Best in Texas™: Lakeway’s Real Estate Market Soars: April 2024 Sees a 45% Sales Surge by ALEX.realestate
ALEX Labs just completed analysis of Lakeway single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Lakeway real estate market than almost anyone! SUMMARY TABLE: MONTHLY TREND: +45% Predicted Monthly Trend: -2.12% decrease from the previous month.Sales Net of Monthly Trend: +47.12% positive difference in actual vs. predicted sales. TOTAL SALES: 29 Up 45% from the previous month.Up 71% from the same month last year. TOTAL NET SALES VOLUME: $28,919,345 Up 52% from the previous month.Up 86% from the same month last year. NET SALE PRICE PER SQUARE FOOT: $289 per square foot average:Down 5% from the previous month.Down 3% from the same month last year.$277 per square foot median:No change from the previous month.Down 3% from the same month last year. NET SALE PRICE: $995,000 average:Up 5% from the previous month.Up 10% from the same month last year.$835,000 median:No change from the previous month.Down 3% from the same month last year. LIST PRICE PER SQUARE FOOT: $300 per square foot average:Down 6% from the previous month.Down 2% from the same month last year.$301 per square foot median:Up 1% from the previous month.Up 2% from the same month last year. LIST PRICE: $1,037,000 average:Up 5% from the previous month.Up 11% from the same month last year.$850,000 median:Down 2% from the previous month.Down 3% from the same month last year. DISCOUNT FROM LIST PRICE: -8.0% average discount:Down 86% from the previous month.Up 37% from the same month last year.-5.9% median discount:Down 33% from the previous month.Up 149% from the same month last year. DAYS FROM LISTING TO ESCROW: 91 average days on market:Down 12% from the previous month.Up 42% from the same month last year.32 median days on market:Down 75% from the previous month.Up 19% from the same month last year. HIGH NET SALE PRICE PER SQUARE FOOT: $472 Down 5% from the previous month.Up 14% from the same month last year.NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry error HIGH NET SALE PRICE: $2,437,000 Up 43% from the previous month.Up 28% from the same month last year.NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry error ALEX knows more about Lakeway area than just about anybody. If you have any questions, I am always here. Just call, text or email me. Diane Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate
Lakeway, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate
ALEX Labs just completed analysis of Lakeway single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the Lakeway real estate market than almost anyone! THE ONLY SOURCE ALEX is the only source of: (1) Lakeway Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)(2) Austin Board of Realtors Monthly Trend Model (Monthly Trend) applied to Lakeway monthly sales. (3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area. (4) Comparing % change in number of sales month over month to Monthly Trend. Georgetown comparative analysis. MARKET & TREND 28 total sales:Up 155% from the previous month. Up 115% from the same month last year. Monthly Trend: Predicted a 23.2% INCREASE from the previous month. Sales Net of Monthly Trend: 131.8% POSITIVE difference in actual vs predicted sales. $25,861,133 total net sales volume:Up 128% from the previous month. Up 98% from the same month last year. NET SALE PRICE $921,129 average:Down 10% from the previous month. Down 8% from the same month last year. $299 per square foot average:Up 2% from the previous month. Down 2% from the same month last year. $811,445 median:No change from the previous month. Down 8% from the same month last year. $290 per square foot median:Up 10% from the previous month. Down 1% from the same month last year. LIST PRICE $964,195 average:Down 12% from the previous month. Down 8% from the same month last year. $310 per square foot average:Up 1% from the previous month. Down 3% from the same month last year. $831,200 median:Down 5% from the previous month. Down 9% from the same month last year. $301 per square foot median:Up 8% from the previous month. Down 2% from the same month last year. NET SALE $ % DISCOUNT FROM LIST $ 10.1% average discount:Down 23% from the previous month. Down 16% from the same month last year. 6.1% median discount:Down 49% from the previous month. Down 51% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 163 average days:Up 11% from the previous month. Up 51% from the same month last year. 110 median days:Up 48% from the previous month. Up 13% from the same month last year. LUXURY INSIGHTS $2,925,000 high net sale:Up 56% from the previous month. Up 35% from the same month last year. $463 per square foot high net sale:Up 4% 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 over 45 Lakeway in the Greater Austin area including Lakeway. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Aaron ALEX knows more about Sun City area than just about anybody. If you have any questions, I am always here. Just call, text or email me. Aaron Alexander, BA, CLHMS, ABRSenior Partner ALEX.realestateBoard Member ALEX Caresv 214-886-0816e aaron@alex.realestatew https://aaronalexander.alex.realestate/ Are you an Agent or Broker in Lakeway? This is NOT a large number of agents game for us. For example, in Lakeway we will accept up to 2 more agents and/or brokers in the Lakeway/Bee Cave area. I am already in Lakeway. Do you want to work with a Broker in the top 2% of Zillow globally who is willing to help you with farming area targeting, lead generation, lead nurturing and lead conversion? Would you like to be armed with the best and most powerful tools including Stat Packs and 1 Minute Tours? Want to know more about ALEX or ALEX Partner positions? Contact me! Aaron 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
Lakeway, Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate
ALEX Labs just completed analysis of Lakeway single family sales, reported to the Austin Board of Realtors, for December 2023, as of January 6. In about 60 seconds, know more about the Lakeway real estate market than almost anyone! THE ONLY SOURCE ALEX is the only source of: (1) Lakeway Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.) (2) Austin Board of Realtors Specific Monthly Trend Model (Monthly Trend) applied to Lakeway monthly sales. MARKET & TREND 17 sales:Up 55% from the previous month.No change from the same month last year.Monthly Trend predicted a 13.3% increase from last month.Economic and supply/demand impact on sales: The 41.7% POSITIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.$18.4 million total net sales volume:Up 77% from the previous month.Up 24% from the same month last year. NET SALE PRICE $825,000 median:Down 14% from the previous month.Up 11% from the same month last year.$274 per square foot median:Up 10% from the previous month.Down 3% from the same month last year.$1,079,590 average:Up 15% from the previous month.Up 24% from the same month last year.$310 per square foot average:Up 21% from the previous month.Up 7% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 11.1% median discount:Down 28% from the previous month.Up 24% from the same month last year.14.2% average discount:Down 23% from the previous month.Up 13% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 159 median days:Up 83% from the previous month.Up 261% from the same month last year.145 average days:Up 56% from the previous month.Up 125% from the same month last year. LUXURY INSIGHTS $2,700,000 high net sale:Up 105% from the previous month.Up 23% from the same month last year.$612 per square foot high net sale:Up 96% from the previous month.Up 61% from the same month last year. ALEX Studios publishes 38 Stat Packs in the Greater Austin area. View all areas and select what you would like. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Aaron ALEX knows more about Lakeway than just about anybody. If you have any questions, I am always here. Just call, text or email me. Aaron Alexander, BA, CLHMS, ABRSenior Partner ALEX.realestateBoard Member ALEX Caresv 214-886-0816t 512-824-0024e aaron@alex.realestatew https://aaronalexander.alex.realestate/ PS – Are you an Agent or Broker in Lakeway? Do you want to be one of the few armed with the best:Research & analysis? Neighborhood/farming area trend and net sale price statistics?Marketing?Lead generation? White Glove Service for your clients and for you and your clients? Contact me! Aaron 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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