Caldwell County is the county southeast of Travis County and Austin. In about a minute know more about Caldwell County 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 Caldwell County real estate market data for July 2023.
KEY FINDINGS
- Sales: 32 properties were sold in July 2023, which is a slight 3% decrease from the previous month (June 2023). However, when compared to the same month in the previous year (July 2022), there’s a significant 22% reduction in the number of sales. Total net sales amounted to $10,085,575. This represents a 13% decline from June 2023 and a noteworthy 43% reduction from July 2022.
- Days from Listing to Escrow: 45.56 average days on the market, up by 9% from the previous month and a 32% increase year over year. 33 days was the median significantly higher than June 2023 or July 2022.
- Net Sale Price: The average net sale price was $310,862, marking a 10% decline from June and a 28% drop from the previous July. The median net sale price increased by 5% from the previous month to $289,143, although it was still 23% less than July 2022.
- Listing Price: Properties were listed for an average of $319,055, a 12% drop from June and 27% less than the prior year. The median listing price was $297,490, slightly up by 3% from June, but down by 18% year over year.
- Net Sale Price Discount from Listing Price: Sellers on average accepted offers that were 5.1% lower than their listing price, a 65% increase from June. The median discount was 3.3%, up by 66% from June but consistent with July 2022 figures.
INSIGHTS & TRENDS
- Seasonal Trends: Historically, the summer months see a surge in real estate activity. However, compared to last year, both sales and listing prices have reduced significantly in July 2023. The extended time properties spend on the market further indicates a slower-moving market.
- Significant Changes: The sharp increase in the average and median discount from the listing price suggests sellers are more willing to negotiate, which could be due to various reasons including economic factors, higher inventory, or decreased buyer interest.
- Positive Takeaway: While average prices have declined, the slight increase in the median sale and list prices from the previous month suggests that mid-range properties might be experiencing a bit of stability.
Remember, real estate markets have their cycles, and understanding these statistics can provide a strategic advantage whether you’re buying, selling, or holding. Please let me know if you have any questions or need further insights into Caldwell County’s real estate landscape!
ALEX REAL ESTATE STAT PACKS
About Stat Packs
Download 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, Broker
Alexander Tiffany Southwest dba ALEX.realestate
Chairman, ALEX Cares
v 713.591.9902
o 713.918.9951
e diane@alex.realestate
PS – If you are an Agent or Broker in Caldwell County 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 & HIGH NET SALE PRICE* PER SF
HIGH LIST PRICE & HIGH NET SALE PRICE*
ALEX REAL ESTATE STAT PACKS
About Stat Packs
Download any or all July 2023 Stat Packs
ALEX currently publishes 36 Stat Packs in the Greater Austin area. If you are interested in area we are not currently publishing, contact me. I’m always available! Diane.
PROJECT TEAM
Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead
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