Austin Luxury Real Estate Market 2025: What Buyers Need to Know

Luxury real estate in Austin remains strong in 2025, but it’s far more strategic than in recent years.

Austin luxury homes typically start around $1.5M, with premier properties exceeding $10M+, depending on location, privacy, and lot size. While the market has normalized, demand remains steady in Austin’s most desirable neighborhoods, and well-priced homes continue to perform.

Here’s what today’s luxury buyers should know before making a move: 

Current Luxury Pricing in Austin

Most luxury homes in Austin fall into three tiers:

• $1.5M–$2.5M: Entry luxury

• $2.5M–$5M: Mid-luxury

• $5M–$10M+: Ultra-luxury

Pricing varies widely based on neighborhood, views, architectural quality, and privacy.

Inventory & Days on Market

Luxury inventory is healthier than in previous years, creating more balance.

• Average days on market range from 45–90 days

• Homes priced correctly sell consistently

• Overpriced luxury listings tend to sit and require adjustments

This market rewards preparation and precision.

Top Austin Luxury Neighborhoods

Some of Austin’s most sought-after luxury areas include:

• Westlake – Privacy, hill country views, and top-rated schools

• Tarrytown – Proximity to downtown with established estates

• Rollingwood – Exclusive, walkable, and close to the city core

• Barton Creek – Gated communities, golf, and scenic views

Each neighborhood attracts a different buyer profile, making local expertise essential.

Is It a Buyer or Seller Market?

Austin luxury real estate in 2025 is best described as balanced.

Buyers benefit from more options and negotiation leverage.
Sellers succeed when homes are priced accurately and positioned correctly.

Expert Perspective

As Austin luxury real estate advisors, we see the strongest results when buyers and sellers understand not just pricing but also neighborhood dynamics, timing, and long-term value.

If you’re considering buying or selling in Austin’s luxury market and want clarity on your options, we’re happy to help.

— The Pettitt Group | Austin Luxury Real Estate