MARKET STUDY All analysis covers resale homes only. New construction appears once, in its own section. Click any dot on the map for that sale.
Resale sales, 180 days
1,047
single-family resale homes
Median net sale price
$417,100
average $509,165
Median net price per SF
$203
average $218
Median days on market
46 days
average 77 days
1. SummaryResale homes · 1,047 sales · May 4, 2026 – October 30, 2026
This study looks at the 1,047 resale homes sold in Georgetown in the 180 days to October 30, 2026. New construction is left out and shown on its own in section 7. The homes are compared four ways: by price, by living area, by year built and with or without a view. The first three are split into four equal groups (quartiles), each named by its range.
Each comparison has its own section (3–6) with everything about it in one place: the key differences, a table of every measure at a glance, the charts and the numbers.
2. Where the resale homes sold1,047 resale homes · colored by price range
Each dot is one resale home, colored by its price range. The map is drawn around the middle 99% of sales; 20 sales with map points far outside the area are left off it (they stay in every figure). Use the buttons to show one price range at a time. Click a dot for that sale: address, close date, original and last list price, net sale price, living area, net sale per SF and days on market. Scroll or pinch to zoom.
3. Quartiles by net sale priceResale homes · 1,047 sales · May 4, 2026 – October 30, 2026
Sales ranked by net sale price and cut into four equal groups. This is the usual way to read a market by price.
Bottom line
Homes over $573K are about 1,630 SF (104%) larger than homes under $334K.
71% of homes over $573K have a view, against 25% of homes under $334K.
Homes over $573K sell for about $95 per SF (50%) more than homes under $334K.
39% of homes over $573K had a price cut before sale, against 57% of homes under $334K.
3.1 Key differences
The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.
Under $334K$334K–$417K$418K–$573KOver $573K
Higher-priced homes Over $573K
Are much larger.
Are more likely to have a view.
Sell for more per square foot.
Are less likely to need a price cut.
Sell closer to their first asking price.
Lower-priced homes Under $334K
Are much smaller.
Are less likely to have a view.
Sell for less per square foot.
Are more likely to have had a price cut.
Sell further below their first asking price.
3.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Under $334K
$334K–$417K
$418K–$573K
Over $573K
Real difference?
Net price per SF
$190 per SF
$189 per SFLowest
$208 per SF
$285 per SFHighest
✓ large
Living area
1,567 SFSmallest
2,046 SF
2,390 SF
3,199 SFLargest
✓ large
Year built
2006
2014
2015
2012
unclear
Days on market
48 days
51 days
43 days
41 days
unclear
Discount from original list
8.4%Biggest
6.0%
5.7%Smallest
6.2%
✓ small
Price cut before sale
57%Most
52%
49%
39%Fewest
✓ small
Seller paid closing costs or repairs
64%
63%
65%
56%
unclear
Has a view
25%Fewest
34%
41%
71%Most
✓ medium
How to read this section. Each heading gives the finding. The gold box says whether the gap is real (✓, with its size) or could be chance (–). The section ends with its numbers; the tests are in section 8.3.
3.3 Homes over $573K sell for about $95 per SF (50%) more than homes under $334K
The average is $285 per SF for homes over $573K and $190 per SF for homes under $334K. It does not move in a straight line; homes over $573K are highest. Defined in 8.1.2.
✓ Real difference · large
3.4 Homes over $573K are about 1,630 SF (104%) larger than homes under $334K
The average is 3,199 SF for homes over $573K and 1,567 SF for homes under $334K. It rises step by step from the lowest range to the highest. Defined in 8.1.3.
✓ Real difference · large
3.5 Year built: no clear difference
The median is 2012 for homes over $573K and 2006 for homes under $334K. It does not move in a straight line; homes $418K–$573K are highest. Defined in 8.1.4.
– No clear difference · could be chance
3.6 Days on market: no clear difference
The median is 41 days for homes over $573K and 48 days for homes under $334K. It does not move in a straight line; homes $334K–$417K are highest. Defined in 8.1.5.
– No clear difference · could be chance
3.7 Homes over $573K sell about 2 percentage points closer to their first asking price than homes under $334K
The average is 6.2% for homes over $573K and 8.4% for homes under $334K. It does not move in a straight line; homes under $334K are highest. Defined in 8.1.6.
✓ Real difference · small
3.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
39% of homes over $573K had a price cut before sale, against 57% of homes under $334K. Defined in 8.1.7.
56% of homes over $573K had the seller pay closing costs or repairs, against 64% of homes under $334K. Defined in 8.1.8.
