ALEX Labs just completed analysis of East Georgetown single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the East Georgetown real estate market than almost anyone!
NOTE: East Georgetown is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market.
SUMMARY TABLE:
MONTHLY TREND: +12%
Predicted Monthly Trend: -2.12% DECREASE from prior month
Sales Net of Monthly Trend: A +14.12% POSITIVE difference in actual vs predicted sales
TOTAL SALES: 47
Up 12% from the previous month.
Down 30% from the same month last year
TOTAL NET SALES VOLUME: $19,225,000
Up 21% from the previous month.
Down 31% from the same month last year.
NET SALE PRICE PER SQUARE FOOT:
$227 per square foot average:
Up 12% from the previous month.
Up 13% from the same month last year.
$201 per square foot median:
Up 2% from the previous month.
Up 3% from the same month last year.
NET SALE PRICE:
$404,000 average:
Up 8% from the previous month.
Down 1% from the same month last year.
$382,000 median:
Up 5% from the previous month.
Down 3% from the same month last year.
LIST PRICE PER SQUARE FOOT:
$230 per square foot average:
Up 10% from the previous month.
Up 8% from the same month last year.
$204 per square foot median:
No change from the previous month.
Up 1% from the same month last year.
LIST PRICE:
$410,000 average:
Up 6% from the previous month.
Down 5% from the same month last year.
$385,000 median:
Up 3% from the previous month.
Down 7% from the same month last year.
DISCOUNT FROM LIST PRICE:
-2.2% average discount:
Down 58% from the previous month.
Down 77% from the same month last year.
0% median discount:
Down 100% from the previous month.
Down 100% from the same month last year.
DAYS FROM LISTING TO ESCROW:
43 average days on market:
Down 30% from the previous month.
Down 40% from the same month last year.
17 median days on market:
Down 40% from the previous month.
Down 50% from the same month last year.
HIGH NET SALE PRICE PER SQUARE FOOT: $582
Up 87% from the previous month.
Up 60% from the same month last year.
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: $810,000
Up 42% from the previous month.
Up 16% from the same month last year.
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 East Georgetown area than just about anybody.
If you have any questions, I am always here. Just call, text or email me. Diane
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate
Discover more from alex.realestate & alex ai
Subscribe to get the latest posts sent to your email.