Travis County One Minute Real Estate Tour by ALEX.realestate
ALEX Labs just completed analysis of Travis County single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the Travis County real estate market than almost anyone! ALEX is the only source of: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 836 sales is a 17% decrease from August 2023, and down 19% from September 2022. $624,579,205 total net sales. A 16% decrease from August 2023, and down 17% from September 2022.Seasonal Trend predicted a 10% reduction from August 2023. LUXURY INSIGHTS $10,050,000 high net sale price was up 44% from August 2023, and up 32% from September 2022. $10,499,000 high list price was up 35% from August 2023, and up 31% from September 2022.$1,418 high net sale price per SF was down 7% from August 2023, and up 12% from September 2022.$1,482 high list price per SF had no change from August 2023, and up 7% from September 2022. KEY STATISTICS Median Cumulative Days on Market: 38, a 15% increase from August 2023, and an 42% increase from September 2022.Median Net Sale Price: $540,489, down 2% from August 2023, and down 3% from September 2022.Median Net Sale $ per Square Foot: $272, indicates a 2% decrease from August 2023, and a 4% decrease year-over-year.Median Net Sale $ % Discount from List Price: 5.3%, marking a 3% decrease 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 Travis County 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 Travis County 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
Travis County One Minute Tour by ALEX.realestate
Travis County is the home of Austin. In about a minute know more about Travis County 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 Travis County real estate market data for July 2023. INSIGHTS & TRENDS Seasonal Trends: July tends to be a transition month in real estate, often bridging the hot spring market and the slightly slower-paced summer. A decline from June to July isn’t atypical, though the magnitude may vary.Significant Changes:The striking change has been the time properties spent on the market, witnessing a 200%+ increase compared to last year. This suggests that properties aren’t selling as quickly.Net Sale Price Discount from List Price: The notable increase in average discounts from listed prices also indicates a potential shift towards a buyer’s market or sellers becoming more negotiable.General Outlook: With declining prices both in terms of listing and sales, along with increased days on the market, sellers might need to be more strategic and flexible. For buyers, this could be a good time to negotiate and get a favorable deal. KEY FINDINGS Sales: Sales volume decreased by 14% to 1,016 and total net sales dollar volume was down by 15% to $760,926,462. The total net sales volume decreased by 10% since last July.Time from Listing to Escrow: On average, properties stayed on the market for 50.55 days, a drop of 3% from the previous month. The 26.5 median days on market increased by 26% from June.Net Sale Price: The average net sale price decreased slightly by 1% to $743,299, and per square foot, it went down 3% to $319. The $561,259 median net sale price decreased by 1% while the median net price per square foot remained stable at $277. Average net sale prices decreased by 10% and median sale prices fell 12% YOY. The price per square foot declined 13% for both average and median YOY.High Net Sale: At $5,725,000 it was a 22% increase from June and the $1,214 per SF was an 8% increase. The highest net sale price declined by 24% and 33% on a per-square-foot basis YOY. The highest list price of a home sold in July was $5,950,000 up 19%, and the $1,369 per square foot was up 4%.List Price: The average list price saw a minor decline of 1% to $773,747, and a 3% decline to to $331 per SF. The median listed price declined by 1% to $580,000, with no change in the per-square-foot price at $285. YOY the average and median listing prices fell by 7% and 11% respectively.Net Sale Price Discount from List Price: Properties sold on average at 7.2% below the listed price, a significant increase of 7% from June. The median discount was 4.1%, up by 15% from June. 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 Travis County 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 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Travis County 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 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Travis County 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 Travis County 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 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Travis County TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE PER SF & HIGH NET SALE PRICE PER SF – July 2023 Travis County 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 Travis County 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
Best in Texas™: Net Sale Price Data and Charts now available from ALEX.realestate
July 11, 2023, Georgetown, TX: “ALEX.realestate, ALEX Labs and ALEX Studios are excited to publish our first monthly set of statistical reports (Stat Packs) incorporating Net Sale Price statistics” announces Diane Hart Alexander, MBA, MHA, CEO Broker. George Alexander, MPA, Associate Broker adds: “Stat Packs is the only known source of Net Sale Price data. Stat Packs are based on data from the Austin Board or Realtors (ABOR) MLS. We wait 10 days after the end of each month to assure all sales in the prior month reported to ABOR are included.” Diane concludes: “If you would like a report for another geographic area please contact your favorite ALEX Partner or contact me.” GEOGRAPHIC AREAS Access Stat Packs by clicking on any geographic area below and ask for Google Drive access All of ABOR Counties BastropBlancoBurnetCaldwellHaysTravisWilliamson Cities AustinBastropBudaElginGeorgetownHuttoKyleLago VistaLakewayLeanderLiberty HillManorRound RockSan MarcosSpicewoodThe HillsWimberley Georgetown Zip Codes 78626 – East Georgetown78628 – West Georgetown78633 – Northwest Georgetown including Sun City FOR ADDITIONAL INFORMATION Please reach out to:Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate
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