71% of homes over $573K have a view, against 25% of homes under $334K. Defined in 8.1.9.
Price cut before sale: ✓ Real difference · small
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: ✓ Real difference · medium
3.9 The numbers: price and size
Under $334K262 sales
$334K–$417K262 sales
$418K–$573K261 sales
Over $573K262 sales
All1,047 sales
Real difference?
Net sale price average
$291,023
$374,807
$484,715
$886,021
$509,165
by design
Net price per SF average
$190
$189
$208
$285
$218
✓ large
Living area average
1,567
2,046
2,390
3,199
2,300
✓ large
Year built median
2006
2014
2015
2012
2012
unclear
3.10 The numbers: selling
Under $334K262 sales
$334K–$417K262 sales
$418K–$573K261 sales
Over $573K262 sales
All1,047 sales
Real difference?
Days on market median
48
51
43
41
46
unclear
Discount from original list average
8.4%
6.0%
5.7%
6.2%
6.6%
✓ small
Price cut before sale
57%
52%
49%
39%
49%
✓ small
Seller paid closing costs or repairs
64%
63%
65%
56%
62%
unclear
Has a view
25%
34%
41%
71%
43%
✓ medium
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.1.
4. Quartiles by living areaResale homes · 1,047 sales · May 4, 2026 – October 30, 2026
Sales ranked by living area and cut into four equal groups, from the smallest homes to the largest.
Bottom line
Homes over 2,689 SF sell for about $498K (158%) more than homes under 1,712 SF.
55% of homes over 2,689 SF have a view, against 33% of homes under 1,712 SF.
Homes over 2,689 SF are about 9 years newer than homes under 1,712 SF.
Homes over 2,689 SF sell for about $14 per SF (6%) more than homes under 1,712 SF.
4.1 Key differences
The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.
Under 1,712 SF1,712–2,145 SF2,146–2,689 SFOver 2,689 SF
Larger homes Over 2,689 SF
Sell for much more.
Are more likely to have a view.
Tend to be newer.
Sell for more per square foot.
Smaller homes Under 1,712 SF
Sell for much less.
Are less likely to have a view.
Tend to be older.
Sell for less per square foot.
4.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Under 1,712 SF
1,712–2,145 SF
2,146–2,689 SF
Over 2,689 SF
Real difference?
Net sale price
$316KLowest
$406K
$499K
$814KHighest
✓ large
Net price per SF
$221 per SF
$210 per SF
$205 per SFLowest
$235 per SFHighest
✓ small
Year built
2005Oldest
2008
2016Newest
2014
✓ small
Days on market
45 days
46 days
44 days
52 days
unclear
Discount from original list
7.2%
5.7%
6.4%
6.9%
unclear
Price cut before sale
52%
49%
50%
45%
unclear
Seller paid closing costs or repairs
61%
64%
67%
57%
unclear
Has a view
33%Fewest
44%
40%
55%Most
✓ small
4.3 Homes over 2,689 SF sell for about $498K (158%) more than homes under 1,712 SF
The average is $814K for homes over 2,689 SF and $316K for homes under 1,712 SF. It rises step by step from the lowest range to the highest. Defined in 8.1.1.
✓ Real difference · large
4.4 Homes over 2,689 SF sell for about $14 per SF (6%) more than homes under 1,712 SF
The average is $235 per SF for homes over 2,689 SF and $221 per SF for homes under 1,712 SF. It does not move in a straight line; homes over 2,689 SF are highest. Defined in 8.1.2.
✓ Real difference · small
4.5 Homes over 2,689 SF are about 9 years newer than homes under 1,712 SF
The median is 2014 for homes over 2,689 SF and 2005 for homes under 1,712 SF. It does not move in a straight line; homes 2,146–2,689 SF are highest. Defined in 8.1.4.
✓ Real difference · small
4.6 Days on market: no clear difference
The median is 52 days for homes over 2,689 SF and 45 days for homes under 1,712 SF. It does not move in a straight line; homes over 2,689 SF are highest. Defined in 8.1.5.
– No clear difference · could be chance
4.7 Discount from original list: no clear difference
The average is 6.9% for homes over 2,689 SF and 7.2% for homes under 1,712 SF. It does not move in a straight line; homes under 1,712 SF are highest. Defined in 8.1.6.
– No clear difference · could be chance
4.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
45% of homes over 2,689 SF had a price cut before sale, against 52% of homes under 1,712 SF. Defined in 8.1.7.
57% of homes over 2,689 SF had the seller pay closing costs or repairs, against 61% of homes under 1,712 SF. Defined in 8.1.8.
