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Fredericksburg Texas Luxury Homes and 2015 Texas Sales Report

Posted in: Market Updates
By SAGE - Premium Texas Real Estate
Jan 9, 2015 - 7:39:20 PM

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In the Fredericksburg Texas luxury homes market, upwards of three dozen fabulous luxury homes are listed for sale today.  The distinguished selection includes properties in town and in outlying areas.  Some are on smaller acreage and others include quite a bit of land.  The fine collection of luxury homes offers a laid-back Hill Country atmosphere in an award-winning community.

Home designs vary greatly.  Buyers choose from palatial estates, country manors, hunting cabins, properties with swimming pools, secluded properties, convenient properties, income-producing homes that could be operated as B&Bs, and great seasonal and vacation options.  Many homes feature limestone exteriors, a sure sign of Fredericksburg quality.

2015 Texas Luxury Home Sales Report

TheTexas real estate market experienced healthy sales of Texas luxury homes between January and October 2014.  In the four Metropolitan areas, sales of homes priced at $1 million and more increased again.  Small land purchases are also popular in Texas.

Within the four major Texas Metropolitan areas, Texas luxury home sales increased between 9 percent to over 25 percent year-over-year.  Austin and San Antonio are the closest metro areas to the Fredericksburg Texas real estate market.  According to data presented by the Real Estate Center at Texas A&M University, Texas luxury home sales are very healthy in both Austin and San Antonio.  Fredericksburg Texas luxury real estate sales may follow a curve related to sales in these two nearby cities.

Austin: Luxury home sales made up two percent of the total housing market in Austin.  From January through October, 479 luxury homes sold.  This represents a 9 percent increase year-over-year.

San Antonio: Luxury home sales comprised 0.for percent of the total housing market in San Antonio.  Year over year, from January through October 2014, luxury homes sold.  This represents a 26 percent increase.

Who are the Buyers?

Thousands of new residents are coming to Texas every week to enjoy the high-quality lifestyle.  The economy is thriving and businesses are coming to enjoy the friendly tax structure.  The state outpace the rest of the nation in drawing citizens from other states.  The large number of new residents that moved into Texas in 2014 included retirees, skilled professionals, and internationals who could afford Texas luxury homes.  

The Texas Association of Realtors published more details in its 2015 Edition of the Texas Luxury Home Sales Report released on January 5, 2015.

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Texas Real Estate

For more information about Fredericksburg Texas luxury homes, large tracts, ranches, and Hill Country homes, please contact Dale Cook of Sage Premium Texas Real Estate in Fredericksburg at 830-997-1035.

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Dale E. Cook, MBA, Broker/Owner

Sage - Premium Texas Real Estate
Chase Bank Building
150 E. Main St., Suite 303
Fredericksburg, TX 78624

830-997-1035 office
830-992-0056 cell

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