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Downtown Georgetown Real Estate Market Update – February 2025
Dated: March 3 2025
Views: 194
If you've been keeping an eye on the real estate market in Old Town Georgetown, there's one key takeaway from February’s numbers: the luxury market is strong. Two notable closings over $1 million signal that buyers are willing to invest in high-end properties in the heart of Georgetown. Here’s a look at the latest trends shaping the local market.
Market Snapshot: February 2025
Closed Sales: 5 homes successfully closed.
Luxury Sales: Two properties sold for over $1 million:
Median Sales Price: $625,000.
Price Per Square Foot: The highest closed sale price per square foot reached $490.77.
Days on Market: Homes averaged 85 days before closing.
The data suggests that while homes are taking a few months to sell, demand remains steady, particularly in the luxury sector. Well-preserved historic properties and tastefully updated homes in Old Town continue to attract buyers looking for character and charm.
Active Listings & Trends
Currently, there are multiple active listings in Downtown Georgetown, ranging from smaller bungalows in the $400,000s to luxury homes nearing the $1.6 million mark. Homes with unique architectural details, historic significance, and walkability to the Square are drawing strong interest.
Buyers should take note of pricing trends—while the median list price is hovering around $660,884, negotiations are bringing final sale prices to around 96% of the original list price.
Upcoming Events in Downtown Georgetown
One of the many reasons people love living in Old Town is the vibrant community events happening year-round. Here are a few to mark on your calendar:
Red Poppy Festival (April 25-27) – Georgetown’s signature spring event, featuring live music, artisan vendors, a classic car show, and the famous Red Poppy Parade.
First Fridays on the Square – Enjoy late-night shopping, live entertainment, and special promotions from local businesses.
Georgetown Wine & Music Festival (March 16) – A perfect blend of Texas wines and live performances right in the heart of downtown.
Thinking of Buying or Selling?
Whether you’re looking to buy a historic home with modern updates or sell your property in this competitive market, now is the time to strategize. If you want a detailed market analysis or advice on listing your home, reach out today!
Downtown Georgetown remains one of the most desirable areas in Central Texas, blending history, charm, and investment potential. Stay tuned for more updates as we move into the spring market!
Cara Welch
Born and raised in the heart of Austin, Cara Jane Welch offers a perspective on the Texas Hill Country that few can match. Her deep-rooted connection to the region began in Hutto when it was still a r....
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Information provided courtesy of LERA MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 20, 2026 4:46 PM UTC
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