55% of homes over 2,689 SF have a view, against 33% of homes under 1,712 SF. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: ✓ Real difference · small
4.9 The numbers: price and size
Under 1,712 SF261 sales
1,712–2,145 SF263 sales
2,146–2,689 SF260 sales
Over 2,689 SF263 sales
All1,047 sales
Real difference?
Net sale price average
$315,971
$406,118
$498,939
$814,045
$509,165
✓ large
Net price per SF average
$221
$210
$205
$235
$218
✓ small
Living area average
1,457
1,929
2,429
3,382
2,300
by design
Year built median
2005
2008
2016
2014
2012
✓ small
4.10 The numbers: selling
Under 1,712 SF261 sales
1,712–2,145 SF263 sales
2,146–2,689 SF260 sales
Over 2,689 SF263 sales
All1,047 sales
Real difference?
Days on market median
45
46
44
52
46
unclear
Discount from original list average
7.2%
5.7%
6.4%
6.9%
6.6%
unclear
Price cut before sale
52%
49%
50%
45%
49%
unclear
Seller paid closing costs or repairs
61%
64%
67%
57%
62%
unclear
Has a view
33%
44%
40%
55%
43%
✓ small
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.2.
5. Quartiles by year builtResale homes · 1,047 sales · May 4, 2026 – October 30, 2026
Sales ranked by year built and cut into four groups, from the oldest to the newest. Homes built in the same year always stay in the same group, so group sizes can differ a little.
Bottom line
58% of homes built after 2019 had a price cut before sale, against 49% of homes built before 2000.
41% of homes built after 2019 have a view, against 42% of homes built before 2000.
Homes built after 2019 are about 280 SF (13%) larger than homes built before 2000.
Homes built after 2019 sell for about $24 per SF (10%) less than homes built before 2000.
5.1 Key differences
The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.
Before 20002000–20112012–2019After 2019
Newer homes After 2019
Are more likely to have had a price cut.
Are less likely to have a view.
Are larger.
Sell for less per square foot.
Take longer to sell.
Older homes Before 2000
Are less likely to need a price cut.
Are more likely to have a view.
Are smaller.
Sell for more per square foot.
Sell faster.
5.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Before 2000
2000–2011
2012–2019
After 2019
Real difference?
Net sale price
$491K
$488K
$530K
$526K
unclear
Net price per SF
$237 per SFHighest
$211 per SFLowest
$211 per SF
$213 per SF
✓ small
Living area
2,121 SFSmallest
2,245 SF
2,429 SFLargest
2,406 SF
✓ small
Days on market
40 days
37 daysFastest
46 days
62 daysSlowest
✓ small
Discount from original list
7.4%
6.3%
6.3%
6.2%
unclear
Price cut before sale
49%
41%Fewest
49%
58%Most
✓ small
Seller paid closing costs or repairs
60%
62%
66%
60%
unclear
Has a view
42%
52%Most
37%Fewest
41%
✓ small
5.3 Net sale price: no clear difference
The average is $526K for homes built after 2019 and $491K for homes built before 2000. It does not move in a straight line; homes built 2012–2019 are highest. Defined in 8.1.1.
– No clear difference · could be chance
5.4 Homes built after 2019 sell for about $24 per SF (10%) less than homes built before 2000
The average is $213 per SF for homes built after 2019 and $237 per SF for homes built before 2000. It does not move in a straight line; homes built before 2000 are highest. Defined in 8.1.2.
✓ Real difference · small
5.5 Homes built after 2019 are about 280 SF (13%) larger than homes built before 2000
The average is 2,406 SF for homes built after 2019 and 2,121 SF for homes built before 2000. It does not move in a straight line; homes built 2012–2019 are highest. Defined in 8.1.3.
✓ Real difference · small
5.6 Homes built after 2019 take 22 days longer to sell than homes built before 2000
The median is 62 days for homes built after 2019 and 40 days for homes built before 2000. It does not move in a straight line; homes built after 2019 are highest. Defined in 8.1.5.
✓ Real difference · small
5.7 Discount from original list: no clear difference
The average is 6.2% for homes built after 2019 and 7.4% for homes built before 2000. It falls step by step from the lowest range to the highest. Defined in 8.1.6.
– No clear difference · could be chance
5.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
58% of homes built after 2019 had a price cut before sale, against 49% of homes built before 2000. Defined in 8.1.7.
60% of homes built after 2019 had the seller pay closing costs or repairs, against 60% of homes built before 2000. Defined in 8.1.8.
41% of homes built after 2019 have a view, against 42% of homes built before 2000. Defined in 8.1.9.
