Austin’s Luxury Real Estate Market Update – April 2025
If you’ve been keeping an eye on the luxury real estate scene in Austin, the April 2025 data offers a balanced view with key insights for both buyers and sellers. Whether you’re looking to list your home, buy in a prime area, or simply stay informed, here’s what you need to know.
Single-Family Luxury Homes: Balanced and Steady
- Median Sales Price: $1,925,000
- Sales-to-List Price Ratio: 96.68%
- Median Days on Market: 29
- Market Type: Balanced Market (12% Sales Ratio)
The single-family luxury sector is holding steady, with homes typically closing at just under list price and a median time on market of about a month. The hottest segment? Homes priced between $1.4M and $1.499M, which saw a 26% sales ratio, well into seller’s market territory.
Attached Luxury Homes: A Buyer’s Market
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Median Sales Price: $1,041,250
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Sales-to-List Price Ratio: 95.61%
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Median Days on Market: 59
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Market Type: Buyer’s Market (10% Sales Ratio)
Luxury condos and townhomes are taking longer to sell and offering more room for negotiation. The most active price point? Units between $800K and $825K, where demand significantly outpaced supply.
Trends to Watch
- Overall Inventory has increased slightly year-over-year, while sales have dipped, particularly in the attached home segment.
- Price per square foot for single-family homes continues to climb (now $562), showing resilience in buyer demand for larger properties and high-end finishes.
- Market dynamics suggest it’s a great time for strategic investment—either as a buyer of attached homes or a seller of well-priced, single-family residences.
Final Takeaway
Austin’s luxury market is nuanced: single-family homes remain competitive, especially under $1.5M, while attached properties favor buyers. Whether you’re flipping, investing, or relocating, understanding these market subtleties gives you a clear advantage.
