What do you know about the Austin Condo Market?
January 18, 2011 by Laura Duggan · Leave a Comment
What do you know about the Austin Condo Market?
Wow! What a question. And no matter what type of client I work with–inevitably the conversation turns to this topic. Specifically, most people want to know who all those crazy people are living in those downtown condos. I always laugh at that remark because
I am one of those crazy people.
Most people see the price tag—the price per square foot and it makes their head spin. Then I mention that I live 100 yards from town lake and the trails, a 10 minute walk to some of the best restaurants and entertainment in Austin and a 5 minute drive to work. Not so bad.
And about 1,700 people agree with me when they purchased a condo last year. On top of that are 400-500 people who purchased a brand new condo in either The Spring, The Austonian or The Four Seasons Residences. Not one of these sales were recorded in the Austin-Central Texas Multiple Listing Service.
Watch the short video to get quick insight into Austin’s condo market. Then, download the market report below.
A friend and fellow Realtor sent me the below quote. Hope you enjoyed MLK Day!
Life’s most persistent message is, ‘What are you doing for others?’ – Martin Luther King, Jr.
Best,
Laura