Price cut before sale: ✓ Real difference · small
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: ✓ Real difference · small
5.9 The numbers: price and size
Before 2000265 sales
2000–2011258 sales
2012–2019279 sales
After 2019245 sales
All1,047 sales
Real difference?
Net sale price average
$491,263
$488,453
$530,394
$526,163
$509,165
unclear
Net price per SF average
$237
$211
$211
$213
$218
✓ small
Living area average
2,121
2,245
2,429
2,406
2,300
✓ small
Year built median
1995
2005
2017
2021
2012
by design
5.10 The numbers: selling
Before 2000265 sales
2000–2011258 sales
2012–2019279 sales
After 2019245 sales
All1,047 sales
Real difference?
Days on market median
40
37
46
62
46
✓ small
Discount from original list average
7.4%
6.3%
6.3%
6.2%
6.6%
unclear
Price cut before sale
49%
41%
49%
58%
49%
✓ small
Seller paid closing costs or repairs
60%
62%
66%
60%
62%
unclear
Has a view
42%
52%
37%
41%
43%
✓ small
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.3.
6. View and no viewResale homes · 1,047 sales · May 4, 2026 – October 30, 2026
Sales where the MLS lists a view (greenbelt or park, trees, golf course, hill country, water and similar) against those listing none or only the neighborhood. 24 sales whose MLS view entry is only “See Remarks” are left out.
Bottom line
Homes with a view sell for about $49 per SF (25%) more than homes without a view.
Homes with a view sell for about $199K (47%) more than homes without a view.
Homes with a view are about 320 SF (15%) larger than homes without a view.
43% of homes with a view had a price cut before sale, against 54% of homes without a view.
6.1 Key differences
The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.
ViewNo view
Homes with a view MLS lists a view
Sell for more per square foot.
Sell for more.
Are larger.
Are less likely to need a price cut.
Sell faster.
Sell closer to their first asking price.
Homes without a view no view listed
Sell for less per square foot.
Sell for less.
Are smaller.
Are more likely to have had a price cut.
Take longer to sell.
Sell further below their first asking price.
6.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
View
No view
Real difference?
Net sale price
$621KHighest
$422KLowest
✓ medium
Net price per SF
$245 per SFHighest
$197 per SFLowest
✓ medium
Living area
2,479 SFLargest
2,161 SFSmallest
✓ small
Year built
2009
2014
unclear
Days on market
39 daysFastest
51 daysSlowest
✓ small
Discount from original list
5.9%Smallest
7.1%Biggest
✓ small
Price cut before sale
43%Fewest
54%Most
✓ small
Seller paid closing costs or repairs
60%
63%
unclear
6.3 Homes with a view sell for about $199K (47%) more than homes without a view
The average is $621K for homes with a view and $422K for homes without a view. Defined in 8.1.1.
✓ Real difference · medium
6.4 Homes with a view sell for about $49 per SF (25%) more than homes without a view
The average is $245 per SF for homes with a view and $197 per SF for homes without a view. Defined in 8.1.2.
✓ Real difference · medium
6.5 Homes with a view are about 320 SF (15%) larger than homes without a view
The average is 2,479 SF for homes with a view and 2,161 SF for homes without a view. Defined in 8.1.3.
✓ Real difference · small
6.6 Year built: no clear difference
The median is 2009 for homes with a view and 2014 for homes without a view. Defined in 8.1.4.
– No clear difference · could be chance
6.7 Homes with a view sell 12 days faster than homes without a view
The median is 39 days for homes with a view and 51 days for homes without a view. Defined in 8.1.5.
✓ Real difference · small
6.8 Homes with a view sell about 1 percentage point closer to their first asking price than homes without a view
The average is 5.9% for homes with a view and 7.1% for homes without a view. Defined in 8.1.6.
✓ Real difference · small
6.9 How often: price cut before sale, seller paid closing costs or repairs
Each bar is the share of homes in the group, in percent.
43% of homes with a view had a price cut before sale, against 54% of homes without a view. Defined in 8.1.7.
60% of homes with a view had the seller pay closing costs or repairs, against 63% of homes without a view. Defined in 8.1.8.
Price cut before sale: ✓ Real difference · small
Seller paid closing costs or repairs: – No clear difference · could be chance
6.10 The numbers: price and size
View450 sales
No view573 sales
All1,023 sales
Real difference?
Net sale price average
$621,099
$422,025
$509,594
✓ medium
Net price per SF average
$245
$197
$218
✓ medium
Living area average
2,479
2,161
2,301
✓ small
Year built median
2009
2014
2011
unclear
6.11 The numbers: selling
View450 sales
No view573 sales
All1,023 sales
Real difference?
