ALEX Labs just completed analysis of Lakeway 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 Lakeway real estate market than almost anyone!
THE ONLY SOURCE
ALEX is the only source of:
(1) Lakeway 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 Lakeway monthly sales.
- 11 sales:
- Down 50% from the previous month.
- Down 27% from the same month last year.
- Seasonal Trend predicted a 6.41% reduction from last month.
- $10.4 million total net sales volume:
- Down 51% from the previous month.
- Down 24% from the same month last year.
NET SALE PRICE
- $954,000 median:
- Up 23% from the previous month.
- Up 16% from the same month last year.
- $313 per square foot median:
- Down 53% from the previous month.
- Down 34% from the same month last year.
- $939,548 average:
- Down 2% from the previous month.
- Up 2% from the same month last year.
- $258 per square foot average:
- Down 13% from the previous month.
- Down 18% from the same month last year.
NET SALE PRICE DISCOUNT FROM LIST PRICE
- 15.5% median discount:
- Up 176% from the previous month.
- Up 76% from the same month last year.
- 18.5% average discount:
- Up 93% from the previous month.
- Up 466% from the same month last year.
CUMULATIVE DAYS FROM LISTING TO ESCROW
- 87 median days:
- Up 57% from the previous month.
- Up 123% from the same month last year.
- 93 average days:
- Up 19% from the previous month.
- Up 85% from the same month last year.
LUXURY INSIGHTS
- $1,320,000 high net sale:
- Down 45% from the previous month.
- Down 37% from the same month last year.
- $313 per square foot high net sale:
- Down 53% from the previous month.
- Down 34% 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 Lakeway than just about anybody.
If you have any questions, I am always here. Just call, text or email me.
Aaron Alexander, BA, CLHMS, ABR
Senior 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 including neighborhood / farming area trend and net sale price statistics, marketing, lead generation, 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
Discover more from alex.realestate & alex ai
Subscribe to get the latest posts sent to your email.