Northwest Georgetown, excluding Sun City, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Northwest Georgetown single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. To more precisely analyze Northwest Georgetown, we deleted Sun City from this Analysis. We performed separate analysis of Sun City. In about 60 seconds, know more about the Northwest Georgetown real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Northwest Georgetown 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. (3) Georgetown real estate statistics and analysis published for 5 distinct geographic areas: Georgetown, East Georgetown, West Georgetown, Northwest Georgetown excluding Sun City, and Sun City. SEASONAL TREND 28 sales:Up 8% from the previous month.Down 28% from the same month last year.Seasonal Trend predicted a 3.47% reduction from September 2023.$19.3 million total net sales volume:Up 14% from the previous month.Down 20% from the same month last year. NET SALE PRICE $581,950 median:Up 6% from the previous month.Up 2% from the same month last year.$229 per square foot median:Up 9% from the previous month.Down 5% from the same month last year.$686,281 average:Up 5% from the previous month.Up 11% from the same month last year.$237 per square foot average:Up 3% from the previous month.Down 4% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 7.1% median discount:Down 32% from the previous month.Down 39% from the same month last year.9.4% average discount:Down 42% from the previous month.Down 46% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 84 median days:Down 14% from the previous month.Up 105% from the same month last year.1103 average days:Down 6% from the previous month.Up 70% from the same month last year. LUXURY INSIGHTS $1,730,000 high net sale:Up 12% from the previous month.Up 57% from the same month last year.$378 high net sale per SF:Down 8% from the previous month.Down 5% 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 This block contains unexpected or invalid content.Attempt Block Recovery ALEX knows more about Northwest Georgetown 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 This block contains unexpected or invalid content.Attempt Block Recovery PS – If you are an Agent or Broker in Northwest Georgetown 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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Northwest Georgetown One Minute Tour by ALEX.realestate

Northwest Georgetown (zip code 78633) is about 38 miles northwest of Downtown Austin. In about a minute know more about Northwest Georgetown 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 Northwest Georgetown real estate market data for July 2023. SUMMARY In July 2023, the Northwest Georgetown real estate market witnessed a decline in both the number of sales and total net sales compared to the previous month and the same month in the prior year. Properties were on the market longer. Additionally, the gap between listing and sale prices widened, suggesting increased buyer negotiation power. There was was a notable increase in the top net sale price and the median net sale price per SF maintained its June number. JULY 2023 INSIGHTS Seasonal Trends: Despite the summer months typically being active for real estate, the decline from June to July suggests a potential decrease in demand or other market factors at play.Luxury Insights: The highest net sale and listing prices showed growth from both the previous month and year, indicating that premium properties are still in demand and fetching higher prices.Positive Highlights: The median net sale price per SF maintained remained unchanged from June. The median discount from list price to net sale price only increased by 2%.Areas of Concern: Market decline contrary to seasonal trend expectations of increased sales in July compared to June. JULY 2023 SOLD STATISTICS  1. Market Overview Total Sales: 68 sales, marking a decline of 17% from June 2023 and a decrease of 8% from July 2022.Total Net Sales Volume: $37,653,370, showing a decrease of 16% month-over-month (MOM) and a decline of 14% year-over-year (YOY). 2. Days from Listing to Sale Median Cumulative Days on Market: 49.50 days, a 19% increase from the previous month and a substantial 421% increase compared to July 2022.Average Cumulative Days on Market: 69.91 days, decreasing by 16% from June 2023 but up by a significant 306% from July 2022. 3. Net Sale Price Median Net Sale Price: $430,793, reflecting a 13% drop from the previous month and a significant 15% decline YOY.Median Net Sale $ per Square Foot: $237, showing no change MOM and a decrease of 10% YOY.Average Net Sale Price: $550,199, which is a slight 1% increase MOM but down by 6% YOY.Average Net Sale $ per Square Foot: $241, a decrease of 1% MOM and 10% YOY. 4. High-End Market Highest Net Sale Price: $1,800,000, a significant increase of 41% from the prior month but up by 11% YOY.Highest Net Sale $ per Square Foot: $417, a slight decrease of 1% MOM but down by 3% YOY. 5. List Prices Median List Price: $450,000, decreasing by 14% MOM and 15% YOY.Median List Price per Square Foot: $241, a slight 1% decline MOM and 8% YOY.Average List Price: $568,117, a slight 1% increase from the prior month but down by 4% YOY.Average List Price per Square Foot: $249, marking a 1% decrease MOM and 7% decline YOY. 6. Discount from List Price to Net Sale Price Median % Discount from List Price: 5.2%, showing a slight increase of 2% compared to June 2023 and no change from July 2022.Average % Discount from List Price: 7.2%, which increased by 8% from the previous month and a significant 234% 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 in Northwest Georgetown 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 Northwest Georgetown TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Northwest Georgetown 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 Northwest Georgetown TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Northwest Georgetown TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Northwest Georgetown 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 Northwest Georgetown 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 Northwest Georgetown TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Northwest Georgetown TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Northwest Georgetown 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 Northwest Georgetown 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 Northwest Georgetown 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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Best in Texas™ in Austin: 2 Neighborhoods added to ALEX Labs’ 50+ Best in Texas in Northwest Georgetown for 2023. ALEX Georgetown

ALEX Labs just released its 2023 update to the Best in Texas Neighborhoods in Northwest Georgetown. Shady Tree Estates is a new neighborhood in The Woods one of Georgetown’s most exclusive areas. The Canyons at HCH Ranch is a new gated community. Northwest Georgetown is 36 miles north of Downtown Austin. SEARCH NORTHWEST GEORGETOWN REAL ESTATE INCLUDING SOLD DATABest Elementary Schools in Williamson CountyNew Listings TodayNew Listings this WeekOpen HousesSold PropertiesReducedNew Construction in Williamson County3-D & Virtual Tour HomesRentalsCommercialLots and Land55+ Communities in Williamson County ACCOLADES50+ Northwest Georgetown Neighborhoods and Northwest Georgetown are on the Best in Texas™.Information about ALEX Labs’ the Best in Texas™. Get the Best in Texas™ for free for all of Texas or any ALEX Region.Subscribe for free to the LinkedIn Best In Texas Real Estate newsletter.Niche gives Georgetown an “A-” Overall Grade.Niche ranks Georgetown as the “#5 Best Places to Live in Williamson County!” ALEX REPORT LINK FOR MORE INFORMATIONDiane Hart Alexander, MBA, MHA, Broker CEOAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate

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