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It’s all true…the stories you’re hearing from friends about outrageous sales prices, multiple offers and buyers coming in from all parts of the country. The lack of inventory, low interest rates, the work from home by-product of Covid and company relocations have created the prefect storm in the Austin real estate market AND it’s not over YET!
MASSIVE NUMBERS MOVING TO ATX
COMPANIES ARE COMING TOO!
INCREDIBLE PRICE ESCALATION
The prices are a bit shocking to everyone, even those of us in the business. It’s the new normal to see desirable homes under $1M selling $200+k over list price. In the luxury market homes that sold in the $2M range just a year ago area easily selling close to $5M. In addition buyers have to waive appraisals and other contingencies just to be competitive.
IT’LL BE THIS WAY FOR A WHILE
🌟 COMING SOON 🌟
9104 Far Gallant
Your little slice of the Texas Hill Country just 15 minutes from downtown Austin. Amazing floor plan, updated gourmet kitchen, remodeled master spa bath and a wonderful outdoor oasis with POOL! This one won’t last long.
OPEN HOUSE SUNDAY 1-3
621 CYPRESS SPRINGS
Howard Ranch | 3417 sq ft. | 4 bed
Gorgeous European contemporary with impeccable details and captivating architecture, highlighted by Spanish castle rubble rock details. High ceilings, cedar wrapped beams, gorgeous market windows and plenty of natural ight define each well-appointed space. Luxurious kitchen with spectacular Sandulus Quartzite and Carino Quartz countertops. Offered at $1.595 M
300 BOWIE #3802
1704 sq ft. | 3 bed | 3 bath
1607 Ravey Street
South Austin chic! This exceptional property is truly one-of-a-kind! It features a a large light-filled study, beautiful gourmet kitchen with a Thermador six- burner professional range that opens to a spacious living area. Hardwood floors, stained concrete, custom lighting, built-in’s. Offered at $650,000
908 NUECES #13
907 sq ft. | 2 bed | 1 bath
Expertly designed, single-level plan w/ open living space, large master, separate study/bed. Gourmet kitchen, stainless appliances, modern fixtures & designer selections. Austin’s most vibrant location- exciting home for residents drawn to the city’s lively culture. Celia’s Court is just 4 stories w/ charming courtyard. Offered at $450,000
East Austin Investment
This is a 2124 sq ft main house and ADU in the popular Chestnut area of East Austin. .139 acre lot size. The neighborhood is in a fantastic location, with close proximity to downtown, UT, Huston-Tillotson College, as well as the MLK Metro Rail Station. The strong sense of culture, and the walkable location make this neighborhood a truly special place to live! Offered at $600,000
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The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.