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

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

THE ONLY SOURCE

ALEX is the only source of:

(1) Leander 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 Leander monthly sales.

(3) Monthly Net Sales and Other Key Statistics for over 45 Markets in the Greater Austin Area.

(4) Comparing % change in number of sales month over month to  Monthly Trend. Georgetown comparative analysis.

MARKET & TREND

93 total sales:
Down 4% from the previous month. Down 28% from the same month last year.

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

Sales Net of Monthly Trend: 19.2% NEGATIVE difference in actual vs predicted sales.

$50,163,215 total net sales volume:
Down 15% from the previous month. Down 27% from the same month last year.

NET SALE PRICE

$531,816 average:
Down 10% from the previous month. Up 2% from the same month last year.

$210 per square foot average:
Down 5% from the previous month. Down 1% from the same month last year.

$474,000 median:
Down 12% from the previous month. Up 3% from the same month last year.

$201 per square foot median:
Down 7% from the previous month. Down 3% from the same month last year.

LIST PRICE

$556,254 average:
Down 11% from the previous month. Up 1% from the same month last year.

$220 per square foot average:
Down 5% from the previous month. Down 1% from the same month last year.

$489,990 median:
Down 16% from the previous month. Down 1% from the same month last year.

$209 per square foot median:
Down 8% from the previous month. Down 4% from the same month last year.

NET SALE $ % DISCOUNT FROM LIST $

5.7% average discount:
Down 33% from the previous month. Down 47% from the same month last year.

5.5% median discount:
Down 27% from the previous month. Down 33% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

68 average days:
Down 4% from the previous month. Down 9% from the same month last year.

40 median days:
Down 30% from the previous month. Down 17% from the same month last year.

LUXURY INSIGHTS

$1,260,997 high net sale:
Down 35% from the previous month. Up 5% from the same month last year.

$501 per square foot high net sale:
Up 3% from the previous month. Up 26% from the same month last year.

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 Leander. 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 Leander area 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 Leander? 

This is NOT a large number of agents game for us. For example, in Leander we will accept up to 2 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

LIST PRICE PER SF

LIST PRICE PER HOME

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

Note: We do not audit ABOR data. We assume these unusual numbers (spikes) in May and Oct 2022 are probably due to Listing Agents misclassifying properties as “Single Family Residential”

HIGH LIST PRICE & HIGH NET SALE PRICE*

Note: We do not audit ABOR data. We assume these unusual numbers (spikes) in May 2022 and Jan 2023 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