market index

We've updated the AustinTowers | urbanspace 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.

We've updated the AustinTowers | urbanspace Downtown Austin Condo Market Index for June and July, 2010.

With the new results loaded, we are pleased to announce that year-over-year sales volumes have increased for the 13th month in a row.

In addition, more expensive units are starting to sell, prices are rising, and average days on market is dropping.

The downtown Austin condo market continues to gain strength as it enters it's second year of growth and recovery.

We've updated the AustinTowers | urbanspace Downtown Austin Condo Market Index through May, 2010 and, for the twelfth month in a row, MLS sales volumes have increased in comparison to previous year numbers.

On a per square foot basis, however, year-to-date prices are down about 9% over the comparable 2009 numbers based on a 12-month rolling average.

We've updated the AustinTowers | urbanspace Downtown Austin Condo Market Index for January and February, 2010.

With the new results loaded, we are pleased to announce that year-over-year sales volumes have increased for the eighth month in a row.

That, however, is where the good news ends.

We've crunched the numbers and updated the AustinTowers | urbanspace Downtown Austin Condo Market Index fro June, 2009 and the results are amazingly unremarkable.

AustinTowers is very pleased to announce one of the biggest enhancements to the site: up-to-date information on downtown Austin condo sales and inventory.

The AustinTowers | urbanspace Downtown Austin Condo Market Index provides a month-by-month snapshot of the strength of the downtown Austin condo market.

The index includes three components which will be updated each month:

We've received the latest monthly downtown Austin condo sales report from our friends at urbanspace realtors.

Here are the results from January, 2009 :