Spicewood, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of Spicewood single family sales, reported to the Austin Board of Realtors, for October 2023, as of November 2. In about 60 seconds, know more about the Spicewood real estate market than almost anyone! 


THE ONLY SOURCE

ALEX is the only source of:

(1) Spicewood 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 monthly sales.


SEASONAL TREND

  • 12 sales:
    • No change from the previous month.
    • Down 37% from the same month last year.
    • Seasonal Trend predicted a 3.47% reduction from September 2023.
  • $14.6 million total net sales volume:
    • Up 9% from the previous month.
    • Down 42% from the same month last year.

NET SALE PRICE

  • $754,857 median:
    • Down 25% from the previous month.
    • Down 24% from the same month last year.
  • $283 per square foot median:
    • Down 23% from the previous month.
    • Down 17% from the same month last year.
  • $1,209,421 average:
    • Up 9% from the previous month.
    • Down 8% from the same month last year.
  • $345 per square foot average:
    • Down 3% from the previous month.
    • Down 8% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

  • 5.9% median discount:
    • Up 759% from the previous month.
    • Down 33% from the same month last year.
  • 12.2% average discount:
    • Up 241% from the previous month.
    • Down 10% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

  • 97 median days:
    • Up 137% from the previous month.
    • Up 76% from the same month last year.
  • 119 average days:
    • Up 12% from the previous month.
    • Up 81% from the same month last year.

LUXURY INSIGHTS

  • $2,747,500 high net sale:
    • Up 14% from the previous month.
    • Down 29% from the same month last year.
  • $632 high net sale per SF:
    • Up 18% from the previous month.
    • Down 4% from the same month last year.

ALEX REAL ESTATE STAT PACKS

Get any or all Stat Packs

ALEX Studios currently publishes 40 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 Spicewood than just about anybody.

If you have any questions, I am always here. Just call, text or email me.

Aaron Alexander, BA, CLHMS, ABR
Senior Partner ALEX.realestate
Board Member ALEX Cares
214-886-0816
512-824-0024 
aaron@alex.realestate
https://aaronalexander.alex.realestate/


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

PS – If you are an Agent or Broker in Spicewood and want to be one of the few armed with the best research, analysis, marketing and White Glove Service for your clients and for you contact me! Aaron

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

HIGH LIST PRICE & HIGH NET SALE PRICE*

PROJECT TEAM

Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead

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Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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