✅ FULL REPORT
📢 East Georgetown (78626) – February 2025 Single-Family Homes Report
Closings dipped in February, but buyers are still paying a premium per square foot—especially for newer or upgraded homes.
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📊 Market Overview
February 2025 saw 21 homes sold in East Georgetown (78626), falling short of the expected 25 homes based on January’s sales and a 17.2% monthly sales trend—a 16% shortfall.
Sales were down 8.4% month-over-month, and 32.9% below February 2024. Despite lower volume, home values held up, and price per square foot continued to rise.
📄 Sales Details
The total net sales volume was $11.2 million, with an average net sale price of $528,435, median $480,000, and high of $949,990.
Price per square foot averaged $220, with median $214, and high $297 per SF.
💸 List-to-Sale Discount
Homes sold at an average discount of 3.7% from list price. The median discount was 3.6%, with the deepest discount reaching 9.4%.
🧾 List Price Breakdown
The average list price was $548,408, median $497,800, and high of $1,040,000.
List price per square foot averaged $251, median $224, and high $522 per SF.
📌 Key Market Stats
- 🏠 Total Homes Sold: 21
- 💰 Total Net Sales Volume: $11,203,020
- 💲 Average Net Sale Price: $528,435
- 📊 Median Net Sale Price: $480,000
- 🚀 High Net Sale Price: $949,990
- 📏 Net Price Per SF: $220 (Avg) | $214 (Median) | $297 (High)
- 📉 Net Sale Price MoM Change: -7.4% (Avg) | -0.4% (Median)
- 💲 Average List Price: $548,408
- 📊 Median List Price: $497,800
- 🚀 High List Price: $1,040,000
- 📐 List Price Per SF: $251 (Avg) | $224 (Median) | $522 (High)
- ⏳ Cumulative Days on Market: 97 (Avg) | 89 (Median)
- 📉 Sales Volume MoM: -8.4%
- 📉 Sales Volume YoY: -32.9%
🏡 What It Means for Buyers
Buyers have a better shot at negotiating in East Georgetown right now, with homes sitting longer and price flexibility returning. Those looking under $500K will find more leverage.
📢 What It Means for Sellers
Even with fewer closings, prices remain healthy—especially on a per-SF basis. Sellers with upgraded homes or strong finishes are outperforming the market.
💡 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 East 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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