Eleven Oaks Realty is proud to present their April 2024 Austin Luxury Real Estate Price Report measuring market activity in the Austin area single family home market priced at $1 million or over. Our April 2024 Austin Luxury Real Estate Price Report covers the luxury market in the following Austin metro area counties: Travis, Williamson and Hays.
0.18% Increase in Median Sold Price
In April 2024, the median sold price of an Austin luxury home was $1,676,426 compared to $1,673,458 showing an 0.18% increase in year over year numbers. Last month the median sold price for an Austin luxury home was $1,400,000 showing a 16.5% increase in month over month comparisons.
23.6% Increase in Number of Austin Luxury Home Sales
In April 2024, there were 267 luxury homes that closed in Austin compared to 204 in April 2023 showing a 23.6% increase in year over year comparisons. Last month there were 209 luxury homes that closed escrow, showing a 21.7% increase in month over month comparisons.
22.8% Increase in Time to Sell an Austin Luxury Home
In April 2024, it took, on average, 57 days to sell a luxury home in Austin compared to 44 days in April 2023, showing a 22.8% increase in year over year comparisons. Last month it took, on average, 81 days to sell an Austin luxury home, showing a 42% decrease in month over month comparisons.
Austin Luxury Home Sales April 2024
Here is some additional data on the 267 luxury homes that sold in Travis, Williamson and Hays Counties in April 2024. These 267 homes sold for $1 million or more.
- 1 luxury home that sold was a Foreclosure (Bank Owned)
- 5 luxury homes were Waterfront
- 109 luxury homes were in the Austin ISD
- 16 luxury homes were in the Dripping Springs ISD
- 33 luxury homes were in the Eanes ISD
- 6 luxury homes were in the Georgetown ISD
- 3 luxury homes were in the Hays ISD
- 45 luxury homes were in the Lake Travis ISD
- 29 luxury homes were in the Leander ISD
- 8 luxury homes were in the Round Rock ISD
- 2 luxury homes were in the San Marcos ISD
- 2 luxury homes were in the Wimberley ISD
- 39 luxury homes were in Gated Communities
- 158 luxury homes were in HOA’s
- 108 luxury homes had Pools
- 75 luxury homes were on Septic Systems
- 216 luxury homes that sold were located in Travis County
- 25 luxury homes that sold were located in Williamson County
- 26 luxury home that sold were located in Hays County
Source: ACTRIS, Home Sales in Travis, Williamson and Hays County Over $1 Million in April 2024
April 2024 Austin Luxury Home Sales Map
All of the Austin luxury single family homes that sold in April 2024 were west of 183, south of Ronald Reagan (with the exception of 2) and north of 150 (with the exception of 4). Here is a map of the 267 luxury homes that sold in Austin in April 2024.
April 2024 Luxury Real Estate Price Report – Strictly Numbers
For those of you who prefer to see the actual numbers, we’ve listed the figures for April 2024 Austin area luxury home sales below. The most expensive luxury home that sold in April 2024 sold for $8,000,000 and the least expensive luxury home sold for $1,000,000. Austin luxury homes ranged in size from 1,054 sqft – 9,787 sqft with an average size of 3,538 sqft. The average price per square foot for a luxury home that sold in Austin in April 2024 was $489.35 with the lowest being $211.87/sqft and the highest being $1,121.79/sqft. It took, on average, 57 days to sell a luxury home in Austin and sellers received, on average, 93.49% of their original list prices.
| | Beds | Baths | SqFt | List Price | LP/SqFt | Sold Price | SP/SqFt | SP/LP | SP/OLP | ADOM |
|---|---|---|---|---|---|---|---|---|---|---|
| Min | 2 | 1 | 1,054 | $949,000 | $231.86 | $1,000,000 | $211.87 | 77% | 63% | 0 |
| Max | 7 | 11 | 9,787 | $8,950,000 | $1,233.40 | $8,000,000 | $1,121.79 | 116% | 116% | 355 |
| Avg | 4 | 4 | 3,538 | $1,740,605 | $507.85 | $1,676,426 | $489.35 | 96.72% | 93.49% | 57 |
| Med | 4 | 4 | 3,554 | $1,389,900 | $460.42 | $1,350,000 | $443.61 | 97% | 96% | 26 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | April 2024 |
| Property Type | Single Family Homes $1MM+ | Number Sold | 267 |
| Source: | ABoR Sales Data | Area | Travis, Hays, Williamson Counties |
Luxury Homes for Sale Around Austin
Here is a map of the 1,790 luxury homes for sale in the Austin area as of May 21, 2024. 1,388 are located in Travis County, 197 in Williamson County and 205 in Hays County. Here is a map.
Considering Buying or Selling a Luxury Home in Austin?
Our team of Austin luxury real estate market specialists know the market well and can help you get the best deal possible. For more info about our team and how we work, check out our Austin Home Buyers and our Austin Home Sellers sections. Then, call us at (512) 872-8323 or email us at info@11OaksRealty.com to schedule a consultation.
Questions About the April 2024 Austin Luxury Real Estate Price Report?
Do you have questions about the April 2024 Austin Luxury Real Estate Price Report? Call us at (512) 827-8323 or email us at info@11OaksRealty.com and we’ll help you in any way we can.
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