Austin’s booming housing market is redefining what counts as ‘luxury’ real estate

We’ve all seen the headlines: Austin’s real estate market is booming. 

The median price for a home in the Austin-Round Rock area is currently $480,000. Four years ago, it was $301,000. That’s a 59% increase in less than five years.

And the shifting real estate market is changing which properties are considered “luxury real estate.”