Downtown Condo Sales Heat Up

According to the Austin Business Journal, sales at the newest downtown condo projects including W, the Austonian, the Four Seasons Residences, and Spring have accelerated in recent weeks with more than 30 closings in October for downtown condos

Sales at the five newest downtown condo buildings heated up in recent weeks, showing a continued trend since late summer that condos are selling well despite the sluggish housing market overall. According to the report, the W has now sold 60% of its 159 Units and BartonPlace has sold 54% of its 270 Units. SInce these units are sold directly by the sales offices, they do not hit MLS and are not reported in monthly MLS statistics.