West Lake Hills, Oct 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

by swpre-chime-me

ALEX Labs just completed analysis of West Lake Hills 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 West Lake Hills real estate market than almost anyone!

THE ONLY SOURCE

ALEX is the only source of:

(1) West Lake Hills 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 West Lake Hills monthly sales.

SEASONAL TREND

2 sales:
- No change from the previous month.
- No change from the same month last year.
- Seasonal Trend predicted a 3.47% reduction from September 2023.
$12.15 million total net sales volume:
- Up 220% from the previous month.
- Up 30% from the same month last year.

NET SALE PRICE

$6,072,000 median:
- Up 220% from the previous month.
- Up 30% from the same month last year.
$1,095 per square foot median:
- Up 81% from the previous month.
- Up 11% from the same month last year.
$6,072,000 average:
- Up 220% from the previous month.
- Up 30% from the same month last year.
$1,095 per square foot average:
- Up 81% from the previous month.
- Up 11% from the same month last year.

NET SALE PRICE DISCOUNT FROM LIST PRICE

3.8% median discount:
- Down 83% from the previous month.
- Down 80% from the same month last year.
3.8% average discount:
- Down 83% from the previous month.
- Down 80% from the same month last year.

CUMULATIVE DAYS FROM LISTING TO ESCROW

166 median days:
- Up 221% from the previous month.
- Up 130% from the same month last year.
166 average days:
- Up 221% from the previous month.
- Up 130% from the same month last year.

LUXURY INSIGHTS

$10,050,000 high net sale:
- Up 323% from the previous month.
- Up 32% from the same month last year.
$1,418 high net sale per SF:
- Up 132% from the previous month.
- Up 12% 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! Aaron.

This image has an empty alt attribute; its file name is AlexLogo-with-Slate-Background.001-1024x576.jpeg

ALEX knows more about West Lake Hills 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
v 214-886-0816
t 512-824-0024
e aaron@alex.realestate
w 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 West Lake Hills and want to be one of the few armed with the best research including West Lake Hills net sales statistics and trend, analysis, marketing and White Glove Service for your clients and for you contact me! Aaron

SUMMARY TABLE