West Lake Hills One Minute Real Estate Tour by ALEX.realestate

ALEX Labs just completed analysis of West Lake Hills single family sales reported to the Austin Board of Realtors (ABOR) for September 2023. In about 60 seconds know more about the West Lake Hills real estate market than almost anyone! 

ALEX is the only source of:

(1) 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

• 2 sales is no change from August 2023, and no change from September 2022. 
• $12,150,000 total net sales. A 220% increase from August 2023, and up 30% from September 2022.
• Seasonal Trend predicted a 10% reduction from August 2023. 

LUXURY INSIGHTS

• $10,050,000 high net sale price was up 323% from August 2023, and up 32% from September 2022. 
• $10,499,000 high list price was up 320% from August 2023, and up 31% from September 2022.
• $1,418 high net sale price per SF was up 132% from August 2023, and 12% from September 2022.
• $1,482 high list price per SF was up 116% from August 2023, and up 12% from September 2022.

KEY STATISTICS

• Median Cumulative Days on Market: 166, up 221% from August 2023, and a 130% increase from September 2022.
• Median Net Sale Price: $6,072,000, up 220% from August 2023, and up 30% from September 2022.
• Median Net Sale $ per Square Foot: $1,095, up 81% from August 2023, and an 11% increase year-over-year.
• Median Net Sale $ % Discount from List Price: 3.8%, marking an 83% decrease from August 2023, and an 80% decrease from September 2022.

ALEX REAL ESTATE STAT PACKS

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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

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, Senior Partner
Alexander Tiffany Southwest dba ALEX.realestate
v 214.886.0816
o 713.918.9951
e aaron@alex.realestate
w https://aaronalexander.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, 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