Residential Properties in Austin $1 Million and above
Number of Luxury homes closed between
December 13th to December 20th, 2020
There were 59 contracts closed last week at $1 million and above. 49 were single-family homes not located on lakefront property, 2 condos, and only 8 home this past week was located on lakefront property. Total sales volume was $114,890,991.
What a week! This week’s totals were more than double the previous weeks. With Austin experiencing historically low inventory, it’s created an environment that is pushing prices higher than we’ve ever seen before.