ALEX Labs just completed analysis of Dripping Springs 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 Dripping Springs real estate market than almost anyone!
THE ONLY SOURCE
ALEX is the only source of:
(1) Dripping Springs 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 Dripping Springs monthly sales.
- 20 sales:
- Down 49% from the previous month.
- Down 39% from the same month last year.
- Seasonal Trend predicted a 6.41% reduction from last month.
- $15 million total net sales volume:
- Down 54% from the previous month.
- Down 43% from the same month last year.
NET SALE PRICE
- $658,665 median:
- Down 2% from the previous month.
- Down 5% from the same month last year.
- $256 per square foot median:
- No change from the previous month.
- Down 7% from the same month last year.
- $737,608 average:
- Down 12% from the previous month.
- Down 6% from the same month last year.
- $279 per square foot average:
- Down 3% from the previous month.
- Down 2% from the same month last year.
NET SALE PRICE DISCOUNT FROM LIST PRICE
- 4.5% median discount:
- Down 42% from the previous month.
- Down 12% from the same month last year.
- 10.4% average discount:
- Down 14% from the previous month.
- Up 45% from the same month last year.
CUMULATIVE DAYS FROM LISTING TO ESCROW
- 56 median days:
- Down 12% from the previous month.
- Up 32% from the same month last year.
- 71 average days:
- Down 30% from the previous month.
- Up 12% from the same month last year.
LUXURY INSIGHTS
- $1,725,000 high net sale:
- Down 9% from the previous month.
- Down 26% from the same month last year.
- $695 high net sale per SF:
- Up 30% from the previous month.
- Up 20% 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 Dripping Springs 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 – Are you a Dripping Springs real estate agent or broker? Do you want to be one of the few armed with the best seller and buyer lead generation, marketing, research, analysis including neighborhood / farming area trend and net sale price statistics? 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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