The 19 remaining Brazos Place condominiums sold at auction on Sunday for $282/sf, a 29% discount to the original list prices.
That still sounds pricey, but it's a good deal compared to some of the surrounding neighborhoods. (You can search here .) In Bouldin Creek, for example, 11 homes are listed for less than $400,000 at an average of $320/sf.
$282/sf is a relative bargain. In fact, so was the 2008 downtown condo average of $308/sf....
La Vista on Lavaca is Dead. Again.
After a decade of starts and stops, the ill-fated La Vista on Lavaca condo project appears to be fully dead. Now the planned nine-story residential mixed-use tower consisting of 19...
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SXSW Quietly Updates List of 2010 Bands
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October Surprise: Austin Home Sales Surge
We reported 9 days ago that downtown Austin condo sales were up 44% year-over-year while prices were down 3%. This was good news but not necessarily indicative of the broader Austin market....
Analysis: Downtown Condo Supply & Demand
Over the last ten years, the Austin metropolitan area population has grown by 500,000 people. Over the last three years, 100,000 more people have moved to Austin than have left the city. In...
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