Hutto, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Hutto single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. In about 60 seconds, know more about the Hutto real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Hutto 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 103 sales:Up 81% from the previous month.Up 30% from the same month last year.Seasonal Trend predicted a 3.47% reduction from September 2023.$39.1 million total net sales volume:Up 76% from the previous month.Up 14%from the same month last year. NET SALE PRICE $360,000 median:Down 4%from the previous month.Down 14%from the same month last year.$190 per square foot median:Up 1%from the previous month.Down 6% from the same month last year.$372,699 average:Down 3% from the previous month.Down 13% from the same month last year.$194 per square foot average:Up 2% from the previous month.Down 5% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 2.0% median discount:Down 22% from the previous month.Down 45%from the same month last year.2.9% average discount:Down 34% from the previous month.Down 53% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 22 median days:Down 31% from the previous month.Down 24% from the same month last year.40 average days:Down 25% from the previous month.Down 1% from the same month last year. LUXURY INSIGHTS $590,000 high net sale:Down 27% from the previous month.Down 6% from the same month last year.$321 high net sale per SF:Up 22% from the previous month.Up 15% 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 ALEX knows more about Hutto 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 Hutto 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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Hutto One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of Hutto single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the Hutto 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 57 sales is a 37% decrease from August 2023, and down 59% from September 2022. $22,275,593 total net sales. A 37% decrease from August 2023, and down 63% from September 2022.Seasonal Trend predicted a 10% reduction from August 2023.  LUXURY INSIGHTS $805,000 high net sale price was down 25% from August 2023, and down 4% from September 2022. $849,999 high list price was down 35% from August 2023, and down 5% from September 2022.$263 high net sale price per SF was down 37% from August 2023, and down 29% from September 2022.$279 high list price per SF was down 45% from August 2023, and down 30% from September 2022. KEY STATISTICS Median Cumulative Days on Market: 32, a 45% increase from August 2023, and a 113% decrease from September 2022.Median Net Sale Price: $375,000, up 4% from August 2023, and down 9% from September 2022.Median Net Sale $ per Square Foot: $188, down 3% from August 2023, and a 9% decrease year-over-year.Median Net Sale $ % Discount from List Price: 2.5%, marking a 9% increase from August 2023, and an 80% decrease 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 Hutto 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 Hutto 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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Hutto One Minute Tour by ALEX.realestate

Hutto is about 30 miles north of Downtown Austin. In about a minute know more about Hutto 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 Hutto real estate market data for July 2023. JULY 2023 INSIGHTS Summary: Hutto’s real estate landscape in July 2023 presents a mix of both opportunities and challenges. While there’s evident cooling in the general market compared to last year, there are positive signs, especially in the luxury segment. Additionally, the summer seems to be a hot period for faster sales. Prospective sellers should be cautious about their listing prices and be open to negotiations, while buyers might find it a good time to explore options and negotiate favorable deals.Yearly Slowdown: When comparing data from July 2023 to July 2022, there’s a consistent decline in various metrics. Sales volume decreased by 22%, total net sales are down by 33%, and average net sale prices have declined by 15%. This could be indicative of a cooling market, with fewer buyers or a surge in available properties leading to reduced prices.Upswing in High-End Property Pricing: An interesting observation is the substantial monthly increases in the highest net sale and list prices, along with their respective prices per square foot. This could be a sign that while the general market might be cooling down, there’s still a demand for higher priced properties in Hutto.Stability in List Prices: Despite some declines in net sale prices, the listing prices (both average and median) have remained relatively stable from June to July 2023. This suggests that sellers are still optimistic about the value of their properties, even if the final sale prices show a slight decline. JULY 2023 SOLD STATISTICS  Number of Sales: There were 80 sales in July, marking a slight increase of 3% from June 2023 (month-over-month or “MOM”.) However, when compared to July 2022, there’s a significant decrease of 22% (year-over-year or “YOY”.)Total Net Sales: The cumulative net sales for the month stood at $31,387,406. This is a 1% MOM increase but a notable 33% decrease from the same month last year.Days from Listing to Escrow: The median time was shorter at 22.50 days, a 13% decrease from the previous month. On average, properties were on the market for 39.51 days in July, which is a 33% decrease from June 2023. Net Sale Price: The median (middle point) median was $369,706, adown by 2% from June 2023 and 12% from July 2022. The average property sold for $383,926, a slight decrease of 2% from the previous month. Year-on-year, this marks a decline of 15%.Net Sale Price per SF: The median stood at $191 per square foot, a slight decrease of 3% from the prior month and 11% from the same month last year. On average, properties sold for $197 per square foot, a 1% increase from June but a decrease of 12% from July 2022.Highest Net Sale Price: The most expensive property in July sold for $925,000. This is a substantial 34% increase from June but a 38% decrease from July 2022.Highest List Price: The priciest property sold in July had an asking price of $1,100,000. This marked a significant 47% increase from the previous month, though it’s a 29% drop from July 2022.Net Sale Price Discount from List Price: The median discount stood at 3.0%, which is a 3% narrowing from the previous month. On average, properties sold at a 4.6% discount from their listed price, a widening of 4% from June 2023. 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 Hutto 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 HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Hutto TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Elgin 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 Elgin TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Elgin TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Elgin 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 Elgin 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 Elgin TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Elgin TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Elgin 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 Elgin 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 Elgin 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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