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Cool down: 5 houses on the market that have rapidly dropped thousands in price

(Realty Austin)

Gone are the days of paying $100,000 over asking price for a fixer-upper—your dollar now goes a little further in Austin’s real estate market.


Housing prices are dropping across the country, inventory is up, sales are down and the transition into a buyer’s market is beginning as realtors work to set expectations for sellers.

Boomtowns like Austin are seeing some of the most dramatic effects of the slump—while paying over asking price was normal last year, houses are more likely to sell below listing price at the moment.

(Moreland Properties)

This sprawling, two bedroom, three bathroom—including a private one bed, one bath guest apartment—dropped an eye-opening $251,000 on July 14 since it was originally listed for $3,250,000 on June 24. Built in 2001 in the Watersmark Barton Creek gated community, the home was updated this year and last sold for $1,500,000 on April 13, 2018.

This listing is held by Eric Moreland of Moreland Properties.

(Realty Austin)

This three-bedroom, two-and-a-half bathroom Hudson Bend home has views for days, is just over 10 years old and dropped $115,000, originally listed for $1,050,000 on Aug. 9, as of Wednesday. With three stories of open floor plans to spread out—translating to sky-high ceilings in the living room—and multiple decks overlooking the lush greenbelt that allow natural light to flood inside, this home has been on the market for nine days.

This listing is held by Realty Austin.

(Realty Austin)

Located in far South Austin on a corner lot, 1400 Huckleberry Lane first hit the market on May 19 for $566,000 and has since dropped in price five times, sitting at $502,000 as of Wednesday. With three bedrooms, two-and-a-half bathrooms and a large backyard, this house has plenty of space for a family and landscape potential outside. This house was last sold on Jan. 1, 2019 for $283,444.

This listing is provided by Realty Austin.

(Realty Austin)

This quaint little three-bedroom, two-bathroom home is shrouded in greenery and gives off a retro vibe with its stone focal point fireplace, plush carpeting, breakfast nook and sliding doors. Originally listed for $595,000 on May 12, this listing has dropped in price seven times and fallen a total of $104,000 as of Wednesday. It was last sold for $219,900 on Oct. 7, 2015, and leased for $1,595 starting in 2017.

This listing is provided by Realty Austin.

(Realty Austin)

If you’re looking for a Sunset Valley home, 7804 Clydesdale Dr. boasts three bedrooms and two-and-a-half bathrooms across 1,197 square feet, plus a $111,000 price decrease since May. Originally listed on May 9 for $545,000, the home has dropped price six times up to Aug. 11, outside of a month-long stint when it was listed for $551,000 before being pulled off the market.

This listing is provided by Realty Austin.

Popular

Tito's releases (not so?) ugly sweater line for the holidays, profits to charity

Tito's Handmade Vodka

Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.

There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.

All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.

Click here to see the entire collection in the Tito's store.

Mac and Cheese Fest and Free Art Exhibit
Waterloo Greenway, Good Vibrations Installation


🗓 All weekend

🎨 Creek Show Art Exhibit

Check out this highly anticipated art exhibition with illuminated art along Waller Creek. Tickets are free and the event includes food vendors, dazzling lights, live music, and hands-on activities

All weekend 6 p.m - 10 p.m | 📍Waterloo Park

✨ Mozart's Light Show

This iconic holiday tradition lights up for the first time this holiday season starting this weekend! Reserve your spot for an enchanting light and sound performance, delicious hot cocoa, sweet treats, and some overall fun with your friends or family. The show runs till January 6th.

6 p.m and 9 p.m | 📍Mozart's Coffee Roasters - 3825 Lake Austin Blvd, Austin, TX 78703

🗓 Saturday

🥊 Kickboxing in the Park

This fitness event is free and open to the public. Get your morning started right with a "Fitness in the park" class for kickboxing! The class will be led by certified instructors and is a great way to get a cardio workout in while also honing your self-defense skills.

10 a.m - 11 a.m | 📍 Metz Park

🛍 The Front Market

Support local LBGTQ+ and female artists at this outdoor market with over 150 vendors. Get your holiday shopping out of the way at this event, with vendors for food trucks, handmade goods, raffles, hands on workshops and activities, and more.

11 a.m - 5 p.m | 📍Ani's Day and Night - 7107 E Riverside Drive, Austin, TX 78741

🗓 Sunday

🧀 Mac and Cheese Fest

Did someone say cheese?! If you're like me and always willing to get your hands on a bowl of mac and cheese, then this event is for you. Check out the Mac and Cheese festival happening this weekend to decide which vendor has. the best mac and cheese for yourself, and enjoy the bar with creative cocktails while you're at it. Tickets start at $45.

11 a.m - 3 p.m | 📍Lantana Place - 7415 Southwest Parkway