Who is buying all of the new downtown condos? A recent survey commissioned by the Downtown Austin Alliance and conducted by Charles Heimsath, president of Capitol Market Research, sheds new light on this very important question. The survey reveals five interesting facts about downtown Austin Condo buyers:1. Only 13% of buyers are buying for investment reasons. While most new buildings are capping the number of investors at 25 percent, the vast majority of buyers are owner-occupants.2. For the high price range, buyers tend to be young: 27 percent are younger than 30; 35 percent are ages 30 . . .
Search
You are here: Home / Market Analysis / Who is Buying Downtown: 5 Statistics that Summarize Downtown Condo Demographics
Search suggestions: condos for sale • rainey street
About towers staff
Real estate, architecture, and city planning. Email: austin@towers.net
-
Lot Size9,518 sqft
-
Home Size2,023 sqft
-
Beds4 Beds
-
Baths3 Baths