ALEX Labs just completed analysis of Austin single family sales reported to the Austin Board of Realtors for July 2024. In about 60 seconds know more about the Austin real estate market than almost anyone!
ALEX’s Stat Packs are the ONLY source for “Net Sale Price” statistics AND the ONLY source for “ABOR specific” monthly trend analysis applied to over 45 Greater Austin Area markets. They are produced each month. And they are free! Get one or all today!
SUMMARY TABLE:
MONTHLY TREND: +8% vs. +7% across ABOR
Predicted Monthly Trend: -6.51% decrease from the previous month
Sales Net of Monthly Trend: +14.51% positive difference in actual vs. predicted
Total Sales:
- Total Sales: 676
- % Change from Prior Month: +8%
- % Change Same Month Last Year: -7%
Total Net Sales Volume:
- Total Net Sales Volume: $556,099,324
- % Change from Prior Month: +4%
- % Change Same Month Last Year: -6%
Net Sale Price per Square Foot:
- Average: $363
- % Change from Prior Month: +3%
- % Change Same Month Last Year: +3%
- Median: $305
- % Change from Prior Month: -1%
- % Change Same Month Last Year: -1%
Net Sale Price:
- Average: $817,449
- % Change from Prior Month: -3%
- % Change Same Month Last Year: +1%
- Median: $619,250
- % Change from Prior Month: -5%
- % Change Same Month Last Year: -1%
- High: $5,100,000
- % Change from Prior Month: -15%
- % Change Same Month Last Year: -9%
List Price per Square Foot:
- Average: $377
- % Change from Prior Month: +3%
- % Change Same Month Last Year: +3%
- Median: $316
- % Change from Prior Month: -1%
- % Change Same Month Last Year: +1%
List Price:
- Average: $851,199
- % Change from Prior Month: -3%
- % Change Same Month Last Year: +1%
- Median: $646,000
- % Change from Prior Month: -4%
- % Change Same Month Last Year: 0%
- High: $5,400,000
- % Change from Prior Month: -19%
- % Change Same Month Last Year: -9%
Discount from List Price:
- Average Discount: -7.4%
- % Change from Prior Month: +9%
- % Change Same Month Last Year: +9%
- Median Discount: -4.5%
- % Change from Prior Month: +18%
- % Change Same Month Last Year: +11%
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
Days from Listing to Escrow:
- Average: 54 days
- % Change from Prior Month: +15%
- % Change Same Month Last Year: +23%
- Median: 30 days
- % Change from Prior Month: +28%
- % Change Same Month Last Year: +34%
High Net Sale Price per Square Foot:
- High Net Sale Price per SF: $8,600
- % Change from Prior Month: +634%
- % Change Same Month Last Year: +608%
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:
- High Net Sale Price: $5,100,000
- % Change from Prior Month: -15%
- % Change Same Month Last Year: -9%
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 Austin area than just about anybody.
If you have any questions, I am always here. Just text me. Diane
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate