DAB STATS: July Transaction Summary
Summary of downtown Austin residential real estate transactions in July
View ArticleDAB STATS – August Residential Sales Summary
Oh, August. TGIF. It's been so friggin' hot! In August we recorded 16 transactions with the average sale price of a downtown Austin condo hovering around $298 per foot.
View ArticleChoice Downtown Austin Block Purchased For $21.75MM
Travis County has will purchase a tract of downtown Austin land owned by the Austin Museum of Art for $21.75MM,
View ArticleDowntown Austin Condo Prices On The Rise in December
The downtown Austin loft & condo market hit many milestones this year: 1) Austonian opened 2) Four Seasons opened 3) W Hotel residences approached completion. Downtown hosted over $60MM in resale...
View ArticleW Hotel Residences Begins Closings In January As Downtown Austin Condo Sales...
The most significant downtown Austin condo news from January must be the first closings at the W Hotel Residences (aka Block 21 Residences). The W is the last of the luxury high rises to open, and...
View ArticleDowntown Austin: Census Data In Perspective
Anyone who knows what a construction crane looks like knows that downtown Austin experienced phenomenal growth between 2000 and 2010. The 2010 Census confirms what we could see: Census tract 11 (which...
View ArticleDowntown Austin Condo Transaction Report For April (And March, Sort Of)
In April, I didn’t publish a transaction summary covering March’s downtown deals. I had assembled all the info, drafted the post, and it was ready to publish. Some of you noticed that I never got...
View ArticleIs Austin Bicycle Theft On The Rise?
There were more bike thefts reported in the heart of downtown Austin during the first five months of 2011, compared to 2010, according to city police records I compiled. However, reports are down in...
View ArticleDowntown Austin Condo Sales Remain Strong In May
For the first time since the bubble burst, the average price per square foot of a downtown Austin condo has increased four months in a row. Last month, downtown Austin closed 62 condos* with 29 more...
View ArticleCrossing The Chasm: A Perspective On New Construction
I'm attempting two things in this post: 1) offer some perspective on sales in downtown Austin's high profile luxury condos, and 2) predict when those buildings will approach being completely sold.
View Article2011 Recap of Downtown Austin Condo Sales
If you were a seller in downtown Austin condo market last year, then you did slightly better than sellers in 2010. If you were a buyer in downtown Austin in 2011, then you were more focused on...
View ArticleDAB Stats: Downtown Austin Sales
February delivered strong numbers for sales of downtown Austin condos. I count nine new construction sales and 14 resales (compared to six and 10 in January respectively). The 14 resales averaged $397...
View ArticleBY THE NUMBERS: Downtown Austin Highrise Sales
In light of the recent Statesman article highlighting new construction sales, I thought this would be a good time to update our trending chart for downtown condos. Combined sales of new construction...
View ArticleBY THE NUMBERS (June): Downtown Austin Condo Sales
In June, we observed downtown Austin condo prices averaging $381/ft for resales and $590/ft for new-luxury sales. With no new projects planned, a chunk of downtown Austin’s condo inventory is removed...
View ArticleBREAKING: Sales Of New Downtown Austin Condos Average More Than $1,000,000
For the first time, the average sales price of a new condo in downtown Austin is more than $1,000,000. It’s not news that residences cost more than $1,000,000. It is news when we’re talking about...
View ArticleBy The Numbers: Downtown’s Shrinking Inventory
The data supports what we all see – demand exceeds supply for downtown condos, especially dwellings priced under $500,000. May was the first month ever that both the average and median price per foot...
View ArticleVisiting Seattle
Jude and I like to travel in December, and we recently took our annual winter trip. This year’s trip began in Seattle, WA. Neither of us had ever been to Seattle before, and were pleasantly surprised...
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