Austin Luxury Report | Volume No. 11

  • Dillon Fleharty
  • 10/26/20

Volume No. 11

Residential Properties in Austin $1 Million and above
Number of Luxury homes closed between
​​​​​​October 11 to October 17, 2020

There were 33 contracts closed last week at $1 million and above for a total sales volume of $58.9 million. 25 were single-family homes not located on lakefront property, 7 were single-family located on waterfront property, and for the second week in a row, only 1 condo was in the mix.

Notable Closings:

1812 Collier Street in Zilker is by no means at the top of the list in terms of price. However, the home stands in stark contrast to the rest on the list. Built by Spaller Glover, the home pays homage to 19th century gothic revival homes. Incorporating beautiful elements such as steeply pitched gables, gingerbread trim, and beautifully pitched windows and front door. The home closed for $20,000 more than the original listing price of $1,650,000 closing at $1,670,000. Listed by Wade Giles, the home was on the market for 33 days.

Top Closings:

The #1 single-family home was 1110 Blackacre Trail, closing at $5,188,609, +7% more than the original listing price of $4,850,000. The home is located in Westlake, in the Estates at Blackacre subdivision. Situated on 1 acre the home is 7,638 square feet, 5 bedrooms, 6 bathrooms. Listed by Susan Jauregui of Jauregui Properties the home was on the market for 151 days.

The #1 Condo was 301 West Ave #2601, closing at $1,250,000 , -2% less than the original listing price of $1,275,000. The condo is located in the Independent Condos. The condo has 1,464 square feet of living space, 2 bedrooms, 2 bathrooms, and features unobstructed views of much of downtown and the capital building. Listed by Lisa Hassel of Coldwell Banker Realty the condo was on the market for 128 days.

 

 

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