Austin MLS, Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of all single family sales reported to the Austin Board of Realtors for December 2023, as of January 6. In about 60 seconds know more about the Greater Austin real estate market than almost anyone!

THE ONLY SOURCE

ALEX is the only source of:

(1) Greater Austin Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)

(2) Austin Board of Realtors Specific Monthly Trend Model (Monthly Trend) applied to Greater Austin monthly sales.

MARKET & TREND

1,974 sales:
- Up 6% from the previous month.
- Down 21% from the same month last year.
- Monthly Trend predicted a 13.3% increase from last month.
- Economic and supply/demand impact on sales: The 7.3% negative difference in actual vs predicted sales represents the economic and supply/demand impact on sales.
$1.087 billion total net sales volume:
- Up 7% from the previous month.
- Down 21% from the same month last year.

NET SALE PRICE

$433,238 median:
- Up 5% from the previous month.
- Down 2% from the same month last year.
$212 per square foot median:
- No change from the previous month.
- Down 3% from the same month last year.
$543,015 average:
- Up 1% from the previous month.
- No change from the same month last year.
$247 per square foot average:
- Up 2% from the previous month.
- Up 1% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

7.2% median discount:
- Up 20% from the previous month.
- Down 25% from the same month last year.
10.8% average discount:
- Up 15% from the previous month.
- Down 18% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

60 median days:
- Up 33% from the previous month.
- Up 33% from the same month last year.
87 average days:
- Up 20% from the previous month.
- Up 42% from the same month last year.

LUXURY INSIGHTS

$4,785,000 high net sale:
- Down 63% from the previous month.
- Down 57% from the same month last year.

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

ALEX Studios currently publishes 38 Stat Packs in the Greater Austin area. 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

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ALEX knows more about Greater Austin 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
o 713.918.9951
e diane@alex.realestate

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PS –
Are you an Agent or Broker in Greater Austin?

Do you want to be one of the few armed with the best:
Research & analysis?
Neighborhood/farming area trend and net sale price statistics?
Marketing?
Lead generation?
White Glove Service for your clients and for you and your clients?

Contact me! Diane

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