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Austin Luxury Real Estate Blog

Texas Housing Sales Up, Higher-end Market Reaches Its Highest Level

September 16, 2020 | Brian Talley

Texas housing sales increased 17.1 percent in July 2020, reaching a record-breaking 36,165 sales, according to the Real Estate Center at Texas A&M University. Homes priced more than $400,000 accounted for over 20 percent of home sales – the most ever – while homes under $200,000 dropped to about one-fourth of sales.   Months of […]

Luxury Homes about 10 Percent of Texas Market in Q2 2020

August 31, 2020 | Brian Talley

Homes that sold for over $500,000 accounted for about 10 percent of overall Texas home sales in the second quarter of 2020, according to the Texas Quarterly Housing Report by Texas Realtors® and the Real Estate Center at Texas A&M University. Homes from $500,000 to $749,999 were 6.7 percent of the total, homes $750,000 to […]

Commodore Perry Estate Opens as Luxury Resort

July 27, 2020 | Brian Talley

The Commodore Perry Estate, Auberge Resorts Collection has opened on 10 acres in Hyde Park. The estate was originally built in 1928 during the height of the Jazz Age, and the Italianate mansion, carriage house, and formal gardens along Waller Creek have been renovated into a boutique luxury hotel. With “European elegance and Gatsby-era bon […]

Second-Home Market Surges in May

June 29, 2020 | Brian Talley

The luxury home market outpaced the overall market in price growth and listing views online in May 2020, according to realtor.com®’s Luxury Housing Report, and of particular interest for this segment of buyers was second homes. These buyers were looking at smaller, less populated markets, rather than dense, urban metros. “Unlike prior downturns, the luxury […]

Austin Poised for Post-Pandemic Economic Recovery, says Moody’s Analytics

May 11, 2020 | Brian Talley

Austin, Texas is among the cities named by Moody’s Analytics for a potentially quick post-pandemic recovery, given its recent economic strength, higher educational levels, and low density. According to the report, cities like New York, Boston, Miami, Las Vegas, and San Francisco will recover more slowly and be seen as riskier, while cities such as […]

Texas Luxury Home Sales Up in 2019

April 14, 2020 | Brian Talley

Texas home sales closing at $1 million or higher from November 2018 to October 2019 increased 4.4 percent compared to the previous year, according to the Texas REALTORS® 2019 Texas Luxury Home Sales Report. This resulted in 5,149 home sales of at least $1 million. In this same period, luxury home sales accounted for 8.2 […]

Eanes Named Top District in State

March 3, 2020 | Brian Talley

Niche.com named the Eanes Independent School District the 11th best school district in the United States and the #1 school district in Texas. The 2020 Best School Districts ranking is determined via analysis of academics, student life data, test scores, college data, and user ratings. Eanes ISD also ranked first in Texas for “Districts with […]

Texas Named Business Facilities’ 2019 State of the Year

February 10, 2020 | Brian Talley

Business Facilities named Texas its 2019 State of the Year, making Texas the first state to win the honor four times. Texas’ “dominance of the economic development landscape” resulted in top 10 results in 15 categories and #1 results in Installed Wind Power Capacity, FTZ Activity (Imports and Exports), and Cybersecurity Growth Potential. The report […]

Austin Named #3 U.S. City for STEM Jobs

January 30, 2020 | Brian Talley

Austin, Texas is the third top United States city for STEM — science, technology, engineering, and math — jobs, according to a WalletHub study. STEM jobs have an average median annual wage of $84,880, much higher than many non-STEM occupations, according to the U.S. Bureau of Labor Statistics, and are projected to grow 8.8 percent […]

Luxury Commodore Perry Estate to Open Spring 2020

December 31, 2019 | Brian Talley

Auberge Resorts Collection announced it will open the central Austin urban retreat Commodore Perry Estate this Spring 2020. According to Auberge, “the resort will bring a new level of contemporary glamour, whimsical soul and effortless luxury representative of Austin’s uniqueness.” The resort is set on 10 acres and will offer 42 rooms, 12 suites, an […]