Bee Cave One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of Bee Cave single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the Bee Cave 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 4 sales is a 300% increase from August 2023, and up 100% from September 2022. $2,924,000 total net sales. A 151% increase from August 2023, and up 53% from September 2022.Seasonal Trend predicted a 10% reduction from August 2023.  LUXURY INSIGHTS $825,000 high net sale price was down 29% from August 2023, and down 37% from September 2022. $849,000 high list price was down 28% from August 2023, and down 36% from September 2022.$409 high net sale price per SF was up 72% from August 2023, and up 6% from September 2022.$428 high list price per SF was up 78% from August 2023, and up 13% from September 2022. KEY STATISTICS Median Cumulative Days on Market: 8, 150% increase from August 2023, and a 61% decrease from September 2022.Median Net Sale Price: $759,500, down 35% from August 2023, and down 20% from September 2022.Median Net Sale $ per Square Foot: $271, indicates a 14% increase from August 2023, and a 22% decrease year-over-year.Median Net Sale $ % Discount from List Price: 5.3%, marking a 519% increase from August 2023, and a 50% increase 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! Aaron ALEX knows more about Bee Cave than just about anybody. If you have any questions, I am always here. Just call, text or email me. Aaron Alexander, BA, Senior PartnerAlexander Tiffany Southwest dba ALEX.realestatev 214.886.0816o 713.918.9951e aaron@alex.realestatew https://aaronalexander.alex.realestate/ PS – If you are an Agent or Broker in Bee Cave 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! 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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Best in Texas™: Congratulations to Aaron Alexander, ALEX Senior Partner, Best of Zillow in Austin

Aaron Alexander, ALEX.realestate Senior Partner, is killing it on Zillow. Aaron primary market covers Lakeway, Bee Cave, West Austin and Spicewood. His Zillow performance has earned him the “Best of Zillow” status. Please let Aaron know you are proud of him. Call/text him at 214.886.0816, email him at aaron@alex.realestate. Or, leave a message on his website: https://aaronalexander.alex.realestate/. 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 Aaron’s market area and you want to partner with Aaron, the Best of Zillow Agent in Austin, and, you 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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Bee Cave One Minute Tour by ALEX.realestate

Bee Cave is about 17 miles west of Downtown Austin. In about a minute know more about Bee Cave 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 Bee Cave real estate market data for July 2023.JULY 2023 INSIGHTS Small Market: With only 4 sales in July and always very few sales in Bee Cave, we approach the statistics with caution. But, they are the numbers. Seasonal Trends: Historically, summer months like July are expected to be hotter for real estate in terms of sales volume. The huge jump from June to July this year confirms that trend. However, compared to last year, properties are staying longer on the market, suggesting a changing dynamic. Bee Cave in Recovery?: Positively, there’s a boom in sales, indicating a potentially recovering market. Negotiable Market: On the flip side, there’s a clear trend of reduced list and net sales prices, paired with increased negotiation power for buyers. Sellers might need to be more competitive in their pricing and be open to negotiations. JULY 2023 SOLD STATISTICS  Market Overview:Sales: 4 homes were sold in July. The market has shown robust growth with sales doubling (100% increase) year-over-year (YOY).Total Net Sales: A substantial rise to $2,997,000, marking a 34% increase from the previous month. Total net sales up by 62% YOY.Days from Listing to Escrow:Cumulative Days: Homes were on the market for an average of 37.75 days, which is a 34% decrease. This suggests faster market movement.Median Days: Reduced even more significantly to 34 days, a 40% drop.Net Sale Price:Average: A notable decline to $744,700 (-66%).Per Square Foot: Dropped to $298, down by 32%.Median Net Sale Price:Homes sold at a median price of $687,150, showing a 69% decrease.Per Square Foot: Went down to $288, a 34% dip.Highest Net Sale Price:The highest net sale price of a home came in at $1,024,500, a decrease of 54% from the prior month.Per Square Foot: The top price was $365 per sq. ft., which was 16% less than June.List Prices:Average: Homes were listed at an average of $753,750, marking a 67% drop.Median: The median list price was down by 70% to $697,500.Highest: The top-listed property was priced at $1,000,000, experiencing a 57% decrease.Net Sale Price Discount from List Price:Average: Buyers enjoyed an average discount of 7.3% off the list price, which is 65% greater than the previous month.Median: Median discounts were at 7%, showing a 66% increment. 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! Aaron I’M ALWAYS HERE 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 512-824-0024 e aaron@alex.realestatew https://aaronalexander.alex.realestate/ PS – If you are an Agent or Broker in Bee Cave 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! Aaron SUMMARY TABLE SUMMARY TABLE – July 2023 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Bee Cave 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 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Bee Cave 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 Bee Cave 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 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Bee Cave TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE PER SF & HIGH NET SALE PRICE PER SF – July 2023 Bee Cave 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 Bee Cave 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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