Greater Austin (Austin MLS)- Sales up 25 percent exceeding expected trend in Feb 2024 by ALEX.realestate

ALEX Labs ?just completed analysis of?Greater Austin ?single family sales, reported to the Austin Board of Realtors,?for February?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 45?Markets in the?Greater Austin ?Area.

(4) Comparing % change in number of sales month over month to Monthly Trend .?

HIGHLIGHTS

1. SALES:?2,092?total sales: Up 25% from the previous month. Up 4% from the same month last year.
2. MONTHLY TREND : Predicted a 23.2% INCREASE from the previous month.
3. SALES NET OF?MONTHLY TREND : A 1.8% POSITIVE?difference in actual vs predicted sales.
4. NET SALE PRICE PER SF: $215?per square foot median: Up 2%?from the previous month. No change?from the same month last year.
5. NET SALE PRICE DISCOUNT FROM LIST PRICE: 5.0% median discount: Down 29% from the previous month. Down 39%?from the same month last year.
6. CUMULATIVE DAYS FROM LISTING TO ESCROW: 66?median?days: Up 5% from the previous month. Up 6% from the same month last year. Want to see all the statistics?? View, listen to or download the full Report .

ALEX Studios ?publishes over 45?Stat Packs ?in the Greater Austin area including Greater Austin .?View all areas and select what you would like .

If you are interested in an area we do not publish please let me know! Or if you have any questions I’m always available!?

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

Are you an Agent or Broker in?Greater Austin ??

This is?NOT?a large number of agents game for us. For example, in Greater Austin we will accept up to 85?agents and/or brokers.

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