Eleven Oaks Realty is proud to present their August 2026 Austin Luxury Real Estate Price Report measuring activity in the luxury home market across Travis, Williamson, and Hays Counties. For this report, luxury is defined as any home that sold for $1,000,000 or more.
August delivered a market of fewer transactions but stronger pricing and a much faster pace. The median sold price for a luxury home climbed to $1,390,000, up 5.1% from a year ago, while the number of luxury sales fell to 237, down 12.9% year over year. At the same time, the median time to sell dropped to just 31 days, a 48.3% decline from August 2025’s 60 days, showing that the luxury homes that did sell moved with real urgency. This report breaks down what drove those numbers and what they mean if you are buying or selling in the months ahead.
August 2026 Austin Luxury Real Estate Market Highlights
The median sold price for a luxury home reached $1,390,000 in August, up 5.1% year over year and up 4.1% from July’s $1,335,000. The number of luxury home sales fell to 237, down 12.9% from the 272 luxury homes that sold in August 2025 and down 16.3% from July’s 283 sales. Luxury homes moved fast: the median time to sell was just 31 days, down from 60 days a year ago, a 48.3% drop. Sellers who closed received a median of 96% of their list price and 94% of their original list price. New luxury listings rose 6.0% year over year to 317, while new luxury contracts climbed 10.9% to 223, pointing to a market that is refilling even as fewer homes changed hands.
August 2026 Austin Luxury Real Estate Market Overview
Three numbers tell the story of the Austin luxury market in August: price up, sales down, and days on market down sharply. That combination is not a contradiction. It points to a market where serious, motivated buyers are still active and willing to pay for the right home, but there are simply fewer of them competing for the luxury inventory that is available. A luxury home priced and presented well is selling quickly and close to asking price, while a luxury home that is not competitively positioned is far more likely to sit. Of the 240 luxury homes that closed in August according to the aggregated platform behind this report’s charts, 96 had a price drop at some point before closing, an average reduction of 9%.
A note on data sources: this report draws from two sources, Rebecca’s direct Unlock MLS pull and the CentralTX aggregated platform, which may show slightly different transaction counts due to timing and methodology. Body text and narratives in this report reflect 237 sales from the direct MLS pull; chart images may reflect 240 sales from the aggregated platform. Both sources confirm the same overall market direction.
Inventory grew alongside demand. There were 317 new luxury listings in August, up 6.0% from a year ago, and 223 new luxury contracts, up 10.9%. With 1,356 active luxury listings across the three counties and 5.65 months of supply, the market remains tilted toward buyers overall, though that supply is not evenly distributed across price points, as later sections of this report show.
August 2026 Austin Luxury Real Estate Price and Negotiation Trends
Luxury sellers in August closed at a median of 96% of their list price and 94% of their original list price, meaning the typical luxury home sold within a few percentage points of what it was actively marketed for. That is a tight gap, and it tells you that well-priced luxury listings are not sitting long enough to require repeated cuts once a serious buyer is engaged.
The picture looks different for homes still on the market. Across the three counties, buyers are closing an average of 4.55% under asking price, and 52% of the 1,356 active luxury listings have had at least one price reduction, with an average drop of 34% from their original list. The gap between what is happening at the point of sale, a discount in the low single digits, and what is happening across all active inventory, over half carrying a price cut, shows a market where pricing a home right the first time matters more than ever. Homes priced to the current market are closing close to ask; homes priced ahead of the market are absorbing much larger, repeated reductions before they find a buyer.
For sellers, this is the clearest signal in the data: list at a price supported by recent closed comparables, not at a price that assumes last year’s appreciation will continue indefinitely. For buyers, it means there is still room to negotiate on listings that have been sitting, even in a market where prices are up year over year.
Median Sold Price Up 5.1% Year Over Year
The median sold price for a luxury home in the Austin area reached $1,390,000 in August 2026, up 4.1% from July’s $1,335,000 and up 5.1% from $1,322,500 in August 2025.