Days on market median
39
51
47
✓ small
Discount from original list average
5.9%
7.1%
6.6%
✓ small
Price cut before sale
43%
54%
49%
✓ small
Seller paid closing costs or repairs
60%
63%
62%
unclear
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.4.
7. New constructionBasic statistics · 550 sales · May 4, 2026 – October 30, 2026
Homes sold new by the builder in the same 180 days. They are left out of every other section and shown here as basic figures only: 550 sales, no groups, no tests.
Note: these are only the new-construction sales reported in ABOR MLS. Builders often sell homes without listing them in the MLS, so these figures do not necessarily represent all new-construction sales in Georgetown.
Measure
Average
Median
Sales
550
Net sale price
$524,026
$477,250
Net price per SF
$200
$197
Living area (SF)
2,602
2,539
Days on market
106
73
Discount from original list
10.4%
9.4%
Price cut before sale
68% of sales
Seller paid closing costs or repairs
75% of sales
Year built
2021–2026
Same definitions as the rest of the study (section 8). New construction = NewConstructionYN true, or PropertyCondition “New Construction” or “Under Construction”.
8. AppendixMeasures, methods and tests
Each measure and method three ways: in plain words, as statistics, and with the data from this study.
8.1 Measures
8.1.1 Net sale price
In simple terms
What the seller actually kept: the closing price, less money the seller gave back to the buyer for closing costs or repairs. It is the truest price for comparing homes.
Statistically
Net = ClosePrice − ACTRIS_BuyersClsgCostPdbySell − ACTRIS_RepairsAmount (a blank counts as $0). Summarized by the arithmetic mean in the slices.
The data
1,047 resale sales. Average $509,165; median $417,100; standard deviation $310,181; middle half (25th–75th percentile) $333,856–$573,300; lowest $120,000, highest $4,365,000. 649 sales had a seller payment; their median payment was $5,000.
8.1.2 Net price per SF
In simple terms
Net sale price divided by the heated and cooled square feet. It puts homes of different sizes on the same footing: did buyers pay more for each square foot, not just for more square feet?
Statistically
psf = Net ÷ LivingArea, per sale; summarized by the mean of the per-sale ratios.
The data
1,047 resale sales. Average $218; median $203; standard deviation $79; middle half (25th–75th percentile) $182–$234; lowest $89, highest $1,530.
8.1.3 Living area
In simple terms
The heated and cooled space, as listed in the MLS. Garages and porches are not counted.
Statistically
RESO LivingArea, in square feet. Sales under 400 SF are treated as entry errors and left out.
The data
1,047 resale sales. Average 2,300; median 2,145; standard deviation 833; middle half (25th–75th percentile) 1,712–2,691; lowest 768, highest 11,231.
8.1.4 Year built
In simple terms
The year the home was finished, as listed in the MLS. It shows whether a group leans to older or newer parts of the area.
Statistically
RESO YearBuilt; summarized by the median, with the 25th–75th percentile (middle half) on the charts.
The data
1,047 resale sales. Average 2007; median 2012; standard deviation 16; middle half (25th–75th percentile) 1999–2019; lowest 1875, highest 2026.
8.1.5 Days on market
In simple terms
How many days the home was on the market before the buyer's offer was accepted, counting any earlier listing periods (relists). This is the days on market agents and clients quote.
Statistically
CDOM = max(CumulativeDaysOnMarket, DaysOnMarket, PurchaseContractDate − ListingContractDate). The MLS counter can freeze at a price change, so the contract-date gap is a floor. Summarized by the median, because a few homes that sat for months pull an average up.
The data
1,047 resale sales. Average 77; median 46; standard deviation 93; middle half (25th–75th percentile) 15–105; lowest 0, highest 722. 28 sales went under contract on their listing date (0 days).
8.1.6 Discount from original list
In simple terms
How far below the first asking price the home sold, after seller payments. It measures how much negotiating room sellers gave up. A negative figure means the home sold above its first asking price.
Statistically
Discount % = (OriginalListPrice − Net) ÷ OriginalListPrice × 100, per sale; summarized by the mean.
The data
1,047 resale sales. Average 6.6%; median 5.2%; standard deviation 8.2%; middle half (25th–75th percentile) 2.0%–9.6%; lowest −136.7%, highest 52.0%. 52 sales closed above their first asking price.
8.1.7 Price cut before sale
In simple terms
The asking price was lowered at least once before the home went under contract.
Statistically
Indicator: ListPrice at close < OriginalListPrice. Reported as the share of sales (%).
