Today, more than 200 registered bidders showed up to compete for 31 units in the much anticipated Sabine auction.
In the end, 29 of 31 units sold for an average 30.5% discount with a final price per square foot of $228.
With strong demand, the developer added four units into the auction: three just days before the sale and the fourth unit during the auction.
Prices were about 19% lower on a price per square foot basis than...
Downtown Austin: Census Data in Perspective
(Ed.: The following was cross-posted to Downtown Austin Blog. Thanks to Jude Galligan for allowing me to publish this on his site.) Anyone who knows what a construction crane looks like...
Exclusive: MLS Stats Show Weak Jan/Feb Downtown Condo Sales
There is lots of evidence that the Austin real estate market is set to improve: inbound migration rates are extraordinarily high. Job growth is back. Inventory is declining. Rental rates are...
Updated: Building-by-Building Monthly Condo Fees
Condo fees fund the daily operations and maintenance of most condo buildings. They cover security, landscaping, cleaning of common area, common area energy use, maintenance, and other key...
Downtown Austin Condo Sales Soar in May
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...
Exclusive: 2009 Condo MLS Sales Review
With the help of urbanspace Realtors, we have put together a comprehensive analysis of recorded downtown Austin condo transactions in 2009. The analysis looks at MLS data capturing 2009 condo...
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