Looking at the three-year trend, August’s price sits above the roughly $1.3 million floor the market has repeatedly returned to since 2024, and it is the second-highest monthly median of the year behind May’s $1,420,000. Luxury pricing in Austin has been more volatile month to month than the overall single-family market, swinging by six figures in a single month as the mix of homes that close shifts, but the underlying trend across 2026 has held above where the market stood in 2024 and 2025.
For sellers, a rising median price is good news, but it should not be read as a green light to overreach on list price. The homes driving that median higher are the ones that were priced and marketed to move, not the ones sitting on the market absorbing repeated price cuts. For buyers, a 5.1% year over year increase means waiting for softer pricing has not paid off over the past twelve months, and the homes that are moving quickly, in 31 days at the median, are being met with real competition.
Number of Luxury Home Sales Down 12.9% Year Over Year
237 luxury homes sold across Travis, Williamson, and Hays Counties in August 2026, down 16.3% from July’s 283 sales and down 12.9% from the 272 luxury homes that sold in August 2025.
August’s sales volume of $402.3 million was down 8.0% year over year, a smaller decline than the drop in transaction count, which lines up with the median price moving higher. Fewer luxury homes are trading hands, but the ones that are trade at a higher average price, with the average sale price up 7.3% year over year to $1,676,407.
This is typical of late summer in the Austin luxury market. Sales volume has trended down from July into August in this data set, and 237 sales is still well within the range this market has posted in prior Augusts. The difference this year is the price strength behind a smaller number of transactions, which points to genuine demand from qualified buyers rather than a market cooling across the board.
Median Time to Sell Down 48.3% Year Over Year
The median luxury home that sold in August 2026 took just 31 days to sell, down slightly from 32 days in July and down 48.3% from 60 days in August 2025.
This is one of the more striking numbers in this month’s report. A year ago, the typical luxury home in Austin sat on the market for two months before going under contract. Today it is selling in roughly a month. The three-year trend shows August’s 31-day median near the fast end of the range this market has seen since late 2023, on par with the pace set back in April and May of this year.
A faster median time to sell usually means one of two things: either buyer demand has strengthened, or sellers have gotten more realistic about pricing from day one. This month’s data suggests both. Whatever the cause, if you are planning to sell a luxury home in the coming months, expect a compressed timeline once your home is live, and have your next steps lined up rather than assuming a long runway to find your next home.
August 2026 Austin Luxury Sales Breakdown by Price Range
Of the luxury homes that closed in August, the $1.4 million-and-up tier accounted for the largest share at 45.83% (110 sales), followed by the $1 million to $1.19 million tier at 27.08% (65 sales), the $1.2 million to $1.39 million tier at 20.42% (49 sales), and the $800,000 to $999,999 near-luxury tier at 6.67% (16 sales).
The concentration at the top of the market, with nearly half of all luxury closings coming in above $1.4 million, lines up with the strength in the median price this month. When the $1.4 million-plus segment carries a larger share of total sales, it pulls the overall median higher even if the number of transactions in the middle tiers softens.
Austin Luxury Market County Comparison
Travis County remained the center of gravity for luxury sales in August, accounting for 184 of the 240 sales tracked in this chart, roughly 77%, with Williamson County contributing 34 sales and Hays County contributing 22.
That concentration is not a surprise. Travis County holds the largest share of Austin’s established luxury neighborhoods, and it consistently accounts for the large majority of luxury closings across this three-county footprint. Williamson and Hays Counties remain smaller but active luxury markets, particularly as buyers look toward Georgetown, Lake Travis, and the Hill Country for more land and newer construction at luxury price points.
Austin Luxury Market Pricing, Three Year Trend
Charted month by month since January 2024, luxury pricing in Austin has been anything but a straight line. Medians have swung from lows near $1,300,000 to highs above $1,400,000 within the same year, and August 2026’s median as reflected in this chart’s aggregated data, $1,343,770, sits in the middle of that range.
