"How much will this condo be worth in a few years?" Is there a more important question for an investor? It's a question without a specific answer, though. Nobody can predict the future, of course. However, we can glean insight from what history tells us. The information we uncovered is pretty interesting. Below is an analysis I prepared on the moving average of a 5 year ...
Market Analysis
Tower Vs. Tower: AT’s Austin Condo Cheat Sheet
There's a lot of disparate information on the "internets" about Austin's condo towers, so we observed it could be useful to see the basics on a single page. This is information we have presented in other forms across the site. Hopefully readers can use this as a simple, basic cheat sheet. This is a handy "at-a-glance" guide to condos for sale in downtown Austin, and a good ...
Exclusive: 30 Month Milago Sales Analysis
Over the last 30 months, 344 downtown Austin condos sales have been recorded on the MLS. Of these sales, an amazing 52 have been in the Milago -- more sales than any other downtown Austin condo project (360 is #2). Of course, MLS statistics exclude sales that aren't listed on MLS -- including almost all sales by the developer. As a result, the MLS statistics provide a clear ...
Condo Liquidity Analysis: Will You Be Able to Sell?
If you are thinking of buying a downtown condo unit that you will eventually sell, you need to think about liquidity. Unfortunately, rapid growth in the number of downtown units has also meant fierce competition among sellers in some projects. With so many sellers and ongoing competition from new units in projects like Spring, it can be difficult to sell. When thinking about ...
Exclusive: 2009 Condo MLS Sales Review
With the help of TOWERS Realty, we have put together a comprehensive analysis of recorded downtown Austin condo transactions in 2009. The analysis looks at MLS data capturing 2009 condo sales in area DT during the year 2009. Like all listing data, it excludes private transactions that were not listed on the MLS. This is a big exception considering that hundreds of units have ...