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As of August 2024, the Barton Creek housing market has experienced some fluctuations. The median sale price of homes in the area was $2.3M, reflecting a 20.0% decrease compared to the previous year. Homes are selling for around $490 per square foot, which represents a 30.6% decrease year-over-year. Despite these drops, the average home value in Barton Creek is holding strong at $2,169,263, showing only a slight 0.4% decline over the past 12 months.
While the market is adjusting, there are positive signs of increased activity. Homes are selling faster, typically going under contract after 55 days on the market, a marked improvement from the 77 days seen in the previous year. The number of homes sold in August 2024 rose to 4 homes, compared to 3 the previous year. Although multiple offers are not common, some hot properties receive competitive bids, particularly homes that are priced to move quickly.
For buyers, Barton Creek presents opportunities for negotiation. Over the past six months, homes have been selling for approximately 5% below list price. However, more recent data indicates that sellers are accepting offers 3-4% below list price. Hot properties may sell closer to list price, typically within 34-50 days of hitting the market.
Barton Creek boasts a diverse selection of luxurious homes with various architectural influences. Whether you're seeking a large, modernized luxury home or a hill country modern garden home, Barton Creek has something for everyone. The area is also known for its Craftsman-style mansions, Mediterranean-style villas, and custom-built estates inspired by Italian Renaissance and Spanish Revival styles.
Residents of Barton Creek enjoy an array of amenities, making it a prime location for luxury living:
The Barton Creek real estate market is heating up. In September 2024, there were 24 new properties listed, an 84.62% increase in activity. The average asking price for active listings was $1,670,723, offering a range of options for luxury homebuyers.
Whether you're buying or selling in Barton Creek, this exclusive community offers the perfect balance of luxury, lifestyle, and convenience. Contact us today to explore available listings and make Barton Creek your next home.
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The Drewett family has been living in Austin for over 30 years, and they credit their success in real estate to their extensive local knowledge.
