two homes during the same time period in 2020. Meanwhile, 1,440 homes in Austin have sold for between $100,000 and $299,999 above asking price, compared with 20 homes last year. Just over 4,500 homes in the metro have sold for between $25,000 and $99,999 above asking price, up from about 350 last year. The margin is smaller for homes that sold for less than $25,000 above asking price, with 2,810 homes in Austin selling above that threshold so far this year versus 2,748 last year. "I recently sold a home that was listed at $565,000 and closed at $715,000. We received about a dozen offers—which is actually a low number by today's standards," said Austin Redfin agent John Dawson. "The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful."