What’s Happening in the Market?
The housing market in Georgetown slowed down a bit in January but the slowdown was consistent with expected monthly trend. Fewer homes were sold compared to the past few months, and home prices dipped slightly. Houses are also taking longer to sell, meaning buyers have more time to make decisions.
Compared sales in January 2025 to December 2024 of single family home sales reported to the Austin Board of Realtors (ABOR):
Actual % Change: Down 32.86%
Predicted % Change: Down 32.54%
# Difference: 0.32%
Key Takeaways:
- 171 homes were sold in January, with a total value of $82.56 million.
- The average home sold for $477,244, which is about 9% less than last month.
- The median home price was $412,982, meaning half of the homes sold for more and half for less.
- Homes are taking longer to sell, with an average of 90 days on the market before finding a buyer.
- Some homes sold for as much as $1.57 million, showing that luxury homes are still in demand.
Want the Details?
Want a PDF with a summary table and 10 easy to understand charts tracking the 51 key real estate statistics over the past 25 months summarized above? Get the details.
How Did Georgetown Do Relative to other Greater Austin Areas?
Want to see how Georgetown compared to 45 other Greater Austin Area Geographic Area analyzed by ALEX AI? View the table.
ALEX knows more about Georgetown real estate, the data, research and analysis than just about anybody.
Any questions about Georgetown, real estate, AI, AI in real estate or ALEX? Please contact me at 713.918.9951 or george@alex.relestate or just subscribe to our Blog!.
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George Alexander, Associate Broker & ALEX AI Director
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