Cape Cod Rental Vacation
Austin is not known for luxury real estate - yet, but it is definitely a market for luxury homes in the Austin area. From luxury single-family homes are particularly talking about that sell for over $ 1,000,000. When it comes to Austin, the region is an area that includes the five county metro area of Austin.
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Starting today, July 2, 2008, there are 608 homes on the market over $ 1 million in the Austin area with 78 individuals who have $ 3 million and $ 6 more than 10 million. Ais actually a 895-ranch in Blanco County, so I'll list the Austin luxury home. There are currently 30 luxury homes under contract. This gives the space of 11 months supply of homes for sale over $ 1,000,000.
Cape Cod Rental Vacation
Between January 1, 2008 and July 1, 2008, 113 luxury homes sold in the Austin area. Which has sold 92 homes sold for less than $ 2,000,000. The luxury home at this time the most expensive sold for $ 4.35 million. For the same period2007 has sold 163 luxury apartments. Of these, 136 sold for less than $ 2,000,000. The average price for a house for $ 2,000,000 per order was $ 1.353 million, or $ 300.86 per square foot. This is comparable with the figures of $ 1353500 and $ 318.68 for 2008. The first half of 2007 was still in good health and not for the credit crisis hit. Strong home sales in 2008. We do not see what people thought, we have seen - falling prices. The number of luxury homes sold to date in 2008 is down, prices are rising.
Cape Cod Rental Vacation
We try toLook at the most expensive homes that have sold. For the same period in 2007, he argued, has already sold 27 luxury homes in the Austin area for more than $ 2,000,000. You'll find that sold for $ 12 million as he sat on over 350 acres. The average price of homes that have sold more than $ 3137500 $ 2000000 was, that was little more than $ 453 per square meter. For the same period of 2008, 21 apartments for over $ 2 million were sold. The average price of homes that have sold over $ 2,000,000$ 2701000, which was little more than $ 430 per square meter. So it seems that the more expensive end of the luxury market is a little 'bit of a feeling, but nothing dramatic. As a side note is the big thing for me that I sold the second house prices in the region in 2007.
So now you ask where are these houses. Search more expensive house in the area east of Highway and exit at Lake Travis is bordered to the east of Mopac Briar Cliff as the western border. Northand the boundaries are FM 2222 South and Southwest Parkway. This area includes West Lake Hills and the area that follows the Colorado River Valley. This area is the same for sales in 2007 and 2008, almost half of these households are located in the hills between Mopac and Loop 360 are more scattered in the direction and on Lake Travis.
For homes that have sold between $ 1,000,000 and $ 2,000,000, the two periods show the same pattern. They are usually located in the same area as the most expensiveApartments, with just a few blocks in several areas. The highest concentration of luxury homes located between Highway 360 and Mopac and Loop 360 West Loop. The second region is more concentrated on or near Lake Travis.
It 'a good reason that the most expensive homes are where they are. The area is west of downtown Austin, is dramatically uneven. I went to the top of a road, less than three miles west of the capital, and it seemed that I was almost on par withStart of construction 32-story downtown Austin Frost Bank, which is over 500 meters high. While a number of basic spectacular views of the city.
Lake Austin crosses the Colorado River downstream of Mansfield Dam, which holds Lake Travis, just west of downtown Austin. Looking at the lake with spectacular views, with some areas more than 300 meters from the lake. As a point of view is again second base. Moreover, these reasons are not in the order of the courtImportance. Speaking of Lake Austin, as a house by the lake? The cheapest house on Lake Austin is currently $ 1,250,000, but is more of a channel without overlooking the lake. For the lake itself launch the latest in a $ 2.2 million and go up to $ 12.8 million.
Moving on to other parts of Lake Travis is just beautiful. With its limestone walls, the water is a dramatic blue-green to blue. It is 63 miles long and 4 km wide at the widest. Lake Travishas become very expensive over time, as we have gained popularity and had a lot less water available.
There are other areas that are exclusively for what they are. The main subdivision of Barton Creek has two very private, gated communities with large expensive homes. These are the parts of the Mirador and Escala. Create many houses in these areas, never in the MLS because they are tailored. Both areas offer much that is in great privacy, views of the city orboth.
Lake Travis, Mirador, Barton Creek, Westlake Hills - these are just some of the areas where you can find some beautiful luxury homes in Austin, Texas. If you have never visited, you'd be surprised!
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