San Marcos One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of San Marcos single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the San Marcos 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 61 sales is an 18% decrease from August 2023, and down 44% from September 2022. $23,938,478 total net sales. A 21% decrease from August 2023, and down 45% from September 2022.Seasonal Trend predicted a 10% reduction from August 2023.  LUXURY INSIGHTS $955,000 high net sale price was up 2% from August 2023, and up 26% from September 2022. $1,088,500 high list price was up 16% from August 2023, and up 45% from September 2022.$361 high net sale price per SF was down 6% from August 2023, and down 37% from September 2022.$361 high list price per SF was down 11% from August 2023, and down 37% from September 2022. KEY STATISTICS Median Cumulative Days on Market: 46, up 53% from August 2023, and a 318% increase from September 2022.Median Net Sale Price: $347,000, up 1% from August 2023, and down 1% from September 2022.Median Net Sale $ per Square Foot: $183, down 4% from August 2023, and a 15% decrease year-over-year.Median Net Sale $ % Discount from List Price: 5.5%, marking a 237% increase from August 2023. 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 San Marcos 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 San Marcos 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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Best in Texas™: Fastest Growing College Towns

ALEX Studios just released this report based on a study by BrokeScholar. “Americans of all ages are flocking to smaller cities where they can work remotely and afford better lives…(and) they’re increasingly eyeing college towns. Which are the biggest destinations?” In Texas, when you talk about “fastest growing” anything, most people naturally think “Austin.” But when it comes to the fastest growing Texas college towns, number 1 is San Marcos home of Texas State University. Number 2 is Denton, 3 is College Station, 4 is Austin, 5 is Lubbock and 6 is Richardson! And all 6 are in the Top 50 fastest growing US college towns. ALEX. Deep Intelligence. Genius Real Estate. alex.realestate ALEX knows more about each of these College Towns than just about anybody. Driven by Deep Intelligence™, ALEX provides our clients and ALEX Partners with Genius Real Estate™! 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 BE ONE OF THE FEW NOT ONE OF THE MANY Be One of the Few Not One of the Many with ALEX.realestate PS – If you are a Texas Agent or Broker, and want to be one of the few armed with the best research, analysis, marketing and White Glove Service for you and your clients contact me! Diane

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San Marcos One Minute Tour by ALEX.realestate

San Marcos is about 31 miles southwest of Downtown Austin. In about a minute know more about San Marcos 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 San Marcos real estate market data for July 2023. SUMMARY In July 2023, the San Marcos real estate market witnessed a slowing down in terms of the number of sales and total net sales value when compared both to the prior month and the same month of the previous year. While average and median net sale prices showed slight declines, the luxury property segment took a more significant hit. Additionally, properties took longer to sell , and the discount from list price to sale price increased noticeably, indicating stronger negotiation power on the buyer’s side. JULY 2023 INSIGHTS Seasonal Trends: Typically, summer sees more active home buying, but the decrease in the number of sales from June to July may hint at a drop in demand or seasonal adjustment.Significant Changes: The rise in cumulative days on market implies that properties are taking longer to sell. This trend might be giving buyers more leverage in negotiations, which can be inferred from the increasing gap between list and sale prices.Positive Highlights: Despite the overall slowdown, the average and median net sale prices showed only minor reductions compared to the prior month. This suggests a degree of market resilience.Areas of Concern: The high-end market, represented by the highest net sale prices and per square foot rates, witnessed considerable month-on-month and year-on-year declines. This indicates challenges in the upper segments. JULY 2023 SOLD STATISTICS 1. Market Overview: Total Sales: 75 sales, indicating a decrease of 11% from June 2023 and a 5% decrease from July 2022.Total Net Sales Volume: $31,663,672, showcasing a decrease of 21% month-over-month (MOM) and 7% year-over-year (YOY). 2. Days from Listing to Sale: Median Cumulative Days on Market: 40 days, a 30% reduction from June 2023.Average Cumulative Days on Market: 87 days, decreasing by 11% from June 2023. 3. Net Sale Price: Median Net Sale Price: $378,638, marking a 7% decline MOM and 3% decline YOY.Median Net Sale $ per Square Foot: $201, decreasing by 1% MOM and 10% YOY.Average Net Sale Price: $417,558, showing an 11% decrease MOM and a 3% reduction YOY.Average Net Sale $ per Square Foot: $211, decreasing by 4% MOM and the same 4% YOY. 4. High-End Market: Highest Net Sale Price: $880,000, showcasing a decline of 35% from June 2023 and 27% YOY.Highest Net Sale $ per Square Foot: $366, marking a decline of 10% MOM but interestingly, an increase of 13% YOY. 5. List Prices: Median List Price: $394,990, indicating a 7% decrease MOM and a marginal 1% decline YOY.Median List Price per Square Foot: $209, stable MOM and decreasing by 8% YOY.Average List Price: $431,065, showcasing a 12% decrease MOM and virtually no change YOY.Average List Price per Square Foot: $218, marking a 4% decrease MOM and 1% reduction YOY. 6. Discount from List Price to Net Sale Price: Median % Discount from List Price: 4.4%, showing a positive shift with an increase of 2% compared to June 2023.Average % Discount from List Price: 6.9%, increasing notably by 18% MOM. 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 San Marcos 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 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 San Marcos 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 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 San Marcos 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 San Marcos 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 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 San Marcos 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 San Marcos 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 San Marcos TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate

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