Across the full three-year view, the floor has held. Even in the softest months, the luxury median has not dropped meaningfully below $1,300,000 since early 2024, which suggests the $1 million-plus segment of the Austin market has found a stable pricing base even as month-to-month volatility continues.
Austin Luxury Median Sale Price and Price Per Square Foot, Three Year Trend
This chart layers price per square foot on top of the median sale price trend, and the two do not always move together. Price per square foot has ranged from roughly $440 to $550 over the past three years, while the median sale price has cycled between a historically lower range near $1.3 million and a historically higher range above $1.39 million.
The two metrics diverging at times shows that the mix of homes selling matters as much as pure appreciation. A month with a higher median price but flat or lower price per square foot likely means larger homes closed that month; a month where both climb together points to genuine, broad-based price growth.
Austin Luxury Average Price Per Square Foot, Ten Year History
Looking back a full decade, price per square foot in the Austin luxury market climbed from the $350 to $380 range in 2016 through 2018 to a peak of $514 in 2022, before settling into the $468 to $472 range over the past three years.
That plateau matters. After the sharp run-up in 2021 and 2022, price per square foot has held remarkably steady since 2023, which suggests the luxury market has found a new, higher baseline rather than continuing to accelerate. For buyers, that stability is a more predictable backdrop for a major purchase than the volatility of 2021 and 2022.
Austin Luxury Median Sold Price by County
Travis County commands the highest luxury pricing of the three counties, with a year-to-date median of $1,425,000 in 2026, compared to $1,175,000 in both Williamson and Hays Counties.
That gap has held fairly consistently over the past decade, though all three counties have seen their luxury medians rise substantially since 2016, when Travis stood at $1,320,000 and Williamson and Hays were both under $1.25 million. If you are comparing luxury opportunities across the three counties, expect Travis to command a premium, with Williamson and Hays offering more home for the dollar at a similar price point.
Austin Luxury Median Days on Market by County
Days on market across all three counties has converged into a similar range this year, a sharp contrast from 2016 through 2019, when Hays and Williamson Counties regularly saw luxury homes sit for two to three months longer than Travis County.
That convergence shows that the current pace of the luxury market, fast, with homes moving in around a month, is being felt broadly across the three-county footprint rather than concentrated in any single area. Whichever county you are watching, the message is the same: well-positioned luxury listings are not staying on the market long.
Austin Luxury New Listings, Three Year History
New luxury listings followed their typical seasonal pattern in August, easing to 317 after peaking at 641 in April, a normal late-summer slowdown in new inventory that this market has shown in each of the past three years.
August’s 317 new listings were up 6.0% from the 299 new listings in August 2025, a modest but meaningful increase in supply heading into the fall. New listing activity generally trended a bit lower in 2026 compared to the same months in 2025, particularly in the spring, but August marked a return to growth.
Austin Luxury New Under Contracts, Three Year History
New luxury contracts also eased seasonally in August to 223, down from a 2026 peak of 352 in April, but that figure was up 10.9% from the 201 new contracts written in August 2025.
Demand growing faster than new listings, 10.9% versus 6.0%, is part of why the median time to sell has compressed so sharply this year. More buyers are writing contracts relative to the new inventory coming on the market, which tightens the pace even as overall sales volume runs below last year’s pace.
Austin Luxury Months Supply of Inventory
Overall months of supply in the luxury market stands at 5.65, but that figure varies by price point. The $1.2 million to $1.39 million tier is tightest at 4.3 months of supply, the $1 million to $1.19 million tier sits at 5.1 months, and the $1.4 million-plus tier is the most oversupplied at 6.6 months.
A market is generally considered balanced between roughly four and six months of supply, so the $1 million to $1.39 million range is close to balanced today, while the $1.4 million-plus tier leans more toward buyers. If you are selling above $1.4 million, expect more competition from other active listings; if you are buying in that tier, you have more leverage and more options than buyers shopping below $1.4 million.
