Pflugerville One Minute Tour by ALEX.realestate

Pflugerville is about 18 miles north of Downtown Austin.In about a minute know more about Pflugerville 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 Pflugerville real estate market data for July 2023.PFLUGERVILLE JULY 2023 SUMMARY While there’s been a moderate increase in the median sale price from June 2023, properties in July 2023 are selling at a notably higher discount from their listing prices. Compared to July 2022, the increase in the discount from the listing price is evident, suggesting either sellers are starting with higher initial prices or buyers are negotiating harder. Luxury properties, in particular, seem to be offering significant discounts, which could be an opportunity for buyers or a sign of a softening at the top end of the market. PFLUGERVILLE JULY 2023 INSIGHTS Transition to a Buyer’s Market? The increasing discount from the listing price, especially when compared year-over-year, suggests sellers are becoming more flexible in their pricing. This flexibility is often an indication of a shift towards a buyer’s market, where buyers have more negotiation power and can push for lower prices. 2. Stabilization in Price Per Square Foot: The median net sale price per square foot saw a modest increase month-over-month, but when compared to the highest values, there was a notable decrease. This trend suggests a stabilization or even a potential saturation point in price per square foot, especially in the luxury market segment. 3. Luxury Market Dynamics: The highest median net sale price remained almost unchanged from June to July 2023. Still, the price per square foot for this segment saw a substantial decrease. This discrepancy could mean that buyers are now getting more space (bigger properties) for their money in the luxury segment. The increased discounts for luxury properties further suggest that this market segment is currently facing challenges, possibly due to oversupply or reduced demand. 4. Pricing Strategy Adjustments: The increased percentage discount from listing prices, both month-over-month and year-over-year, could suggest that realtors or sellers are initially listing properties at higher prices. This strategy could be to anticipate negotiations or to test the market’s upper limits. It’s also possible that some sellers might be under pressure to sell, hence the willingness to accept larger discounts. 5. Days From Listing to Escrow: Properties are staying on the market for approximately 49.61 days, which is about 1.5 months. If this number is increasing over time, it would further support the idea of a shifting market favoring buyers. Conversely, if it’s decreasing, it might suggest that while buyers are negotiating for better prices, properties are still selling relatively quickly. 6. Importance of Property Size: The variance in sale price per square foot suggests that property size plays a significant role in sale dynamics. Buyers might be valuing larger properties differently, leading to a wider range of prices per square foot. 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 Pflugerville 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 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Pflugerville 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 – June 2023 July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Pflugerville 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 Pflugerville 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 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Pflugerville 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 Pflugerville 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 Pflugerville 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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Deep Dive – Pflugerville – July 2023 – Real estate market

