Austin MLS, Nov 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 November 2023 as of December 2. 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 Seasonal Trend Model (Seasonal Trend) applied to Greater Austin monthly sales.

SEASONAL TREND

1,860 sales:
- Down 16% from the previous month.
- Down 9% from the same month last year.
- Seasonal Trend predicted a 6.41% reduction from last month.
$1.013 billion total net sales volume:
- Down 20% from the previous month.
- Down 13% from the same month last year.

NET SALE PRICE

$413,580 median:
- Down 4% from the previous month.
- Down 8% from the same month last year.
$212 per square foot median:
- Down 2% from the previous month.
- Down 6% from the same month last year.
$538,042 average:
- Down 4% from the previous month.
- Down 5% from the same month last year.
$242 per square foot average:
- Down 2% from the previous month.
- Down 6% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

6.0% median discount:
- Up 12% from the previous month.
- Down 28% from the same month last year.
9.4% average discount:
- Up 15% from the previous month.
- Down 18% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

45 median days:
- Up 5% from the previous month.
- Up 30% from the same month last year.
73 average days:
- Up 8% from the previous month.
- Up 50% from the same month last year.

LUXURY INSIGHTS

$12,850,000 high net sale:
- Up 12% from the previous month.
- Up 61% from the same month last year.
$1,499 per square foot high net sale:
- Up 14% from the previous month.
- Down 30% 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

Be One of the Few Not One of the Many with ALEX.realestate

PS – If you are an Agent or Broker in Greater Austin and want to be one of the few armed with the best research, analysis including neighborhood/farming area trend and net sale price statistics, marketing, lead generation, and White Glove Service for your clients and for you contact me! Diane

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