Austin Luxury Inventory and Asking Prices
Active luxury inventory is heavily weighted toward the top of the market: 783 of the 1,356 active luxury listings, 56.79% of all active inventory, are priced at $1.4 million or more. The $1 million to $1.19 million tier accounts for 321 active listings and the $1.2 million to $1.39 million tier accounts for 252.
Median asking price has held in the $1.4 million to $1.6 million range over the past three years, while asking price per square foot has been more volatile, swinging between roughly $500 and $590 per square foot. That combination, a heavy concentration of inventory above $1.4 million alongside the softest months of supply in that same tier, is the clearest evidence in this report that the very top of the Austin luxury market currently favors buyers.
Austin Luxury Active Price Drops
As of early September, 701 of the 1,356 active luxury listings, 52%, have had at least one price reduction, with an average drop of 34% from the original list price and a median of 19 days before that first price cut.
An average price drop of 34% is a large number, and it reflects sellers who listed meaningfully above where the market has actually been closing. The lesson for anyone listing a luxury home right now is to lean on recent closed comparables rather than aspirational pricing. Homes that start closer to market value are the ones closing in 31 days; homes that need a correction this large are the ones sitting.
Austin Luxury Price Drops by Price Range
Price reductions are most common in the $1 million to $1.19 million tier, where 61% of active listings, 197 of 321, have had a price cut, compared to 55% in the $1.2 million to $1.39 million tier and 47% in the $1.4 million-plus tier.
The entry-level luxury tier seeing the highest rate of price drops makes sense: it is the segment where the most buyers are shopping and comparing, so overpricing gets corrected the fastest. The size of the typical drop is a reminder to price conservatively at every tier rather than testing the top of the market, whichever price point you are working in.
Austin Luxury Price Drops Over Time
The average price drop as a percentage of original list price has trended gradually lower since its recent peak of 10.7% in the fourth quarter of 2023, falling to 8.15% in the third quarter of 2026, even as the number of price drops recorded each quarter has stayed elevated.
A shrinking average discount alongside a steady volume of price drops suggests sellers are getting closer to the mark on their initial pricing than they were a few years ago, even if a correction is still often needed. That is a healthy sign for the market: less severe repricing means listings are starting closer to where buyers are actually willing to transact.
Austin Luxury Price Drop Outcomes
For listings that took a price cut in August, it took a median of 34 days from that reduction to go under contract, up from 26 days in July but roughly in line with the 25 to 33 day range this figure has held for most of 2026.
The one clear outlier in this data is January 2026, when it took a median of 62 days from a price drop to a contract, the slowest turnaround in the three-year window shown here. Outside of that seasonal winter lull, price cuts in the Austin luxury market have generally converted to a contract within about a month, reinforcing that a well-timed reduction is an effective tool for sellers whose listings have stalled.
Austin Luxury Buyer Demand, Three Year Trend
Buyers closed luxury homes at an average of 4.55% under asking price in August, with a list-to-close ratio of 92.08%, both essentially in line with where this market stood a year ago, 0.8 percentage points tighter on over or under asking and 2.08 points higher on list-to-close.
Across the full three-year view, the percent under asking has ranged from roughly negative 6% at its widest to negative 1.7% at its narrowest, generally following a seasonal pattern where spring and early summer bring the tightest negotiating margins and late summer through winter bring more room for buyers. August’s figures sit in the middle of that seasonal range.
Austin Luxury Buyer Demand by County
Over the past three months, Williamson County has favored buyers most among the three counties, with a median of 33 days on market and buyers closing about 4% under asking. Travis and Hays Counties have run hotter, with both closing near 30 days on market and 3.5% to 4% under asking.
The differences are modest, and all three counties currently sit closer to a balanced market than a strongly seller-favored one. Still, if speed and negotiating room matter most to you as a buyer, Williamson County has offered a slight edge over the past quarter.