In just a few minutes you will know more about Pflugerville real estate than almost anyone! ALEX Labs and ALEX Studios  provide ALEX Partners (Agents and Brokers) and their clients with resources like this to have deep intelligence and have genius real estate knowledge.PFLUGERVILLE JULY 2023 SUMMARY While there’s been a moderate increase in the median sale price from June 2023, properties in July 2023 are selling at a notably higher discount from their listing prices. Compared to July 2022, the increase in the discount from the listing price is evident, suggesting either sellers are starting with higher initial prices or buyers are negotiating harder. Luxury properties, in particular, seem to be offering significant discounts, which could be an opportunity for buyers or a sign of a softening at the top end of the market. PFLUGERVILLE JULY 2023 INSIGHTS Transition to a Buyer’s Market? The increasing discount from the listing price, especially when compared year-over-year, suggests sellers are becoming more flexible in their pricing. This flexibility is often an indication of a shift towards a buyer’s market, where buyers have more negotiation power and can push for lower prices. 2. Stabilization in Price Per Square Foot: The average median net sale price per square foot saw a modest increase month-over-month, but when compared to the highest values, there was a notable decrease. This trend suggests a stabilization or even a potential saturation point in price per square foot, especially in the luxury market segment. 3. Luxury Market Dynamics: The highest median net sale price remained almost unchanged from June to July 2023. Still, the price per square foot for this segment saw a substantial decrease. This discrepancy could mean that buyers are now getting more space (bigger properties) for their money in the luxury segment. The increased discounts for luxury properties further suggest that this market segment is currently facing challenges, possibly due to oversupply or reduced demand. 4. Pricing Strategy Adjustments: The increased percentage discount from listing prices, both month-over-month and year-over-year, could suggest that realtors or sellers are initially listing properties at higher prices. This strategy could be to anticipate negotiations or to test the market’s upper limits. It’s also possible that some sellers might be under pressure to sell, hence the willingness to accept larger discounts. 5. Cumulative Days on Market: Properties are staying on the market for approximately 49.61 days, which is about 1.5 months. If this number is increasing over time, it would further support the idea of a shifting market favoring buyers. Conversely, if it’s decreasing, it might suggest that while buyers are negotiating for better prices, properties are still selling relatively quickly. 6. Importance of Property Size: The variance in sale price per square foot suggests that property size plays a significant role in sale dynamics. Buyers might be valuing larger properties differently, leading to a wider range of prices per square foot. PFLUGERVILLE JULY 2023 SOLD STATISTICS Number of Sales: 123DOWN 18% from June 2023DOWN 5% from July 2022Comment: Both expected based on seasonal trend Total Net Sales* Volume: $57,085,015 DOWN 18% from June 2023DOWN 15% from July 2022Comment: Both expected based on seasonal trend Median Cumulative Days on Market: 26DOWN 9% from June 2023Comment: Not expected UP 160% from July 2022Comment: Expected based on economy Median Discount Net Sale Price* from List Price: 3.7%UP 15% from June 2023DOWN 258% from July 2023Comment: Both expected based on economy Median Net Sale Price* Per SF: $213NO CHANGE from June 2023DOWN 13% from July 2022Comment: Both expected based on economy Median Net Sale Price*: $437,556UP 2% from June 2023Comment: Expected based on inflationDOWN 10% from July 2022Comment: Expected based on economy High List Price per SF: $396UP 24% from June 2023Comment: UnexpectedUP 10% from July 2022Comment: Expected based on inflation High List Price: $799,999DOWN 19% from June 2023Comment: Unexpected but realistic with small sample sizeDOWN 11% from July 2022Comment: Expected based on economy High Net Sale Price* per SF: $290DOWN 5% from June 2023DOWN 25% from July 2022Comment: Both expected based on economy High Net Sale Price*: $800,000DOWN 20% from June 2023Comment: Expected based on economyDOWN 25% from July 2022Comment: Expected based on economy * Net Sale Price = Sale PriceLESS Seller Paid Repairs to Meet Buyer DemandsLESS Seller Paid Buyer Closing Costs like interest rate buydowns Just want the highlights? Here is the One Minute Tour 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 and want to be a Pflugerville real estate genius, contact me! Best. Diane Why Join ALEX? https://www.alex.realestate/careers-why-alex PFLUGERVILLE SUMMARY TABLE SUMMARY TABLE – July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate CUMULATIVE DAYS ON MARKET CUMULATIVE DAYS ON MARKET – July 2023 Pflugerville 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 – June 2023 July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Pflugerville 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 Pflugerville 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 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Pflugerville 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 Pflugerville 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 Pflugerville TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate STATISTICS LINKS Pflugerville Current Statistics One Minute TourDeep DiveStat Packs Stat Packs are reported monthly for many Austin Area Markets PflugervilleContact me for any other Stat Pack PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Best in Texas in Greater Austin – Half of Top 12 Best Small Texas City to Start a Business are in Greater Austin

Blog Post Link: https://blog.chime.me/www-alex-realestate/2022/05/14/greater-austin-half-of-top-12-best-small-texas-city-to-start-a-business-are-in-greater-austin/ “…Personal finance website WalletHub ranks Georgetown as the best small city in Texas for starting a business. …” Georgetown ranked #1 in Texas but 5 other Austin Area small Texas Cities also made the list (in rank order): Pflugerville, San Marcos, Leander, Kyle and Cedar Park. The Austin Area top 12 small Texas Cities on the list are equally split between the ALEX Austin Region and the ALEX Georgetown Region. Methodology: “…WalletHub classifies a small city as one with a population of 25,000 to 100,000… (It) compared the business-friendly nature of more than 1,300 small cities across the country. Among the factors it examined were average growth in number of businesses, labor costs, and investor access…” LIST OF BEST SMALL TEXAS CITIES TO START A BUSINESS https://blog.chime.me/www-alex-realestate/2022/05/08/best-in-texas-best-small-texas-cities-to-start-a-business/ AUSTIN AREA BEST SMALL TEXAS CITIES TO START A BUSINESS RankCityALEX REGION1GeorgetownGeorgetown3PflugervilleAustin4San MarcosAustin7LeanderGeorgetown8KyleAustin11Cedar ParkGeorgetown https://blog.chime.me/www-alex-realestate/2022/05/08/best-in-texas-best-small-texas-cities-to-start-a-business/ SIGN UP TO GET THE BEST IN TEXAS https://www.cognitoforms.com/ALEX57/bestintexasrealestatealist Get all of Texas or specific areas! More information about the Best in Texas: https://www.alex.realestate/best-in-texas EXPLORE REAL ESTATE IN THE AUSTIN AREA BEST SMALL TEXAS CITIES TO START A BUSINESS Cedar Park Georgetown Kyle Leander Pflugerville San Marcos With ALEX you can view and research real estate based on Best Elementary Schools, New Construction, New Listings Today, New This Week, Open Houses, Sold Properties, 3-D and Virtual Tours, Rentals, Commercial, Lots and Land, 55+ Communities or by ALEX Region FOR MORE INFORMATION Diane Hart Alexander, MBA, MHA, BrokerChair & CEO, Alexander Tiffany Southwest dba Alex.realestateChairman, Alex Cares voice  +1 713.591.9902text         713.429.5577office  +1 512.577.0079email   diane@alex.realestateweb     https://dianealexander.alex.realestate/

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