The data
514 of 1,047 resale sales (49.1%).
8.1.8 Seller paid closing costs or repairs
In simple terms
The seller paid some of the buyer's closing costs or repairs.
Statistically
Indicator: ACTRIS_BuyersClsgCostPdbySell + ACTRIS_RepairsAmount > 0. Reported as the share of sales (%).
The data
649 of 1,047 resale sales (62.0%).
8.1.9 Has a view
In simple terms
The MLS says the home looks over something: a greenbelt or park, trees, golf course, hill country, water and similar.
Statistically
View = the View field holds any entry other than “None”, “Neighborhood” or “See Remarks”. No view = only “None” and/or “Neighborhood”. A record whose only entry is “See Remarks” cannot be classified and is left out of the view slice.
The data
450 sales with a view, 573 without, 24 unclassified. Most common View entries: None 357, Neighborhood 302, Park/Greenbelt 223, Trees/Woods 213, Hill Country 61, Golf Course 52, See Remarks 42, Panoramic 31.
8.2 Methods
8.2.1 Data source
In simple terms
Every figure comes from the Austin Board of REALTORS® MLS, read live by ALEX. No figure is estimated or typed in.
Statistically
ABOR MLS via secure APIs, read from ALEX's copy of the MLS (refreshed every 15 minutes; this pull as of 2026-10-31 20:30 UTC), every field. Filter: StandardStatus = Closed, PropertyType = Residential, City = Georgetown.
The data
Pulled October 31, 2026: 3,150 closed Georgetown records over the prior year. ZIP codes: 7, the most sales in 78628, 78633, 78626, 78674, 78641, 78642.
8.2.2 Study window
In simple terms
The most recent 180 days of closed sales: recent enough to describe today's market, long enough to give each group plenty of sales.
Statistically
CloseDate from May 4, 2026 to October 30, 2026 inclusive.
The data
1,597 single-family sales in the window: 1,047 resale, 550 new construction.
8.2.3 Resale and new construction
In simple terms
A resale home was previously owned. New construction is sold by the builder and behaves differently, so it is kept out of every analysis and reported once on its own.
Statistically
New construction = NewConstructionYN true, or PropertyCondition contains “New Construction” or “Under Construction”. Everything else is resale.
The data
1,047 resale; 550 new construction.
8.2.4 Sales left out
In simple terms
A few records cannot be used as entered and are left out before any analysis.
Statistically
Excluded: PropertySubType other than Single Family Residence; no OriginalListPrice; LivingArea under 400 SF; seller payments above 10% of ClosePrice (treated as entry errors).
The data
41 sale(s) other than single-family homes (condo, townhome and similar); 1 sale(s) with concessions above 10% of price; 3 sale(s) with no original list price
8.2.5 Quartiles and groups
In simple terms
Sales lined up from lowest to highest and cut into four groups of about equal size. Each group is named by its range, for example “Under $334K”.
Statistically
Sort by the slicing variable; cut k sits at round(nk/4), k = 1…3. A cut that would split tied values moves to the nearer edge of the tie. A group under 3 sales merges into its smaller neighbor. Range names use the next group's lowest value (“Under”) and the previous group's highest value (“Over”/“After”).
The data
Quartiles by net sale price: Under $334K: $120,000–$333,713 (262 sales); $334K–$417K: $334,000–$417,100 (262 sales); $418K–$573K: $418,000–$573,000 (261 sales); Over $573K: $573,601–$4,365,000 (262 sales) Quartiles by living area: Under 1,712 SF: 768–1,705 SF (261 sales); 1,712–2,145 SF: 1,712–2,145 SF (263 sales); 2,146–2,689 SF: 2,146–2,689 SF (260 sales); Over 2,689 SF: 2,691–11,231 SF (263 sales) Quartiles by year built: Before 2000: 1875–1999 (265 sales); 2000–2011: 2000–2011 (258 sales); 2012–2019: 2012–2019 (279 sales); After 2019: 2020–2026 (245 sales) View and no view: View: MLS lists a view (450 sales); No view: None or Neighborhood (573 sales)
8.2.6 Average and median
In simple terms
The average adds the values and divides by how many; one very expensive home can pull it up. The median is the middle value, with half above and half below.
Statistically
Mean x̄ = (1/n) Σ xᵢ; median = 50th percentile. Price, price per SF, living area and discount use the mean; days on market and year built use the median (skewed or whole-year values).
The data
Net sale price: average $509,165, median $417,100. Days on market: average 77, median 46: the average is pulled up by a few long listings.
