Weekly Austin Luxury Market Report for April 10th, 2015

From the Desk of Eric, your weekly Luxury Market Report.

The Austin market continues to be very active with 40 new listings this past week (up from the previous week), 7 closed sales, and 11 new escrows.  One of  the homes that just recently went under contract is a stunning 5 bedroom family home in Tarrytown on Matthews Dr. listed at $2.75M

4447 RIVER GARDEN TRL Photo courtesy Austin MLSIn Westlake  there are 11 new homes currently on the market with a total of 109,  including a $12.9 million home named the River Garden Estate.  Listed by Eric Moreland, this luxurious, gated residence is perched on the West Rim within the Summit.  Luxury builder Brian Bailey was inspired by Spanish Villas and was able to bring a bit of Spain to Texas. To see this home, or others, please give me a call.


Stay tuned for the next  Weekly Update; until then, check out some of the fun things happening around town this upcoming week:

All photos courtesy Austin MLS

The Austin Luxury Real Estate Market

Over 10 years ago, I moved to Austin from the most expensive zip code in the United States.  The reason I left Atherton was simple, the housing just got too expensive.  Don’t mis-understand me, the homes in the Circles (if you know where the Circles are, my hat is off to you) are truly stunning.  Large lots, older homes that have been meticulously updated, and easy access to the Silicon Valley.  It’s an area very much like the Tarrytown neighborhood in Austin. (more…)