Austin Luxury Buyer Demand by Price Range
Demand strengthened most this year in the near-luxury $800,000 to $999,999 tier, where sales rose 23.1% year over year even as median days on market fell 14 days to 40. Every other luxury tier saw sales decline year over year in August: down 35.0% in the $1 million to $1.19 million tier, down 9.3% in the $1.2 million to $1.39 million tier, and down 2.7% in the $1.4 million-plus tier.
Despite fewer transactions, days on market fell across every price tier compared to a year ago, most sharply in the $1.4 million-plus tier, where it dropped 34 days to a median of 31. That is the same pattern seen in the market as a whole: fewer sales, but the ones that happen are happening fast.
Austin Luxury Monthly Buyer Demand Snapshot
August’s snapshot shows a median of 31 days on market, an average of 54 days on market, buyers closing 4.55% under asking on average, and a 92.08% list-to-close ratio.
Every one of those buyer demand metrics moved in the market’s favor compared to a year ago: days on market fell, both median and average, while the list-to-close ratio improved. That consistency across every metric in this snapshot is a strong signal that August’s market strength was broad-based rather than driven by one or two outlier sales.
Austin Luxury Sale Prices by Bedroom Count, Five Year History
Five-bedroom luxury homes have consistently commanded the highest median sale prices over the past five years, reaching $1.43 million in 2026, while four-bedroom homes sit at $1.33 million and three-bedroom homes at $1.24 million.
All three bedroom counts pulled back from 2021 highs, when five-bedroom homes peaked near $1.6 million, before stabilizing over the past two to three years. The gap between three and five bedroom luxury homes has narrowed since 2021, suggesting buyers are placing relatively more value on other features, like location, lot size, and finish quality, than on bedroom count alone.
Austin Luxury Market Temperature, Three Year Trend
This chart tracks median days on market against percent over or under asking to gauge whether the luxury market is running hot or cool. August 2026’s 31-day median places the market closer to the hotter market band this chart defines below roughly 20 days than to the cooler market band above roughly 63 days.
The market has cycled between these two extremes several times over the past three years, running hottest around January 2025 and coolest in the spring of 2026 before warming back up. August’s reading suggests the market is heating back up after a cooler spring, consistent with the compressed 31-day median time to sell reported elsewhere in this report.
Austin Luxury Home Sales Heat Map, Zip Code Sales Volume and Median Price
The zip codes with the highest sales counts and median prices in August cluster in central and west Austin, along with the Lake Travis and Westlake corridors, consistent with where this report’s Austin ISD, Eanes ISD, and Lake Travis ISD sales concentrated, 86, 34, and 34 sales respectively.
Georgetown and the northern Williamson County zip codes also show meaningful activity on this map, reflecting the continued growth of the luxury market outside the traditional core of Travis County.
Austin Luxury Home Sales Heat Map, Days on Market and Percent Over or Under Asking
The fastest-moving zip codes in August, shown in red on the days on market map, cluster in the same central and western corridors that saw the highest sales volume, reinforcing that the areas with the most transaction activity are also where homes are moving quickest.
Percent over or under asking varied more by pocket, with some zip codes closing right at asking price while others closed 5% to 7% under. If you are targeting a specific zip code, this variation is worth a direct conversation, since the citywide average can mask meaningfully different negotiating conditions block by block.
Austin Luxury Home Sales in August 2026
Here is a breakdown of luxury home sales in August 2026:
- 2 luxury homes that sold in August 2026 were foreclosures
- 9 were waterfront homes
- 86 were in the Austin Independent School District
- 16 were in the Dripping Springs Independent School District
- 34 were in the Eanes Independent School District
- 9 were in the Georgetown Independent School District
- 2 were in the Hays Consolidated Independent School District
- 34 were in the Lake Travis Independent School District
- 32 were in the Leander Independent School District
- 8 were in the Round Rock Independent School District
- 0 were in the San Marcos Consolidated Independent School District
- 1 were in the Wimberley Independent School District
- 36 were in gated communities
- 135 had a homeowners association
- 128 had a pool
- 71 had a septic system
- 183 were in Travis County
- 33 were in Williamson County
- 21 were in Hays County
Where Did Luxury Homes Sell in August 2026?
