We’ve received a few requests for detailed sales statistics by building. In response, we have re-run the 2010 MLS sales numbers to provide a more detailed picture of sales for all of the major condo projects — at least all the projects that had at least two completed sales on MLS.
The statistics include the average price, price per square foot, size, sales price as a percentage of the asking price, and the average days on market. In addition, we’ve provided the sales statistics for the least expensive and most expensive unit sold in each project.
In 360, for example, 38 units sold on MLS in 2010 for an average price of $375,779 and an average $/SF of $378. Interestingly enough, the most expensive unit was a penthouse that sold for $1.45 million for 2,022 square feet or $717 / square foot. It’s unusual to see such a high $/sf spread in a single project.
Here are the full building-by-building statistics for the top downtown Austin Condo projects:
360 Condominiums
38 units sold in 2010
Average Unit
Avg $: $375,779
$ / SF: $378
Avg SF: 960
% Ask: 96.9%
ADOM: 115
Least Expensive Unit
Min $ $240,000
SF 744
$/SF $323
Most Expensive Unit
Max $ $1,450,000
SF 2,022
$/SF $717
Austin City Lofts Amd
7 units sold in 2010
Average Unit
Avg $: $674,643
$ / SF: $373
Avg SF: 1,813
% Ask: 94.4%
ADOM: 100
Least Expensive Unit
Min $ $410,000
SF 1,482
$/SF $277
Most Expensive Unit
Max $ $1,050,000
SF 2,997
$/SF $350
Much more data after the jump!
