austin luxury real estate

Austin Market Update – May 2022

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The Austin real estate market is still hot, hot, hot.  You can see that 2022 is following the trends of 2019 and 2021 (excluding the freeze in February 2021), though the numbers are lower, primarily driven by limited inventory.  Year-to-date transactions are lagging 2021 at this point, down roughly -4.5%. Lower priced homes are lagging […]

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Austin Market Update – January 2022

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2021 has come to a close and there is now fairly complete Austin real estate market data for the year before, the year of, and the year after the outbreak of the Covid-19 pandemic.  It has been an eventful three years.  There has been a steady shift toward higher price points that accelerated dramatically in […]

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Austin Market Update – December 2021

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$1,300,000 That is the entry-level price point in the Austin luxury market. There are a number of definitions floating around for “luxury market”.  The definition I prefer (and many brokerages use) is “the top 10% of the market”.  Looking historically at the Austin real estate market, the top 10% has seen steady, single-digit appreciation over […]

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Austin Market Update – November 2021

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The market is still hot.  The main thing holding it back is a lack of inventory.  But there is a more typical seasonal slowdown this fall which didn’t happen last year.  Below is an updated graph I shared earlier this year showing price premiums (sold price as a % of list price).  Premiums have dropped […]

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