📢 West Georgetown – February 2025 Single-Family Homes Report
Feb closings improved over Jan still missed expected target by 15%, but homes are sitting on the market longer—will sellers start to adjust?
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📊 Market Overview
February 2025 saw 76 homes sold in West Georgetown, falling short of the expected 89 homes by 14.6%, based on January sales and a 17.2% expected monthly trend.
Sales rose 7.1% from January but remained 32.6% lower than February 2024. Sellers are holding pricing firm, though buyers are showing signs of hesitation—reflected in rising days on market.
📄 Sales Details
The total net sales volume reached $40.76 million, with an average net sale price of $536,526, median of $460,000, and a high of $1,250,000. The average price per square foot was $221, median $210, and a high of $380 per SF.
💸 List-to-Sale Discount
Buyers negotiated an average discount of 2.1% from list price. The median discount was 2.2%, with the highest discount at 6.7%.
🧾 List Price Breakdown
The average list price was $548,081, the median was $472,500, and the highest list price reached $1,300,000.
List price per square foot averaged $235, with a median of $225, and a high of $558 per SF.
📌 Key Market Stats
- 🏠 Total Homes Sold: 76
- 💰 Total Net Sales Volume: $40,760,060
- 💲 Average Net Sale Price: $536,526
- 📊 Median Net Sale Price: $460,000
- 🚀 High Net Sale Price: $1,250,000
- 📏 Net Price Per SF: $221 (Avg) | $210 (Median) | $380 (High)
- 📉 Net Sale Price MoM Change: +4.7% (Avg) | +2.2% (Median)
- 💲 Average List Price: $548,081
- 📊 Median List Price: $472,500
- 🚀 High List Price: $1,300,000
- 📐 List Price Per SF: $235 (Avg) | $225 (Median) | $558 (High)
- ⏳ Cumulative Days on Market: 99 (Avg) | 77 (Median)
- 📈 Sales Volume MoM: +7.1%
- 📉 Sales Volume YoY: -32.6%
🏡 What It Means for Buyers
Buyers have more leverage than last year. With homes sitting longer and sales volume still recovering, it’s a good time to explore options and negotiate favorable terms in West Georgetown.
📢 What It Means for Sellers
The market is active but competitive. Price accurately and prep your home well—buyers are willing to pay, but only for properties that show real value and are ready to move in.
💡 Final Thoughts
📊 Real estate is variable based on each micro market’s local economic and demographic factors. Whether you’re buying or selling, the right strategy matters. If we can help you analyze your situation and plan for success in 2025, please reach out. We’d love to chat and help you navigate this evolving market.
ℹ️ Want More Information About Georgetown & Greater Austin Real Estate?
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👨💼 ALEX Associate Broker & ALEX AI Director
🌐 alex.realestate
📞 713.918.9951
📧 george@alex.realestate
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