Market Reports

Austin Luxury Real Estate Market Report – February 2025

In February 2025, the Austin luxury real estate market exhibited a slight shift towards a buyer's market, with increased inventory ahead of the spring selling season. Notably, desirable areas with lower inventory experienced multiple offers for well-priced, updated homes. The median sales price for single-family luxury homes was $1,830,000, with a median of 57 days on the market. For attached luxury homes, the median sales price stood at $1,175,000, with properties averaging 71 days on the market. These trends highlight the importance of strategic pricing and the benefits of working with experienced real estate professionals to navigate the evolving market landscape.

Austin Luxury Real Estate Market Report – December 2024

The December 2024 report indicated a buyer's market for single-family luxury homes, with a median sales price of $1,837,500 and an average of 64 days on the market. Attached luxury homes had a median sales price of $987,500, selling faster with an average of 32 days on the market. These figures underscore opportunities for buyers to negotiate favorable deals, while sellers are advised to focus on strategic pricing to attract serious offers. ​