Caldwell County, Feb 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of all Caldwell County single family sales reported to the Austin Board of Realtors for February 2024. In about 60 seconds know more about the Caldwell County real estate market than almost anyone! 

NOTE: Caldwell 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) Caldwell 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 Caldwell 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

28 total sales:
Up 155% from the previous month. Up 155% from the same month last year.

Monthly Trend: Predicted a 23.2% INCREASE from the previous month.

Sales Net of Monthly Trend: 131.8% POSITIVE difference in actual vs predicted sales.

$10,780,400 total net sales volume:
Up 75% from the previous month. Up 184% from the same month last year.

NET SALE PRICE

$382,327 average:
Down 31% from the previous month. Up 13% from the same month last year.

$207 per square foot average:
Down 11% from the previous month. Up 14% from the same month last year.

$282,049 median:
Down 9% from the previous month. Down 2% from the same month last year.

$185 per square foot median:
Up 7% from the previous month. Down 1% from the same month last year.

LIST PRICE

$406,557 average:
Down 34% from the previous month. Up 13% from the same month last year.

$218 per square foot average:
Down 14% from the previous month. Up 9% from the same month last year.

$292,945 median:
Down 8% from the previous month. Down 11% from the same month last year.

$186 per square foot median:
Up 2% from the previous month. Down 5% from the same month last year.

NET SALE $ % DISCOUNT FROM LIST $

9.3% average discount:
Up 17% from the previous month. Down 15% from the same month last year.

3.5% median discount:
Up 58% from the previous month. Up 919% from the same month last year.
NOTE: The calculation is correct. Last February the median was over 12% above list!

CUMULATIVE DAYS FROM LISTING TO ESCROW

79 average days:
Up 11% from the previous month. Up 89% from the same month last year.

49 median days:
Up 88% from the previous month. Up 40% from the same month last year.

LUXURY INSIGHTS

$2,500,000 high net sale:
Up 87% from the previous month. Up 291% from the same month last year.

$641 per square foot high net sale:
Up 42% from the previous month. Up 160% from the same month last year.
NOTE: We do not audit ABOR data. We assume this unusual number (spike) in Feb 2024 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

ALEX Studios currently publishes over 45 Stat Packs in the Greater Austin area including Caldwell 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 Caldwell 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 Caldwell County? 

This is NOT a large number of agents game for us. For example, in Caldwell County we will accept up to 4 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

TOTAL NUMBER OF SALES

TOTAL NET SALES* VOLUME

NET SALE PRICE* PER SF

NET SALE PRICE* PER HOME

We do not audit ABOR data. We assume these unusual number (spike) for Jan 2024 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

LIST PRICE PER SF

LIST PRICE PER HOME

We do not audit ABOR data. We assume the unusual number (spike) in Jan 2024 is probably due to a Listing Agent misclassifying a property as “Single Family Residential”

HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF

We do not audit ABOR data. We assume the unusual numbers (spike) in 3 different months 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 numbers (spike) in 3 different months are 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