Best in Texas: Exploring Dripping Springs’ Real Estate Trends: A Comprehensive April 2024 Market Analysis by ALEX.realestate

ALEX Labs just completed analysis of Dripping Springs  single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Dripping Springs  real estate market than almost anyone!  NOTE: Dripping Springs is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market. SUMMARY TABLE: MONTHLY TREND: +2%Predicted Monthly Trend: -2.12% DECREASE from prior monthSales Net of Monthly Trend: A +4.12% POSITIVE difference in actual vs predicted sales TOTAL SALES: 54 Up 2% from the previous month.Up 100% from the same month last year. TOTAL NET SALES VOLUME: $39,338,000 Down 2% from the previous month.Up 99% from the same month last yea NET SALE PRICE PER SQUARE FOOT: $270 per square foot average:Up 2% from the previous month.Down 6% from the same month last year. $253 per square foot median:Up 5% from the previous month.Down 9% from the same month last year. NET SALE PRICE: $719,000 average:Down 4% from the previous month.Down 1% from the same month last year. $600,000 median:Down 14% from the previous month.Down 16% from the same month last year. LIST PRICE PER SQUARE FOOT: $281 per square foot average:Up 2% from the previous month.Down 6% from the same month last year. $270 per square foot median:Up 7% from the previous month.Down 9% from the same month last year. LIST PRICE: $748,000 average:Down 5% from the previous month.Down 2% from the same month last year. $632,000 median:Down 13% from the previous month.Down 12% from the same month last year. DISCOUNT FROM LIST PRICE: -7.1% average discount:Down 4% from the previous month.Down 43% from the same month last year. -3.5% median discount:Down 30% from the previous month.Down 49% from the same month last year. DAYS FROM LISTING TO ESCROW: 98 average days on market:Up 1% from the previous month.Down 8% from the same month last year. 29 median days on market:Down 67% from the previous month.Down 65% from the same month last year. HIGH NET SALE PRICE PER SQUARE FOOT: $654 Up 23% from the previous month.Up 76% 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 errors HIGH NET SALE PRICE: $1,650,000 Up 2% from the previous month.Up 27% 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 errors ALEX knows more about Dripping Springs area than just about anybody. If you have any questions, I am always here. Just call, text or email me. Aaron 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

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Dripping Springs, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Dripping Springs single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the Dripping Springs real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Dripping Springs 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 Dripping Springs 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 39 total sales:Up 39% from the previous month. Up 11% from the same month last year. Monthly Trend: Predicted a 23.2% INCREASE from the previous month. Sales Net of Monthly Trend: 15.8% POSITIVE difference in actual vs predicted sales. $31,067,221 total net sales volume:Up 28% from the previous month. Up 25% from the same month last year. NET SALE PRICE $787,372 average:Down 8% from the previous month. Up 12% from the same month last year. $285 per square foot average:Down 12% from the previous month. Up 3% from the same month last year. $748,500 median:Up 21% from the previous month. Up 9% from the same month last year. $282 per square foot median:Up 6% from the previous month. Up 11% from the same month last year. LIST PRICE $840,103 average:Down 6% from the previous month. Up 14% from the same month last year. $303 per square foot average:Down 10% from the previous month. Up 5% from the same month last year. $775,000 median:Up 22% from the previous month. Up 7% from the same month last year. $282 per square foot median:Up 5% from the previous month. Up 6% from the same month last year. NET SALE $ % DISCOUNT FROM LIST $ 10.6% average discount:Up 29% from the previous month. Up 2% from the same month last year. 7.0% median discount:Up 21% from the previous month. Down 34% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 156 average days:Up 74% from the previous month. Up 34% from the same month last year. 124 median days:Up 80% from the previous month. Up 25% from the same month last year. LUXURY INSIGHTS $2,321,525 high net sale:Down 43% from the previous month. Up 92% from the same month last year. $705 per square foot high net sale:Down 30% from the previous month. Up 37% from the same month last year. ALEX REAL ESTATE STAT PACKS Get any or all Stat Packs ALEX Studios currently publishes over 45 Stat Packs in the Greater Austin area including Dripping Springs. 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 Dripping Springs 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 Dripping Springs?  This is NOT a large number of agents game for us. For example, in Dripping Springs we will accept up to 4 agents and/or brokers. 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 Note: We do not audit ABOR data. We assume this unusual number (spike) for Dec 2023 is probably due to a Listing Agent incorrectly manually entering sale data HIGH LIST PRICE & HIGH NET SALE PRICE* Note: We do not audit ABOR data. We assume this unusual number (spike) for Sep 2022 is probably due to a Listing Agent incorrectly manually entering sale data PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Dripping Springs, Nov 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Dripping Springs single family sales, reported to the Austin Board of Realtors, for November 2023, as of December 2. In about 60 seconds, know more about the Dripping Springs real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Dripping Springs 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 Dripping Springs monthly sales. SEASONAL TREND 20 sales:Down 49% from the previous month.Down 39% from the same month last year.Seasonal Trend predicted a 6.41% reduction from last month.$15 million total net sales volume:Down 54% from the previous month.Down 43% from the same month last year. NET SALE PRICE $658,665 median:Down 2% from the previous month.Down 5% from the same month last year.$256 per square foot median:No change from the previous month.Down 7% from the same month last year.$737,608 average:Down 12% from the previous month.Down 6% from the same month last year.$279 per square foot average:Down 3% from the previous month.Down 2% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 4.5% median discount:Down 42% from the previous month.Down 12% from the same month last year.10.4% average discount:Down 14% from the previous month.Up 45% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 56 median days:Down 12% from the previous month.Up 32% from the same month last year.71 average days:Down 30% from the previous month.Up 12% from the same month last year. LUXURY INSIGHTS $1,725,000 high net sale:Down 9% from the previous month.Down 26% from the same month last year.$695 high net sale per SF:Up 30% from the previous month.Up 20% 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 Dripping Springs than just about anybody. If you have any questions, I am always here. Just call, text or email me. Aaron Alexander, BA, CLHMSSenior Partner ALEX.realestateBoard Member ALEX Caresv 214-886-0816t 512-824-0024e aaron@alex.realestatew https://aaronalexander.alex.realestate/ PS – Are you a Dripping Springs real estate agent or broker? Do you want to be one of the few armed with the best seller and buyer lead generation, marketing, research, analysis including neighborhood / farming area trend and net sale price statistics? And, White Glove Service for your clients and for you? 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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