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Tour Austin’s Luxury Market


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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

Luxury Listings - Barton Creek - Realty Austin
Listed by Carl Shurr

1002 Arroweye Trail on Lake Austin
$998,000

Luxury Listings - Lake Austin - Realty Austin
Listed by Charla Housson

210 Lavaca St #2103 at W Residences
$1,795,000

Luxury Listings - W Residences - Realty Austin
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

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