Named ‘8 Oaks’ after the number of people in their family, this property located about 30-minutes from downtown Austin is truly one-of-a-kind. The sellers are commercial real estate developer and tech startup investor Vincent Sica, and his wife, Tracey Sica, who live at the estate with their six children. To honor each member of their family, they planted eight oak trees along the driveway that leads to the house.

Built in a modern ranch style, the $16 million home is being sold off-market (with Eklund|Gomes at Douglas Elliman), and it’s one of the most expensive off-market homes in the area. (Texas is a non-disclosure state, and most of the homes of this caliber are sold off-market.) Sica is also considering cryptocurrency as payment, as he’s an…

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Another record-breaking month is in the books for the red-hot Austin housing market.

The latest monthly report from Austin Board of Realtors reveals all-time highs for home prices at both the city and metro levels, with median home prices surging past the $500,000 and $600,000 marks, respectively, for the very first time.

In March 2022, the median home price in the city of Austin skyrocketed to a record-setting $624,000. That figure is up more than 22 percent from March 2021, when the city's median home price hit a then record of $515,000. In February 2022, the city's median home price sat at $565,000, signaling a jump of $99,000 in just one month.

Meanwhile, the median price for the Austin metro hit $521,100 in March 2022, also up more than…

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Members cumulatively closed over $2.9 billion in residential sales (up from 1.7 billion) in 2021 with 739 properties (up from 545) over $1 million. 

AUSTIN, TEXAS (APRIL 11, 2022) -- Thirty Austin-area real estate agents have been selected for membership in Luxury League for 2022. 

Each year, Luxury League invites Austin-area real estate agents who specialize in luxury transactions (over $1 million)  to apply for membership. The applications are then evaluated by an advisory board, who selects members based on their luxury residential sales volume from the previous year. Sixty-nine agents applied for membership in January of 2022; collectively the entire field of 69 applicants reported over $4.5 BILLION in residential sales in 2021.

The surge…

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An analysis from released last week reported Travis County tops Texas as the county with the highest median home price. The report, based on February 2022 real estate figures, reported a median home value listing at $637,000 — up more than $200,000 compared to February 2018 figures.

The five-year real estate analysis weighed out the median listings for Texas’ 10 most populated counties: Harris, Dallas, Tarrant, Bexar, Travis, Collin, Denton, Hidalgo, El Paso and Fort Bend. Despite not leading as the most populated county, Travis County’s increasingly expensive real estate landscape is a continuous trend as conversations surface on affordability concerns.

While Travis County topped the list for median home listings, Collin County…

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