Austin Luxury Homes New Construction Sales Price Ratios

Real Estate Broker/Owner with Austin Modern Living

So, what kind of deals can you negotiate for Austin luxury homes?  There's good news for those buying luxury new construction homes in the Austin hill country this year.  While there was a July bump in pendings and solds for luxury new construction homes, there is still plenty of inventory available.  Areas like Spanish Oaks, Seven Oaks and Barton Creek Calera Drive have lots of choices for buyers.  On average, new construction luxury homes (over $1 million list price) are closing at 95% of list price or about $106k savings on average.  There were a couple of recent closings where the buyers saved over $300k vs the list price...not bad!  The average days on market for these Austin luxury homes was 336 days on the market.  I have a full breakdown PDF if you're interested, contact me. 512-413-0870

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