We’ve updated the AustinTowers | TOWERS Realty Downtown Austin Condo Market Index for August and September, 2010. After 14 months of year-over-year sales gains, sales volumes in September dropped to below their year ago level.
| Month |
Sales |
Avg. Price |
$/SF |
Avg SF |
Avg Year |
% Ask |
ADOM |
| Aug-09 |
14 |
$252,029 |
$255 |
986 |
1987 |
93% |
57 |
|
Aug-10 |
16 |
$330,088 |
$298 |
1,056 |
2004 |
94% |
57 |
|
Change |
14% |
31% |
16% |
7% |
16.07 |
1% |
0% |
|
Month |
Sales |
Avg. Price |
$/SF |
Avg SF |
Avg Year |
% Ask |
ADOM |
| Sep-09 |
15 |
$258,993 |
$307 |
845 |
1986 |
91% |
81 |
|
Sep-10 |
12 |
$221,745 |
$282 |
786 |
1993 |
96% |
113 |
|
Change |
-20% |
-14% |
-8% |
-7% |
7.13 |
6% |
40% |
During August and September, 28 units worth a total of $7.9M were transacted on the MLS: 1 less than during the same period in 2009. While volume and price both increased in August and then decreased in September
Leave a Reply