8.2.7 Kruskal–Wallis test
In simple terms
Checks whether a measure really differs across the four groups of a slice. It uses each sale's rank, not its value, so a few extreme sales cannot drive the answer.
Statistically
H = [12/(n(n+1))] Σ Rⱼ²/nⱼ − 3(n+1), compared with χ² on k − 1 degrees of freedom (Kruskal & Wallis, 1952). Effect size ε² = H/(n − 1): ≥ .01 small, ≥ .06 medium, ≥ .14 large (Tomczak & Tomczak, 2014). A slice is tested only when every group has at least 5 sales; smaller groups are described, not tested.
The data
Run on every measure in sections 3–5; each result is in 8.3.
8.2.8 Mann–Whitney U test
In simple terms
The same check when there are only two groups: view against no view.
Statistically
Two-sided U test (Mann & Whitney, 1947). Effect size = rank-biserial correlation |1 − 2U/(n₁n₂)|: ≥ .10 small, ≥ .30 medium, ≥ .50 large (Kerby, 2014; Cohen, 1988).
The data
Run on every measure in section 6; results in 8.3.
8.2.9 Chi-square test
In simple terms
Checks whether a yes/no share (price cut, seller payment, view) differs between groups more than chance would.
Statistically
Pearson χ² on the 2 × k table of counts, no continuity correction (Pearson, 1900). Effect size Cramér's V = √(χ²/n): ≥ .10 small, ≥ .30 medium, ≥ .50 large (Cramér, 1946).
The data
Run on the three shares in every slice; results in 8.3.
8.2.10 Real difference (significance)
In simple terms
“Real difference” means a gap this large would be very unlikely if the groups were really alike. Because many measures are checked in each slice, the bar is set higher than usual.
Statistically
Significant when p < 0.05 ÷ m, where m is the number of measures tested in that slice (Bonferroni; Dunn, 1961). The slicing variable itself differs by design and is not tested.
The data
Quartiles by net sale price: m = 8, threshold p < 0.0063; Quartiles by living area: m = 8, threshold p < 0.0063; Quartiles by year built: m = 8, threshold p < 0.0063; View and no view: m = 8, threshold p < 0.0063
8.2.11 Size of a difference
In simple terms
A difference can be real but small. The size word (small, medium, large) says how much the groups pull apart.
Statistically
ε² for Kruskal–Wallis, rank-biserial r for Mann–Whitney, Cramér's V for chi-square, with the thresholds above; below the small threshold the size is “negligible”.
The data
20 real differences across the four slices; sizes are listed in 8.3.
8.2.12 Rounding in the text
In simple terms
Headings and sentences round figures so they read easily; the tables at the end of each section give them in full.
Statistically
Prices in headings round to the nearest $1K; price per SF and days on market to the nearest whole number; living area to the nearest 10 SF; shares and percentage gaps to whole percents.
The data
Days on market is always shown in days.
8.3 Test results
Every test behind every gold box. Statistic, degrees of freedom (df), p-value, the threshold it must beat, and the size of the difference.
8.3.1 Quartiles by net sale price
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net price per SF
Kruskal–Wallis
H = 329.35
3
< 0.0001
p < 0.0063
Yes
ε² = 0.315
large
Living area
Kruskal–Wallis
H = 650.56
3
< 0.0001
p < 0.0063
Yes
ε² = 0.622
large
Year built
Kruskal–Wallis
H = 7.88
3
0.0486
p < 0.0063
Unclear
ε² = 0.008
negligible
Days on market
Kruskal–Wallis
H = 3.24
3
0.3557
p < 0.0063
Unclear
ε² = 0.003
negligible
Discount from original list
Kruskal–Wallis
H = 24.64
3
< 0.0001
p < 0.0063
Yes
ε² = 0.024
small
Price cut before sale
Chi-square
χ² = 17.01
3
0.0007
p < 0.0063
Yes
Cramér’s V = 0.127
small
Seller paid closing costs or repairs
Chi-square
χ² = 5.92
3
0.1155
p < 0.0063
Unclear
Cramér’s V = 0.075
negligible
Has a view
Chi-square
χ² = 129.72
3
< 0.0001
p < 0.0063
Yes