The map above shows where the 237 luxury homes that sold in August 2026 were located across Travis, Williamson, and Hays Counties. Sales concentrated most heavily in central and west Austin and the Lake Travis area, with meaningful clusters extending north into Georgetown and Round Rock and south toward Dripping Springs, reflecting the broad geographic footprint of Austin’s luxury market beyond its traditional core neighborhoods.
August 2026 Austin Luxury Real Estate Strictly by the Numbers
The table below is pulled directly from the Unlock MLS statistics for August 2026 and covers the 237 luxury home sales (homes that sold for $1,000,000 or more) in Travis, Williamson, and Hays Counties.
| Min | Max | Avg | Median | |
|---|---|---|---|---|
| Beds | 1 | 8 | 4 | 4 |
| Baths | 1 | 8 | 4 | 4 |
| Sq Ft | 768 | 9,530 | 3,819 | 3,693 |
| Lot Sq Ft | — | 1,788,574 | 57,752 | 17,180 |
| List Price | $959,779 | $7,400,000 | $1,796,623 | $1,475,000 |
| LP/Sq Ft | $182.82 | $1,614.58 | $494.17 | $437.77 |
| Acres | 0.068 | 41.060 | 1.326 | 0.394 |
| Close Price | $1,000,000 | $7,300,000 | $1,715,971 | $1,390,000 |
| CP/Sq Ft | $165.66 | $1,529.95 | $472.10 | $418.58 |
| CP/LP% | 75.00% | 113.00% | 95.92% | 96.00% |
| CP/OLP% | 60.00% | 110.00% | 92.65% | 94.00% |
| ADOM | 0 | 411 | 54 | 31 |
The most expensive luxury home that sold in August 2026 sold for $7,300,000 and the least expensive sold for $1,000,000. Homes ranged in size from 768 to 9,530 square feet with an average size of 3,819 square feet. The average price per square foot for a luxury home that sold in August 2026 was $472.10 with the lowest being $165.66 per square foot and the highest being $1,529.95 per square foot. It took, on average, 54 days to sell a luxury home and sellers received, on average, 92.65% of their original list prices.
The gap between the median 96.00% CP/LP figure and the median 94.00% CP/OLP figure is small, which tells you that most luxury sellers this month did not need multiple rounds of price cuts to find a buyer; the final list price and the eventual sale price were close together. The wide range between the fastest and slowest sales, an ADOM as low as a same-day close up to 411 days for the slowest listing, underscores how differently priced and marketed luxury homes can perform even within the same market.
Austin Luxury Real Estate Search Criteria
The data in this report covers homes that sold for $1,000,000 or more in Travis County, Williamson County, and Hays County during August 2026. Both single-family homes and condominiums are included if they meet the price threshold.
Luxury Homes for Sale Around Austin
As of September 9, 2026, there are 1,463 luxury homes (priced at $1,000,000 or more) for sale in the Austin area: 1,015 in Travis County, 215 in Williamson County, and 233 in Hays County.
With 237 luxury homes selling in August, current active inventory across the three counties represents a substantial cushion of choice for buyers heading into fall. The greatest concentration of inventory remains in Travis County, consistent with where the bulk of this month’s luxury sales occurred.
Tips for Luxury Home Buyers
With 5.65 months of supply overall, and 6.6 months in the $1.4 million-plus tier specifically, you have real leverage if you are shopping above $1.4 million. Do not feel pressured to compete on a home that has been sitting; 52% of active luxury listings have already taken at least one price cut, and the data shows more are likely to follow.
