Real estate is insane everywhere right now, even in an ugly, boring place like Rochester, MN. My gf's sister lives in Austin and sends us these hilarious real estate listings. This one will probably sell for $1.1-1.2 million. Anything that gets listed in Austin receives over a hundred offers in just a few days. Most will be under contract within 48 hours, with the inspection waived (same is true in MN!). People will bid $50-100,000 over list and write a letter to the seller/agent explaining their educational and professional achievements.