Buda One Minute Tour by ALEX.realestate

Buda is about 15 miles south of Downtown Austin. In about a minute know more about Buda real estate than almost anyone! ALEX provides agents, brokers and their clients with deep intelligence and genius real estate knowledge. ALEX is the only source of Net Sale Price Statistics (Net Sale Price = Sale Price – Repairs – Seller Contributions to Closing Costs.) Let’s dive into the Buda real estate market data for July 2023.JULY 2023 INSIGHTS Market Overview: While the general Buda real estate market shows some signs of slowing, there are distinct segments, such as the high-end market, showing resilience or even growth.Slower Summer Sales: Typically, the summer months, especially June and July, see increased real estate activity in many markets. However, in Buda, we observe a significant decline in the number of sales and total net sales value in July 2023 compared to June. This might indicate that while summer started strong in June, there was a slowdown as the season progressed.Increased Days on Market: The increased cumulative days on the market, both on average and median values, suggest that homes are taking longer to sell during this season.High-End Market Boom: The high net sale price and high list price both increased considerably compared to the previous month and year. This suggests that high net worth families are finding Buda and there are new developments driving up prices.Stabilizing List Prices: While the sales prices have seen some decline, the average and median list prices per square foot have remained relatively stable or shown slight increases from June 2023. JULY 2023 SOLD STATISTICS  Market Trends: Number of Sales: Sales in July decreased to 59, which is a 24% reduction from June 2023 (MOM) and a 14% year-over-year (YOY) decrease from July 2022.Total Net Sales Volume: The total net sales volume was $28,956,176, dropping by 26% MOM and by 24% YOY.Days from Listing to Escrow: Homes spent an average of 57 days on the market, which is a slight decrease of 1% from June 2023. The 35 median days on the market was a 46% MOM increase. Net Sale Price Discount from List Price: The average discount was 2.6%. The 2.9% median discount from the list price was a slight 1% increase from the previous month but no change from July 2022.Net Sale Price: The average selling price was $467,907. The $380,836 median net sale price decreased by 7% from the previous month and by 23% from July 2022. The median price per square foot was $204, which is a 1% decrease from June 2023 and a 14% decrease from July 2022.High Net Sale Price: The highest price for a home sold in July was $1,985,663 and up 24% MOM up 43% YOY.List Price: The $214 median list price per square foot was virtually unchanged MOM from June 2023 but down by 7% from July 2022.High List Price: The highest list price for a home sold in July was $2,042,000, which is an increase of 3% from the previous month and a substantial 51% increase from July 2022. ALEX REAL ESTATE STAT PACKS About Stat PacksDownload this or any July 2023 Stat Pack ALEX currently publishes 36 Stat Packs in the Greater Austin area. If you are interested in area we are not currently publishing or have any question, contact me. I’m always available! Diane I’M ALWAYS HERE 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.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate PS – If you are an Agent or Broker living in, working in, interested in or relocating to Buda and want to be one of the few armed with the best research, analysis, marketing and White Glove Service for your clients and for you contact me! Diane SUMMARY TABLE SUMMARY TABLE – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE NET SALE PRICE PERCENT DISCOUNT FROM LIST PRICE – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER SF NET SALE PRICE PER SF – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER HOME NET SALE PRICE PER SF – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE PER SF & HIGH NET SALE PRICE PER SF – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Want a Deep Dive into the June 2023 Buda real estate market, the “new South Austin?”

I’M ALWAYS HERE If you have any questions, I am always here. Just call, text or email meDiane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate BUDA SUMMARY Number of Sales: The number of sales slightly decreased by 1% from May 2022, and it was 10% less compared to June 2021. This suggests a slowdown in the number of transactions in the real estate marketTotal Net Sales: There’s a 6% increase in total net sales from the prior month (May 2022), but this is still down by 15% compared to the same month last year (June 2021). Despite the number of sales dropping, the total value of properties sold has increased from the previous monthAverage & Median Cumulative Days on Market: Properties are selling faster compared to both May 2022 and June 2021. The average days a property stays on the market decreased by 19% from the previous month and rose significantly (340%) from last year. The median days decreased even more significantly from the prior month (down by 38%) and doubled from the previous yearAverage and Median Net Sale Price: Average net sale price increased by 7% from May 2022 but decreased by 6% compared to June 2021. The median net sale price saw a decrease from both periods, down 5% from May 2022 and 14% from June 2021Net Sale Price per Square Foot: Average and median sale prices per square foot increased from May 2022 but decreased from June 2021. The highest sale price per square foot, however, saw significant increases from both periods, indicating that some properties are seeing substantial price increasesList Price: The average list price and price per square foot have increased from May 2022 and remained stable compared to June 2021. The median list price and price per square foot, however, have decreased from both periods% Net Sale Price Below List Price: On average, properties are selling for 6.7% less than their listed price, which is a 12% decrease from May 2022 and a significant 547% decrease from June 2021. The median property is selling for 2.8% less than the listed price, a 22% decrease from May 2022 and a huge decrease from June 2021 BUDA SUMMARY TABLE SUMMARY TABLE – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate WHAT IS NET SALES PRICE AND WHY SHOULD YOU CARE? What it is: “Net Sale Price” is the Closing Price LESS Buyer closing costs paid by the Seller; and LESS Property repairs requested by Buyer and paid by Seller Why YOU Should Care: Many sellers and builders are offering loan buy downs and cash incentives. You need to know the actual sale price. So what is the real sale price? The answer is the Net Sale Price CUMULATIVE DAYS ON MARKET CUMULATIVE DAYS ON MARKET – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate PERCENT DISCOUNT FROM LIST PRICE PERCENT DISCOUNT FROM LIST PRICE – June 2023 June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES VOLUME TOTAL NET SALES VOLUME – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE PER SF NET SALE PRICE PER SF – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE PER HOME NET SALE PRICE PER HOME – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH SALE PRICE PER SF HIGH LIST PRICE PER SF & HIGH SALE PRICE PER SF – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH SALE PRICE HIGH LIST PRICE & HIGH SALE PRICE PER HOME – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LINKS This PostThe 30 Second Snap ShotAny Real Estate Stat Pack™BUDA Real Estate Stat Packs™BUDA Real Estate for Sale and Sold Properties

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Want a 30 second snapshot about Buda real estate, the “new South Austin” in June 2023?

BUDA 30 SECOND SNAPSHOT #1 Properties are selling faster#2 Number of sales has decreased#3 Despite an increase in Total Net* Sales from the previous month, it is still down from the previous year #4 Properties Net Sale* Prices are less than their listed price BUDA SUMMARY TABLE SUMMARY TABLE – June 2023 Buda TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate I’M ALWAYS HERE If you have any questions, I am always here. Just call, text or email meDiane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate WANT REAL ESTATE STAT PACKS? Access ALEX Google Drive Folders for Real Estate Stat PacksFor BudaAny Austin Area WANT A DEEP DIVE INTO THE JUNE 2023 BUDA REAL ESTATE STAT PACK?Click here to view all charts LINKS This PostThe Deep DiveAny Real Estate Stat Pack™BUDA Real Estate Stat Packs™BUDA Real Estate for Sale and Sold Properties

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