ALEX Labs just completed analysis of all Bell County single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the Bell County real estate market than almost anyone!
NOTE: Bell County is served by more than one MLS. ALEX Labs suggests the trends and statistics for the Austin MLS are valid for the total market.
THE ONLY SOURCE
ALEX is the only source of:
(1) Bell County Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)
(2) Austin Board of Realtors Monthly Trend Model (Monthly Trend) applied to Bell County monthly sales.
(3) Monthly Net Sales and Other Key Statistics for over 40 Markets in the Greater Austin Area.
(4) Comparing % change in number of sales month over month to Monthly Trend. Georgetown comparative analysis.
MARKET & TREND
77 total sales:
Up 45% from the previous month. Up 26% from the same month last year.
Monthly Trend: Predicted a 23.2% INCREASE from the previous month.
Sales Net of Monthly Trend: 21.8% POSITIVE difference in actual vs predicted sales.
$26,883,865 total net sales volume:
Up 51% from the previous month. Up 38% from the same month last year.
NET SALE PRICE
$343,320 average:
Up 4% from the previous month. Up 9% from the same month last year.
$163 per square foot average:
Down 1% from the previous month. Up 10% from the same month last year.
$280,000 median:
No change from the previous month. Up 2% from the same month last year.
$162 per square foot median:
Up 1% from the previous month. Up 17% from the same month last year.
LIST PRICE
$358,938 average:
Up 3% from the previous month. Up 9% from the same month last year.
$170 per square foot average:
Down 2% from the previous month. Up 10% from the same month last year.
$290,000 median:
No change from the previous month. Up 2% from the same month last year.
$169 per square foot median:
Up 2% from the previous month. Up 17% from the same month last year.
NET SALE $ % DISCOUNT FROM LIST $
7.1% average discount:
Down 1% from the previous month. Up 23% from the same month last year.
5.2% median discount:
Up 50% from the previous month. Up 99% from the same month last year.
CUMULATIVE DAYS FROM LISTING TO ESCROW
71 average days:
Up 15% from the previous month. Up 39% from the same month last year.
56 median days:
Up 30% from the previous month. Up 56% from the same month last year.
LUXURY INSIGHTS
$1,100,000 high net sale:
Up 6% from the previous month. Up 22% from the same month last year.
$310 per square foot high net sale:
Up 3% from the previous month. Up 3% from the same month last year.
ALEX REAL ESTATE STAT PACKS
ALEX Studios currently publishes over 45 Stat Packs in the Greater Austin area including Bell County. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane
ALEX knows more about Bell County than just about anybody.
If you have any questions, I am always here. Just call, text or email me.
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate
Are you an Agent or Broker in Bell County?
This is NOT a large number of agents game for us. For example, in Bell County we will accept up to 6 agents and/or brokers.
Do you want to work with a Broker in the top 2% of Zillow globally who is willing to help you with farming area targeting, lead generation, lead nurturing and lead conversion?
Would you like to be armed with the best and most powerful tools including Stat Packs and 1 Minute Tours?
Want to know more about ALEX or ALEX Partner positions?
Contact me! Diane
SUMMARY TABLE
DAYS FROM LISTING TO ESCROW
NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE
We do not audit ABOR data. We assume the unusual number for Oct 2022 is related to an ABOR coding issue
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
We do not audit ABOR data. We assume the unusual numbers (spikes) for Mar 2022 and Dec 2022 are probably due to Listing Agents misclassifying properties as “Single Family Residential”
HIGH LIST PRICE & HIGH NET SALE PRICE*
We do not audit ABOR data. We assume the unusual number (spike) for Mar 2022 is probably due to Listing Agents misclassifying properties as “Single Family Residential”
PROJECT TEAM
Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead
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