Lockhart, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Lockhart single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. In about 60 seconds, know more about the Lockhart real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Lockhart Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)(2) Austin Board of Realtors Specific Seasonal Trend Model (Seasonal Trend) applied to Lockhart monthly sales. SEASONAL TREND 30 sales:Up 15% from the previous month.Up 88% from the same month last year.Seasonal Trend predicted a 3.47% reduction from September 2023.$10.4 million total net sales volume:Up 22% from the previous month.Up 106% from the same month last year. NET SALE PRICE $308,200 median:Up 10% from the previous month.Down 4% from the same month last year.$178 per square foot median:Down 4% from the previous month.Down 8% from the same month last year.$340,459 average:Up 6% from the previous month.Up 9% from the same month last year.$183 per square foot average:Down 7% from the previous month.Down 15% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 1.0% median discount:Down 47% from the previous month.Down 38% from the same month last year.2.5% average discount:Down 71% from the previous month.Up 17% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 40 median days:Up 70% from the previous month.Up 700% from the same month last year.55 average days:Up 19% from the previous month.Up 296% from the same month last year. LUXURY INSIGHTS $750,000 high net sale:Down 17% from the previous month.Up 34% from the same month last year.$294 high net sale per SF:Down 17% from the previous month.Down 14% from the same month last year. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes 40 Stat Packs in the Greater Austin area. 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 Lockhart 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 713.591.9902o 713.918.9951e diane@alex.realestate PS – If you are an Agent or Broker in Lockhart and want to be one of the few armed with the best research including Lockhart net sales statistics and trend, analysis, marketing and White Glove Service for your clients and for you 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 HIGH LIST PRICE & HIGH NET SALE PRICE* PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Lockhart One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of Lockhart single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the Lockhart real estate market than almost anyone!  ALEX is the only source of: (1) Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)(2) Austin Board of Realtors Specific Seasonal Trend Model (Seasonal Trend) applied to monthly sales. SEASONAL TREND 26 sales is a 4% increase from August 2023, and up 24% from September 2022. $8,537,490 total net sales. An 11% increase from August 2023, and up 23% from September 2022.Seasonal Trend predicted a 10% reduction from August 2023.  LUXURY INSIGHTS $905,000 high net sale price was up 28% from August 2023, and up 94% from September 2022. $915,000 high list price was up 18% from August 2023, and up 93% from September 2022.$355 high net sale price per SF was up 51% from August 2023, and up 48% from September 2022.$380 high list price per SF was up 47% from August 2023, and up 51%  from September 2022. KEY STATISTICS Median Cumulative Days on Market: 24, a 29% decrease from August 2023, and a 236% increase from September 2022.Median Net Sale Price: $280,591, down 2% from August 2023, and down 17% from September 2022.Median Net Sale $ per Square Foot: $186, up 6% from August 2023, and a 7% decrease year-over-year.Median Net Sale $ % Discount from List Price: 2%, marking a 3% increase from August 2023, and no change year-over-year. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes 40 Stat Packs in the Greater Austin area. 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 Lockhart 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 713.591.9902o 713.918.9951e diane@alex.realestate PS – If you are an Agent or Broker in Lockhart 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 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 HIGH LIST PRICE & HIGH NET SALE PRICE* PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Lockhart One Minute Tour by ALEX.realestate

Lockhart is about 33 miles southeast of Downtown Austin. In about a minute know more about Lockhart 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 LESS Repairs LESS Seller Contributions to Closing Costs.) Let’s dive into the Lockhart real estate market data for July 2023. SUMMARY In July 2023, the Lockhart real estate landscape showcased a mix of trends. There was an uptick in the number of sales and total net sales value from the prior month. However, on an annual scale, these figures show a decrease compared to July 2022. The noticeable lengthening in the time properties spent on the market, combined with significant shifts in high-end property sales, points to a market in flux. Additionally, a rise in the gap between listing and sale prices indicates increased buyer negotiation power. JULY 2023 INSIGHTS Seasonal Trends: Historically, summer is a bustling period for real estate. But the subtle increase in sales from June to July contrasts with a year-on-year decrease, hinting at a less predictable market behavior this year.Significant Changes: Properties lingered longer on the market, suggesting either a cautious buyer’s market or overpriced listings. The increase in the gap between list and sale prices reinforces this analysis.Positive Highlights: Despite facing challenges, the market shows some resilience with minor monthly growth in both average and median sale prices, potentially indicating stabilization.Areas of Concern: The high-end market seems to be facing headwinds, with notable declines in the highest sale prices and square footage rates. These stats suggest challenges in this segment. JULY 2023 SOLD STATISTICS  1. Market Overview Total Sales: 26 sales, marking an increase of 4% from June 2023 but a decline of 13% from July 2022.Total Net Sales Volume: $8,070,385, witnessing an increase of 8% month-over-month (MOM) but a reduction of 7% year-over-year (YOY). 2. Days from Listing to Sale Median Cumulative Days on Market: 28.50 days, showing a sharp rise of 217% from June 2023 and a dramatic 375% hike from July 2022.Average Cumulative Days on Market: 40.58 days, an increase of 30% from the prior month and up by an astounding 265% compared to July 2022. 3. Net Sale Price Median Net Sale Price: $289,143, reflecting a 7% growth from the prior month but a decrease of 17% YOY.Median Net Sale $ per Square Foot: $185, down by 2% MOM and a 5% dip from July 2022.Average Net Sale Price: $305,969, a 4% growth MOM, but a reduction of 18% YOY.Average Net Sale $ per Square Foot: $186, showing a 3% drop MOM and a decline of 11% year-over-year. 4. High-End Market Highest Net Sale Price: $593,000, marking a decrease of 9% from June 2023 and a decline of 23% YOY.Highest Net Sale $ per Square Foot: $242, with a considerable decrease of 24% MOM and a significant dip of 33% YOY. 5. List Prices Median List Price: $297,490, indicating a 4% rise MOM, but a 14% decrease YOY.Median List Price per Square Foot: $190, a minor 2% growth MOM, but a 4% decrease YOY.Average List Price: $313,884, marking a 2% growth from the prior month and a 18% reduction YOY.Average List Price per Square Foot: $191, witnessing a 4% drop MOM and a 9% decline compared to July 2022. 6. Discount from List Price to Net Sale Price Median % Discount from List Price: 3.1%, showing a rise of 27% compared to June 2023.Average % Discount from List Price: 3.8%, marking a 15% increase from June 2023. 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 in Lockhart 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 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Lockhart 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 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Lockhart 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 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER HOME NET SALE PRICE PER HOME – July 2023 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Lockhart TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Lockhart 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 Lockhart 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 Lockhart 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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