📢 Manor – February 2025 Single-Family Homes Report
Sales volume saw a steep drop, yet home values remained resilient—how long can that trend continue?
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📊 Market Overview
February 2025 saw 36 homes sold in Manor, well below the expected 69 homes based on January sales and the 17.2% expected monthly trend—a 47.8% shortfall.
Compared to January, sales were down 48.2%, and compared to February last year, down 41.4%. The market slowed sharply, yet pricing stayed fairly steady, and homes sold faster than the previous month.
📄 Sales Details
The total net sales volume was $13.5 million, with an average net sale price of $376,379, median $354,500, and a high of $670,000. The average price per square foot was $186, median $181, and high $274 per SF.
💸 List-to-Sale Discount
The average discount from list price was 1.6%, with a median discount of 1.4%, and the largest discount was 5.2%.
🧾 List Price Breakdown
The average list price was $382,386, median $359,500, and high $685,000.
List price per SF averaged $193, median $199, and high $299 per SF.
📌 Key Market Stats
- 🏠 Total Homes Sold: 36
- 💰 Total Net Sales Volume: $13,485,903
- 💲 Average Net Sale Price: $376,379
- 📊 Median Net Sale Price: $354,500
- 🚀 High Net Sale Price: $670,000
- 📏 Net Price Per SF: $186 (Avg) | $181 (Median) | $274 (High)
- 📉 Net Sale Price MoM Change: +8.4% (Avg) | +3.5% (Median)
- 💲 Average List Price: $382,386
- 📊 Median List Price: $359,500
- 🚀 High List Price: $685,000
- 📐 List Price Per SF: $193 (Avg) | $199 (Median) | $299 (High)
- ⏳ Cumulative Days on Market: 68 (Avg) | 42 (Median)
- 📉 Sales Volume MoM: -48.2%
- 📉 Sales Volume YoY: -41.4%
🏡 What It Means for Buyers
With activity down and listings staying active longer, buyers in Manor have time to explore their options and may find motivated sellers open to negotiation.
📢 What It Means for Sellers
Even though prices held firm, the significant drop in buyer activity means standing out is critical. Sellers should be prepared for longer timelines and make their listings shine.
💡 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 Manor & 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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