What do you know about the Austin Condo Market?

January 18, 2011 by · 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,

Download Market Report

About Laura

Laura is a third generation native of Austin who grew up in Tarry Town in Central Austin. She is the owner and broker of West Austin Properties and has been selling real estate in the Austin area since 1979. Laura is married to the love of her life, Brad, and they have two grown daughters. Together, they love to explore all of the fun spots Austin has to offer.