ALEX Labs just completed analysis of Lakeway single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. In about 60 seconds, know more about the Lakeway real estate market than almost anyone!
THE ONLY SOURCE
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.
- 22 sales:
- Up 22% from the previous month.
- Up 29% from the same month last year.
- Seasonal Trend predicted a 3.47% reduction from September 2023.
- $21 million total net sales volume:
- Up 37% from the previous month.
- Up 19% from the same month last year.
NET SALE PRICE
- $773,500 median:
- Down 10% from the previous month.
- Down 20% from the same month last year.
- $270 per square foot median:
- Down 7% from the previous month.
- Down 19% from the same month last year.
- $958,109 average:
- Up 12% from the previous month.
- Down 8% from the same month last year.
- $297 per square foot average:
- Down 4% from the previous month.
- Down 12% from the same month last year.
NET SALE PRICE DISCOUNT FROM LIST PRICE
- 5.6% median discount:
- Down 52% from the previous month.
- Down 3% from the same month last year.
- 9.6% average discount:
- Down 16% from the previous month.
- Up 10% from the same month last year.
CUMULATIVE DAYS FROM LISTING TO ESCROW
- 56 median days:
- Down 23% from the previous month.
- Up 23% from the same month last year.
- 78 average days:
- Down 4% from the previous month.
- Up 84% from the same month last year.
LUXURY INSIGHTS
- $2,049,000 high net sale:
- Down 6% from the previous month.
- Down 2% from the same month last year.
- $495 per square foot high net sale:
- Up 18% from the previous month.
- Up 4% from the same month last year.
- $2,396,600 high list:
- Up 76% from the previous month.
- Up 55% from the same month last year.
- $722 per square foot high list:
- Up 50% from the previous month.
- Up 32% from the same month last year.
ALEX REAL ESTATE 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! Diane
ALEX knows more about Lakeway 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.realestate
Board Member ALEX Cares
v 214-886-0816
t 512-824-0024
e aaron@alex.realestate
w https://aaronalexander.alex.realestate/
PS – If you are an Agent or Broker in Lakeway 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 Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead
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