The single-family home at 2103 Bowman Avenue in Tarrytown was the most expensive publicly listed property to go under contract in Austin last week, according to data from the Eklund-Gomes team. The house, which had an asking price of $2.6 million and spent just 13 days on the market, is owned by Blake and Catherine Orlandi. Public records show they purchased it last year when it was listed for $2.3 million.
Blake Orlandi is CEO of Book of the Month, a company he has been credited with revitalizing. The home, built in 1941, stands out in a luxury real estate market where inventory has increased and properties are often taking longer to sell, sometimes requiring price reductions. Sellers who bought homes after the peak of the market in 2022 have especially faced these challenges.
Nearby examples illustrate this trend: a newly built mansion at 2209 Bowman Avenue sold after nearly 200 days on the market following a price cut. Another recent high-end sale involved a home that likely sold for less than its purchase price last year.
Although final sale prices for the Orlandis’ home are not yet available, it went under contract with an asking price about 13 percent higher than what it was listed for last year—a rare increase amid declining prices across much of Austin’s luxury housing segment.
The residence spans approximately 3,200 square feet and includes four bedrooms, four bathrooms, and a fenced backyard with a detached garage. Monica Painter from Moreland Properties is handling the listing.
The second-highest priced contract last week was for unit 1701 at Seaholm Residences at 222 West Avenue. The condo, converted from an old power plant, was listed at $2.4 million.
