Read time: 1 minute4609 Mirador Drive in Barton Creek
1002 Arroweye Trail on Lake Austin
210 Lavaca St #2103 at W Residences
Austin’s residential luxury market is hot, hot, hot and Realty Austin agents are taking advantage! Austin’s luxury market saw a major boom in 2013, with nearly $883 milllion in sales of homes sold at $1 million or more. To get a better look at what Austin has to offer over a million, Realty Austin agents showed KVUE News around a few of our listings.
To find out more about the luxury market statistics in Austin, read below.
4609 Mirador Drive in Barton Creek
$3,500,000
Listed by Carl Shurr
1002 Arroweye Trail on Lake Austin
$998,000
Listed by Charla Housson
210 Lavaca St #2103 at W Residences
$1,795,000
Listed by Carlos Ojeda
Austin Luxury Real Estate Market Analysis
2012 vs 2013 Home and Condo Sales Over $1,000,000
- $882,828,813 – Total dollar volume of $1M+ properties sold in 2013
- $1,581,098 – Average price for $1M+ properties in 2013, $77,059 lower than 2012
- $1,338,069 Median price for $1M+ properties, $19,478 lower than 2012
- 598 – Active $1M+ homes and condos for sale in the Austin MLS
- 555 – $1M+ properties sold in 2013, 182 more than 2012
- $326 – Average price per square foot for $1M+ properties sold, $3 more than 2012
- 106 – Average number of days that $1M+ properties spent on the market, 33 days less than 2012
- 10 – Months of inventory of $1M+ properties, 5 months less than 2012