Austin settles into ranks of Texas cities selling homes over million
Austin is being redefined as a market for homes for the ultra-rich, according to a new report. The $10M+ National Luxury Report for 2022 from real ...
Austin is being redefined as a market for homes for the ultra-rich, according to a new report. The $10M+ National Luxury Report for 2022 from real estate brokerage Compass cites five local sales of homes over $10 million in 2022; that's only up one from the previous year , but there had been none in the years shown before that. The report is for all sales in the area and based on MLS data. Affluent areas in Austin have landed increasingly in wealth reports, like the richest cities in Texas as the benchmark for the 1 percent of highest earners in Texas rises.