OverviewThe City of Austin contemplates a $90 million acquisition of the Tokyo Electron campus spanning 107 acres.Campus DetailsExisting Facilities: Two buildings, totaling 189,795 square feet, slated for repurposing.Development Potential: 46.8 acres with built infrastructure and 60.3 acres of undeveloped land.Strategic Location: Adjacent to Oracle Corp. headquarters and University of Texas’ former semiconductor factory.Utilization PlanSecond Combined Technology and Emergency Communications Center.Office space for future city requirements.EstimationInitial $90 million valuation subject to appraisal completion.AppraisalPending completion to ascertain the fair market value of the property. Reason for MoveStrategic relocation to RiverSouth for a modern working environment and 30-year strategic positioning.Local ImpactTokyo Electron’s presence in Austin for three decades with approximately 450 employees. ALEX knows more about  Greater Austin area 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 Are you an Agent or Broker in Greater Austin?  This is NOT a large number of agents game for us. For example, in Buda we will accept up to 85 agents and/or brokers. Do you want to work with a Broker in the top 2% of Zillow globally.  If you are an agent or broker, do you want to work with a Broker 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? Contact me! Diane

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East Round Rock, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of East Round Rock single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the East Round Rock real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) East Round Rock 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 East Round Rock monthly sales. (3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area. (4) Comparing % change in number of sales month over month to  Monthly Trend. Georgetown comparative analysis. MARKET & TREND 25 total sales:Up 14% from the previous month. Down 29% from the same month last year. Monthly Trend: Predicted a 23.2% INCREASE from the previous month. Sales Net of Monthly Trend: 9.2% NEGATIVE difference in actual vs predicted sales. $11,012,000 total net sales volume:Up 46% from the previous month. Down 21% from the same month last year. NET SALE PRICE $433,962 average:Up 28% from the previous month. Up 10% from the same month last year. $207 per square foot average:Up 2% from the previous month. Down 3% from the same month last year. $387,797 median:Up 18% from the previous month. Up 8% from the same month last year. $209 per square foot median:Up 2% from the previous month. No change from the same month last year. LIST PRICE $448,288 average:Up 28% from the previous month. Up 11% from the same month last year. $213 per square foot average:Up 1% from the previous month. Down 2% from the same month last year. $399,000 median:Up 16% from the previous month. Up 5% from the same month last year. $219 per square foot median:Down 1% from the previous month. Up 4% from the same month last year. NET SALE $ % DISCOUNT FROM LIST $ 4.9% average discount:Down 43% from the previous month. Down 57% from the same month last year. 3.2% median discount:Down 64% from the previous month. Down 63% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 73 average days:Up 1% from the previous month. No change from the same month last year. 35 median days:Down 41% from the previous month. Down 36% from the same month last year. LUXURY INSIGHTS $1,223,000 high net sale:Up 155% from the previous month. Up 40% from the same month last year. $268 per square foot high net sale:Up 9% from the previous month. Down 20% 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 East Round Rock. 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 East Round Rock area 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 Are you an Agent or Broker in East Round Rock?  This is NOT a large number of agents game for us. For example, in East Round Rock we will accept up to 2 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? 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 Note: We do not audit ABOR data. We assume these unusual numbers (spikes) are probably due to Listing Agents misclassifying properties as “Single Family Residential” HIGH LIST PRICE & HIGH NET SALE PRICE* Note: We do not audit ABOR data. We assume these unusual numbers (spikes) are probably due to Listing Agents misclassifying properties as “Single Family Residential” PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Leander, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Leander single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the Leander real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Leander 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 Leander monthly sales. (3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area. (4) Comparing % change in number of sales month over month to  Monthly Trend. Georgetown comparative analysis. MARKET & TREND 93 total sales:Down 4% from the previous month. Down 28% from the same month last year. Monthly Trend: Predicted a 23.2% INCREASE from the previous month. Sales Net of Monthly Trend: 19.2% NEGATIVE difference in actual vs predicted sales. $50,163,215 total net sales volume:Down 15% from the previous month. Down 27% from the same month last year. NET SALE PRICE $531,816 average:Down 10% from the previous month. Up 2% from the same month last year. $210 per square foot average:Down 5% from the previous month. Down 1% from the same month last year. $474,000 median:Down 12% from the previous month. Up 3% from the same month last year. $201 per square foot median:Down 7% from the previous month. Down 3% from the same month last year. LIST PRICE $556,254 average:Down 11% from the previous month. Up 1% from the same month last year. $220 per square foot average:Down 5% from the previous month. Down 1% from the same month last year. $489,990 median:Down 16% from the previous month. Down 1% from the same month last year. $209 per square foot median:Down 8% from the previous month. Down 4% from the same month last year. NET SALE $ % DISCOUNT FROM LIST $ 5.7% average discount:Down 33% from the previous month. Down 47% from the same month last year. 5.5% median discount:Down 27% from the previous month. Down 33% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 68 average days:Down 4% from the previous month. Down 9% from the same month last year. 40 median days:Down 30% from the previous month. Down 17% from the same month last year. LUXURY INSIGHTS $1,260,997 high net sale:Down 35% from the previous month. Up 5% from the same month last year. $501 per square foot high net sale:Up 3% from the previous month. Up 26% 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 Leander. 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 Leander area 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 Are you an Agent or Broker in Leander?  This is NOT a large number of agents game for us. For example, in Leander we will accept up to 2 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? 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 Note: We do not audit ABOR data. We assume these unusual numbers (spikes) in May and Oct 2022 are probably due to Listing Agents misclassifying properties as “Single Family Residential” HIGH LIST PRICE & HIGH NET SALE PRICE* Note: We do not audit ABOR data. We assume these unusual numbers (spikes) in May 2022 and Jan 2023 are probably due to Listing Agents misclassifying properties as “Single Family Residential” PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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