Is Georgetown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Georgetown has remained a Seller's Market.
Housing Prices in Georgetown, TX
How much do homes in Georgetown, TX cost?
Median Sold Price
$448,412
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Georgetown was $448,412 in April 2024, down 1.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $391.2K | $445K | +13.7% |
2 Bedrooms | $410K | $387.6K | -5.4% |
3 Bedrooms | $429.8K | $399.9K | -7.0% |
4 Bedrooms | $500K | $505K | +1.0% |
5+ Bedrooms | $625.4K | $637.5K | +1.9% |
Summary: Georgetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
Round Rock | $440K | $444.6K | +1.0% |
Georgetown | $454.9K | $448.4K | -1.4% |
Round Rock-Georgetown | $491.2K | $460.4K | -6.3% |
Leander | $499.9K | $467.2K | -6.5% |
Housing Supply in Georgetown, TX
How many homes are available in Georgetown, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
979 | 1,063 | +8.6% |
Summary: The Georgetown real estate market had 1,063 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 171 | 193 | +12.9% |
3 Bedrooms | 340 | 390 | +14.7% |
4 Bedrooms | 378 | 386 | +2.1% |
5+ Bedrooms | 89 | 92 | +3.4% |
Summary: The Georgetown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
200 | 198 | -1.0% |
Asking Price vs. Sold Price
115 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 198 homes were sold or pending in Georgetown in April 2024, down by 1.0% month-over-month. Of the 198 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Georgetown, TX
How long does it take to sell a home in Georgetown, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 56 Days | -16.2% |
Summary: Homes in Georgetown had an average of 56 days on market in Apr 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
108 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During April 2024, 198 homes were sold in Georgetown; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.