Elgin One Minute Tour by ALEX.realestate

Elgin is about 26 miles east northeast of Downtown Austin. In about a minute know more about Elgin 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 – Repairs – Seller Contributions to Closing Costs.) Let’s dive into the Elgin real estate market data for July 2023.JULY 2023 INSIGHTS Summary: While there are positive signs of growth on a month-to-month basis in Elgin, year-over-year figures indicate a softer market compared to 2022. Seasonal Trends: July often sees a surge in real estate activity due to the summer season. However, even with the increase from June to July 2023, the market is slower compared to the same period in 2022.Significant Changes: The large spike in cumulative days on the market indicates that properties in Elgin are taking longer to sell. This might be due to several factors such as pricing, property conditions, or market dynamics.Net Sale Price Discount from List Price: The disparity between the net sale price and list price shows that properties are generally selling close to or below their list prices. The average discount from the list price was -3.2% in July 2023, a drastic change from the prior month. JULY 2023 SOLD STATISTICS  Number of Sales: There was a slight increase in the number of sales, with a 6% increase from the previous month (month-over-month or MOM), totaling 36 sales. There was a slight 3% reduction in the number of sales from the same month last year (year-over-year or YOY).Total Net Sales amounted to $12,656,765, reflecting an 11% MOM growth. Total Net Sales showed a decline by 16% YOY.Days From Listing to Escrow: The 18.5 median days were down by 35% MOM. Properties in July 2023 spent an average of 51.47 days on the market, a 7% MOM increase. Net Sale Price: The median net sale price showed a decline both monthly (-2%) and annually (-20%), landing at $307,495. The average net sale price for properties was $344,538 in July 2023, a 5% growth from June 2023 but a decline of 15% YOY.Highest Net Sale Price: The highest recorded net sale price was $782,500, reflecting a 15% growth from the previous month and a slight increase of 1% from July 2022.Highest List Price of Homes Sold: The highest list price noted was $799,900, a 16% increase from the previous month and a 3% increase year-over-year.List Price:The median list price decreased by 3% from June 2023 and showed a larger decrease of 24% when compared to July 2022.The average list price was $355,122, up by 5% from June 2023 but down by 12% year-over-year. 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 Elgin 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 Elgin 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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Best in Texas™: Net Sale Price Data and Charts now available from ALEX.realestate

July 11, 2023, Georgetown, TX: “ALEX.realestate, ALEX Labs and ALEX Studios are excited to publish our first monthly set of statistical reports (Stat Packs) incorporating Net Sale Price statistics” announces Diane Hart Alexander, MBA, MHA, CEO Broker. George Alexander, MPA, Associate Broker adds: “Stat Packs is the only known source of Net Sale Price data. Stat Packs are based on data from the Austin Board or Realtors (ABOR) MLS. We wait 10 days after the end of each month to assure all sales in the prior month reported to ABOR are included.” Diane concludes: “If you would like a report for another geographic area please contact your favorite ALEX Partner or contact me.” GEOGRAPHIC AREAS Access Stat Packs by clicking on any geographic area below and ask for Google Drive access  All of ABOR Counties BastropBlancoBurnetCaldwellHaysTravisWilliamson Cities AustinBastropBudaElginGeorgetownHuttoKyleLago VistaLakewayLeanderLiberty HillManorRound RockSan MarcosSpicewoodThe HillsWimberley Georgetown Zip Codes 78626 – East Georgetown78628 – West Georgetown78633 – Northwest Georgetown including Sun City FOR ADDITIONAL INFORMATION Please reach out to:Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate

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Best in Texas™ in Austin Metro Area: Bastrop County has 6 of top 25 zip codes with highest Zillow one year trend projections. ALEX Labs. ALEX Bastrop. ALEX Austin

Bastrop County has 6 of the top 25 zip codes with highest Zillow one year projected trends. By rank they are: 78650 in McDade, 78953 in Rosanky, 78662 in Red Rock, 78616 in Cedar Creek, 78602 in Bastrop and 78612 also in Cedar Creek. 78621 in Elgin ranked no. 26 in the Austin Metro region. Zillow just released trend projections through August 31, 2023. ALEX Labs drilled down to the zip code level in the Austin Metro Area. AUSTIN METRO 25 TOP ZIP CODESClick on any City, County or Zip Code to view homes and properties for sale or lease, new listings, sold properties, sales statistics, trends and Best in Texas™ neighborhoods! Download the Map BASTROP COUNTY ZIP CODE RANKINGS Austin Metro RankCityCountyZipZillow 1 Year Trend2McDadeBastrop786504.70%4RosankyBastrop789534.50%10Red RockBastrop786624.20%11Cedar CreekBastrop786164.10%12BastropBastrop786024.00%19Cedar CreekBastrop786122.70%26ElginBastrop786212.40%41PaigeBastrop786591.90%49SmithvilleBastrop789571.70% Table of all Austin Metro Zip Codes by Zillow One Year TrendALEX ArticleZILLOW Report 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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