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Austin Luxury Homes

555 million-dollar homes sold in Austin in 2013

555 million-dollar homes sold in Austin in 2013

 

Austin’s luxury home market revved up last year with nearly $883 million in sales for homes priced at $1 million or more. 555 million-dollar plus homes sold in 2013 — 182 more than in 2012.

 The average square-foot price was $326 for homes in that category, $3 more per square foot than in 2012.

 The downside is that the average price was $1,581,098, or $77,059, lower than in 2012. The median price was $1,338,069, or $19,478 lower than in 2012.

 Million dollar homes spent an average of 106 days on the market in 2013, 33 days less than in 2012.

 So what were people buying?

 

Here is a list of the most expensive homes that sold in Austin last year, based on list price on the Multiple Listing Service. Since Texas is a non-disclosure state, the actual sales price is not available. Also, keep in mind that some high-end homes are not listed on MLS. In fact, Michelle and I sold several private listings last year that exceeded $10 million in value.

Here’s a compilation of those top properties in Austin that sold-

1.    2400 Matthews Drive, $6.95 million, 10,076 square feet

2.    116 Skyline Drive, $5.5 million, 5,012 square feet

3.    2712 Scenic Drive, $5.2 million, 3,341,

4.    14132 Flat Top Ranch Road, $5.2 million, 12,878 square feet, Gary and Michelle Dolch, Capital City Sotheby’s Realty International

5.    1009 N. Weston Lane, $4.995 million, 12,553 square feet

6.    4301 Michaels Cove, $4.995 million, 7,497 square feet

7.    4202 Watersedge Cove, $4.8 million, 5,668 square feet

8.    1318 Rockcliff Road, $4.495 million, 5,612 square feet

9.    4400 River Garden Trail, $4.25 million,

10. 8208 Big View Drive, $3.995 million, 6,729 square feet

  Link to article: http://www.bizjournals.com/austin/blog/real-estate/2014/01/555-million-dollar-homes-sold-in-austin-in-2013.html?ana=e_du_wknd&s=article_du&ed=2014-02-01&page=all

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