Cramér’s V = 0.352
medium
8.3.2 Quartiles by living area
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Kruskal–Wallis
H = 651.39
3
< 0.0001
p < 0.0063
Yes
ε² = 0.623
large
Net price per SF
Kruskal–Wallis
H = 19.54
3
0.0002
p < 0.0063
Yes
ε² = 0.019
small
Year built
Kruskal–Wallis
H = 28.96
3
< 0.0001
p < 0.0063
Yes
ε² = 0.028
small
Days on market
Kruskal–Wallis
H = 4.10
3
0.2513
p < 0.0063
Unclear
ε² = 0.004
negligible
Discount from original list
Kruskal–Wallis
H = 2.18
3
0.5363
p < 0.0063
Unclear
ε² = 0.002
negligible
Price cut before sale
Chi-square
χ² = 3.00
3
0.3913
p < 0.0063
Unclear
Cramér’s V = 0.054
negligible
Seller paid closing costs or repairs
Chi-square
χ² = 5.66
3
0.1296
p < 0.0063
Unclear
Cramér’s V = 0.073
negligible
Has a view
Chi-square
χ² = 27.61
3
< 0.0001
p < 0.0063
Yes
Cramér’s V = 0.162
small
8.3.3 Quartiles by year built
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Kruskal–Wallis
H = 9.42
3
0.0242
p < 0.0063
Unclear
ε² = 0.009
negligible
Net price per SF
Kruskal–Wallis
H = 16.98
3
0.0007
p < 0.0063
Yes
ε² = 0.016
small
Living area
Kruskal–Wallis
H = 39.20
3
< 0.0001
p < 0.0063
Yes
ε² = 0.037
small
Days on market
Kruskal–Wallis
H = 15.80
3
0.0012
p < 0.0063
Yes
ε² = 0.015
small
Discount from original list
Kruskal–Wallis
H = 3.49
3
0.3226
p < 0.0063
Unclear
ε² = 0.003
negligible
Price cut before sale
Chi-square
χ² = 14.34
3
0.0025
p < 0.0063
Yes
Cramér’s V = 0.117
small
Seller paid closing costs or repairs
Chi-square
χ² = 2.60
3
0.4581
p < 0.0063
Unclear
Cramér’s V = 0.050
negligible
Has a view
Chi-square
χ² = 13.44
3
0.0038
p < 0.0063
Yes
Cramér’s V = 0.113
small
8.3.4 View and no view
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Mann–Whitney U
U = 179,864.50
—
< 0.0001
p < 0.0063
Yes
rank-biserial r = 0.395
medium
Net price per SF
Mann–Whitney U
U = 183,206.00
—
< 0.0001
p < 0.0063
Yes
rank-biserial r = 0.421
medium
Living area
Mann–Whitney U
U = 153,425.00
—
< 0.0001
p < 0.0063
Yes
rank-biserial r = 0.190
small
Year built
Mann–Whitney U
U = 123,440.00
—
0.2419
p < 0.0063
Unclear
rank-biserial r = 0.043
negligible
Days on market
Mann–Whitney U
U = 114,583.50
—
0.0022
p < 0.0063
Yes
rank-biserial r = 0.111
small
Discount from original list
Mann–Whitney U
U = 114,999.50
—
0.0030
p < 0.0063
Yes
rank-biserial r = 0.108
small
Price cut before sale
Chi-square
χ² = 13.59
1
0.0002
p < 0.0063
Yes
Cramér’s V = 0.115
small
Seller paid closing costs or repairs
Chi-square
χ² = 1.54
1
0.2152
p < 0.0063
Unclear
Cramér’s V = 0.039
negligible
8.4 Data notes
Left out of the analysis: 550 new-construction sales (basic statistics only, section 7); 41 sale(s) other than single-family homes (condo, townhome and similar); 1 sale(s) with concessions above 10% of price; 3 sale(s) with no original list price. Statistics: Python, NumPy 2.5.3, SciPy 1.18.1.
8.5 References
Cohen, J. (1988). Statistical Power Analysis for the Behavioral Sciences (2nd ed.). Erlbaum.
Cramér, H. (1946). Mathematical Methods of Statistics. Princeton University Press.
Dunn, O. J. (1961). Multiple comparisons among means. JASA, 56(293), 52–64.
Kerby, D. S. (2014). The simple difference formula: an approach to teaching nonparametric correlation. Comprehensive Psychology, 3, 11.IT.3.1.
Kruskal, W. H., & Wallis, W. A. (1952). Use of ranks in one-criterion variance analysis. JASA, 47(260), 583–621.
Mann, H. B., & Whitney, D. R. (1947). On a test of whether one of two random variables is stochastically larger than the other. Annals of Mathematical Statistics, 18(1), 50–60.
Pearson, K. (1900). On the criterion that a given system of deviations… Philosophical Magazine, 50(302), 157–175.
Tomczak, M., & Tomczak, E. (2014). The need to report effect size estimates revisited. Trends in Sport Sciences, 21(1), 19–25.