Remove 2021 Remove Housing Market Remove Luxury Properties Remove New Listings
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Prices for luxury homes soared in the first quarter 

Housing Wire

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. Looking at the number, 2023 was the lowest year in the past 28 years for sales, so it was a bit of an oddity compared to what we’d seen in the second half of 2020, all of 2021 and the first half of 2022.”

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics.