Exploring April’s Surging Real Estate Trends in Greater Austin by ALEX.realestate

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

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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 45?Markets.

HIGHLIGHTS

1. Sales: 2,766 total sales. Up 6% from the previous month. Up 11% from the same month last year.
2. Trend. Actual Monthly Trend: +6%. Projected Monthly Trend: -2.12%. Sales Net of Monthly Trend: +8.12% ABOVE.
3. Net Sale Price per SF: $261.83. Up 4% from the previous month. No change from the same month last year.
4. Net Sale $ % Discount from List $: -5.5%. Down 17% from the previous month. Down 26% from the same month last year.
5. Cumulative Days from Listing to Escrow: 70 average days. Down 13% from the previous month. Down 1% from the same month last year. ?ALEX knows more about?Greater Austin?than just about anybody. If you have any questions, I am always here. Just call, text, or email me.