Austin MLS Jan 2024 Real Estate Statistics by ALEX.realestate

Austin MLS Jan 2024 Real Estate Statistics by ALEX.realestate

ALEX Labs?just completed analysis of?all?single family sales, reported to the Austin Board of Realtors,?

for January?2024. In about 60 seconds, know more about the?Greater Austin?real estate market than almost anyone!?


View, listen to or download the full Report.

ALEX is the?only source?of:

(1)?Greater Austin?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?Greater Austin?monthly sales.

(3) Monthly?Net Sales and Other Key Statistics?for over 40 Markets in the?Greater Austin?Area.

(4) Comparative?Monthly Trend?and other analysis of multiple Markets in the?Greater Austin?Area.?Georgetown comparative analysis?initiated last month. Adding Round Rock and the Austin Counties this month comparing?Bastrop,?Bell,?Burnet,?Caldwell,?Hays,?Travis?and?Williamson?Counties.


HIGHLIGHTS

  1. 1,678?sales: down 15% from last month, and up 8% from same month last year.?Monthly Trend predicted a 30.9% DECREASE?from last month
  2. $210?median net sale price?per SF: down 1%?from last month, and down 3% from same month last year
  3. 7.0% median discount from list price to net sale price: down 3% from last month, and down?27% from same month last year
  4. 63?median cumulative days on market: up 5% from last month, and up 13% from same month last year

Want to see all the statistics??View, listen to or download the full Report.

PS?– Do you know a great agent or broker, or are you a great Agent?or Broker?in Greater Austin??

Want to?be one of the few?armed with the best, unique and most powerful tools;?or,?do you want to one of the many with the same stuff?

Interested in being one of the few?? Contact me!

Exploring the vibrant Austin real estate market truly reflects the essence of growth and transformation. As Henry David Thoreau once said - Success usually comes to those who are too busy to be looking for it. ???? Keep pushing boundaries and setting benchmarks! ?? #InspirationInRealEstate #AustinRealEstateExcellence

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Leonard Rice

Builder Sales Consultant supporting Builders in New Home Construction and Sales.

9 个月

No bull, no chatter, just data that matters. Check your local market for details.

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Looks like the real estate market in Greater Austin is cooling off a bit this month.

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