Austin Modern Living, Realtors — Blog
Was working on some research this morning and thought I’d share this: The average sales price for downtown Austin condos for the trailing 12 months 7/20/12 was $451,435 which is a 28% increase. Part of that increase is from some high dollar closings at The Austonian and The W Austin…there were 5 closings between $2.3M – $2.75M. Highest price paid for a downtown Austin condo was a whopping $756.53/sf. Average prices have increased 53% since same period 2005. Austin condo realtors
If you are looking to buy a downtown Austin condo, I wouldn’t wait around too long. Inventory is starting to seriously dwindle for high quality downtown Austin luxury towers and quality Austin condos in general. This summer we will see a lot more purchases in the 3 downtown Austin luxury towers. And if you are investing, consider this: we just leased a W Condo for $7500/month for a 1718 sf unit…that’s $4.36/sf. Oh, and if you have a luxury downtown condo that you want to rent out or sell, call us or get a list of all the Austin condos that match exactly what you are looking for. For those who prefer luxury apartments or want a short term luxury apartment, we have a list of preferred high quality properties that we can show you…service is free to you so give us a call.
Thanks to Karen Kopecky’s office for this great photo of Jacques’ unit at The W Residences in Austin. Darwin the cat is about the coolest animal I’ve ever met! Great job on the interior design guys. (This unit is not for sale, just posting the cool photo up…if you are looking for information on deals right now at The W Austin give me a call at 512-413-0870 or you might be interested in our Austin condo guide.)
Just very happy to have my clients finally closing at The W Austin Residences next week! Anyone looking to buy at The W, please call me at 512-413-0870 and I’ll get you the best price possible….plus some back in some cases….ask me, it will make you happy…I promise.
I have a pocket listing at the Austin Four Season’s Residence on a KILLER unit with great views. The seller is in a situation and needs to assign their contract to one-heck-of-a-lucky buyer who wants to take advantage of this unfortunate situation and get a great downtown Austin condo at a huge discount. This deal evaporates around Novemeber 1 so call me today if you are interested 512-413-0870.