That said, do not assume every listing is negotiable to the same degree. Homes that are priced to the current market are closing in a median of 31 days at 96% of list price, so if you find a well-priced home in a location you want, be prepared to move quickly and make a competitive offer rather than assuming you have months to decide.
Pay attention to where you are shopping. Buyer demand and days on market vary by county, with Williamson County offering slightly more room to negotiate than Travis or Hays over the past three months, and by price tier, with the $1.4 million-plus segment carrying the most active inventory relative to sales pace.
If financing is part of your plan, build in time for a thorough closing process on higher-value properties. The average close price to original list price ratio of 92.65% this month shows sellers are willing to negotiate, but a fully underwritten offer with clean terms will still carry the most weight in a multiple-offer scenario.
Tips for Luxury Home Sellers
Price to the comparables that have actually closed, not to where the market was a year ago or to what you hope a buyer will pay. The homes that sold in 31 days this month were priced realistically from the start; the 701 active listings that have already taken a price cut, an average of 34%, were not.
Expect a fast timeline once you list. With the median time to sell down to 31 days from 60 a year ago, have your next steps worked out before you go live, whether that means a purchase contract on your next home or a temporary living plan.
If you are selling above $1.4 million, understand you are competing against the deepest pool of active inventory in the luxury market, 783 active listings and 6.6 months of supply. Differentiation matters more here: strong photography, a compelling first two weeks of marketing, and pricing that acknowledges the added competition at this tier.
Watch your CP/OLP percentage as a gut check. This month’s median seller received 94% of their original list price. If your home has been on the market for more than a month without an offer, that is a signal worth addressing with a pricing conversation rather than waiting it out.
The Bottom Line on the August 2026 Austin Luxury Real Estate Market
August 2026 was a month of contrasts in the Austin luxury market. Fewer homes sold, 237, down 12.9% from a year ago, but the ones that did sell brought a higher median price, $1,390,000, up 5.1%, and sold in barely a month, down 48.3% from last August’s pace.
That combination points to a market that has become more selective rather than weaker. Buyers are still active and willing to compete for well-priced, well-positioned luxury homes, but they are not chasing every listing. More than half of active luxury inventory has already needed a price correction, and the $1.4 million-plus tier in particular carries enough supply to favor patient buyers.
For sellers, the path forward is pricing discipline from day one. For buyers, it is being ready to move decisively on the right home while still shopping with leverage on the listings that have lingered. Both strategies are supported by the same data: a market with real demand, but one that is punishing overpricing more consistently than it has in recent years.
Austin’s luxury market has weathered a lot of change since Eleven Oaks Realty first started helping buyers and sellers since 1978, and the fundamentals that have always mattered, location, condition, and realistic pricing, continue to separate the homes that sell quickly from the ones that do not.
Thinking About Buying or Selling a Luxury Home in Austin?
If you are thinking about buying a luxury home in Austin, our Buyers page is a good place to start. If you are thinking about selling your Austin luxury home, visit our Sellers page to learn what to expect in today’s market.
Have questions about what the August 2026 Austin Luxury Real Estate Price Report means for your specific situation? Reach out to Rebecca Jacks and the team at Eleven Oaks Realty. Call or text (512) 827-8323 or email info@11OaksRealty.com. We have been helping buyers and sellers since 1978 and we are here to help you make the best decision for your situation.
Questions About the August 2026 Austin Luxury Real Estate Price Report?
Have questions about the August 2026 Austin Luxury Real Estate Price Report or the Austin luxury market in general? We would love to help. Reach out to Rebecca Jacks and the Eleven Oaks Realty team at (512) 827-8323 or info@11OaksRealty.com.
Data sources: Unlock MLS (direct pull), CentralTX aggregated platform. Luxury market defined as homes that sold for $1,000,000 or more in Travis County, Williamson County, and Hays County. Reported figures reflect August 1, 2026 through August 31, 2026. Some variation between data sources may exist due to differing methodology and timing of data pulls.
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