Archive for March, 2013

30 March

Austin Luxury Real Estate Market Up 50%

Posted by Tom Bates

 

Just a quick study here of the Austin luxury real estate market (homes over $1m): Last year in the first quarter there were 48 homes that sold by March 30, this year as of today, there have been 72 luxury homes that sold over 1$m, so 50% more.  The average closed sales price to list price this quarter was close to 93% of list price, better than last year’s 91.75%.  (Note, these numbers will change slightly as agents continue to update the MLS with Q1 closed sales data.)  Ask anyone in the Austin luxury home sales market and they will tell you that inventory is low and multiple offers are back in fashion!  (Here is a link to that report if you’re interested: Q1-2013 Austin luxury homes report.)

 
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02 March

Wudjew Say Pardner?

Posted by Tom Bates

 

Pretty funny article from KUT News about Austin-speak

And this massive thread from Reddit Austin is pretty informative and good reading.  Keepin it weird ya’ll.

 
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