Exclusive: Building-by-Building Sales Analysis
April 03, 2011 14:29 Filed in: News
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We've received a few requests for detailed sales statistics by building. In response, we have re-run the 2010 MLS sales numbers to provide a more detailed picture of sales for all of the major condo projects -- at least all the projects that had at least two completed sales on MLS.
The statistics include the average price, price per square foot, size, sales price as a percentage of the asking price, and the average days on market. In addition, we've provided the sales statistics for the least expensive and most expensive unit sold in each project.
In 360, for example, 38 units sold on MLS in 2010 for an average price of $375,779 and an average $/SF of $378. Interestingly enough, the most expensive unit was a penthouse that sold for $1.45 million for 2,022 square feet or $717 / square foot. It's unusual to see such a high $/sf spread in a single project.
Here are the full building-by-building statistics for the top downtown Austin Condo projects:
360 Condominiums
38 units sold in 2010
Average Unit
Avg $: $375,779
$ / SF: $378
Avg SF: 960
% Ask: 96.9%
ADOM: 115
Least Expensive Unit
Min $ $240,000
SF 744
$/SF $323
Most Expensive Unit
Max $ $1,450,000
SF 2,022
$/SF $717
Austin City Lofts Amd
7 units sold in 2010
Average Unit
Avg $: $674,643
$ / SF: $373
Avg SF: 1,813
% Ask: 94.4%
ADOM: 100
Least Expensive Unit
Min $ $410,000
SF 1,482
$/SF $277
Most Expensive Unit
Max $ $1,050,000
SF 2,997
$/SF $350
Nokonah Condo Amd
6 units sold in 2010
Average Unit
Avg $: $433,004
$ / SF: $337
Avg SF: 1,216
% Ask: 92.6%
ADOM: 133
Least Expensive Unit
Min $ $220,000
SF 849
$/SF $259
Most Expensive Unit
Max $ $1,125,000
SF 2,487
$/SF $452
The Shore A Condo Amd
10 units sold in 2010
Average Unit
Avg $: $312,895
$ / SF: $306
Avg SF: 1,015
% Ask: 95.8%
ADOM: 108
Least Expensive Unit
Min $ $179,500
SF 535
$/SF $336
Most Expensive Unit
Max $ $405,000
SF 1,219
$/SF $332
Brazos Lofts Condo Amd
3 units sold in 2010
Average Unit
Avg $: $637,333
$ / SF: $305
Avg SF: 2,008
% Ask: 90.8%
ADOM: 183
Least Expensive Unit
Min $ $380,000
SF 1,313
$/SF $289
Most Expensive Unit
Max $ $1,150,000
SF 3,360
$/SF $342
Five Fifty 05 Condo Amd
8 units sold in 2010
Average Unit
Avg $: $749,375
$ / SF: $299
Avg SF: 2,297
% Ask: 92.7%
ADOM: 93
Least Expensive Unit
Min $ $245,000
SF 944
$/SF $260
Most Expensive Unit
Max $ $1,650,000
SF 4,183
$/SF $394
Brown Bldg Lofts Condo Amd
5 units sold in 2010
Average Unit
Avg $: $243,978
$ / SF: $291
Avg SF: 845
% Ask: 95.4%
ADOM: 84
Least Expensive Unit
Min $ $195,000
SF 637
$/SF $306
Most Expensive Unit
Max $ $330,000
SF 1,180
$/SF $280
Plaza Lofts Condo Amd
3 units sold in 2010
Average Unit
Avg $: $546,500
$ / SF: $288
Avg SF: 1,896
% Ask: 92.4%
ADOM: 341
Least Expensive Unit
Min $ $505,000
SF 1,896
$/SF $266
Most Expensive Unit
Max $ $574,500
SF 1,897
$/SF $303
Milago Condo Amd
22 units sold in 2010
Average Unit
Avg $: $264,817
$ / SF: $265
Avg SF: 992
% Ask: 96.4%
ADOM: 72
Least Expensive Unit
Min $ $177,651
SF 756
$/SF $235
Most Expensive Unit
Max $ $375,000
SF 1,189
$/SF $315
Brazos Place Condo Amd
4 units sold in 2010
Average Unit
Avg $: $207,050
$ / SF: $255
Avg SF: 804
% Ask: 97.5%
ADOM: 73
Least Expensive Unit
Min $ $138,500
SF 622
$/SF $223
Most Expensive Unit
Max $ $327,000
SF 1,170
$/SF $279
Cambridge Condo Amd
16 units sold in 2010
Average Unit
Avg $: $277,656
$ / SF: $254
Avg SF: 1,158
% Ask: 93.7%
ADOM: 101
Least Expensive Unit
Min $ $142,500
SF 460
$/SF $310
Most Expensive Unit
Max $ $620,000
SF 2,445
$/SF $254
Railyard Condo Amd
6 units sold in 2010
Average Unit
Avg $: $237,817
$ / SF: $251
Avg SF: 985
% Ask: 97.9%
ADOM: 50
Least Expensive Unit
Min $ $155,500
SF 621
$/SF $250
Most Expensive Unit
Max $ $296,000
SF 1,196
$/SF $247
Avenue Lofts Condo
3 units sold in 2010
Average Unit
Avg $: $241,667
$ / SF: $242
Avg SF: 1,013
% Ask: 95.4%
ADOM: 124
Least Expensive Unit
Min $ $225,000
SF 1,095
$/SF $205
Most Expensive Unit
Max $ $255,000
SF 1,092
$/SF $234
Penthouse Condo
6 units sold in 2010
Average Unit
Avg $: $136,533
$ / SF: $215
Avg SF: 635
% Ask: 97.2%
ADOM: 85
Least Expensive Unit
Min $ $89,900
SF 420
$/SF $214
Most Expensive Unit
Max $ $218,600
SF 954
$/SF $229
Sabine On 05 Residential Condo
8 units sold in 2010
Average Unit
Avg $: $198,563
$ / SF: $205
Avg SF: 987
% Ask: 92.7%
ADOM: 34
Least Expensive Unit
Min $ $159,000
SF 693
$/SF $229
Most Expensive Unit
Max $ $294,000
SF 1,456
$/SF $202
Towers Town Lake Condo Amd
7 units sold in 2010
Average Unit
Avg $: $276,929
$ / SF: $194
Avg SF: 1,427
% Ask: 96.0%
ADOM: 157
Least Expensive Unit
Min $ $219,500
SF 1,357
$/SF $162
Most Expensive Unit
Max $ $307,500
SF 1,360
$/SF $226
Greenwood Towers Amd
4 units sold in 2010
Average Unit
Avg $: $114,500
$ / SF: $153
Avg SF: 748
% Ask: 92.0%
ADOM: 94
Least Expensive Unit
Min $ $86,000
SF 608
$/SF $141
Most Expensive Unit
Max $ $139,000
SF 857
$/SF $162
Tweet
We've received a few requests for detailed sales statistics by building. In response, we have re-run the 2010 MLS sales numbers to provide a more detailed picture of sales for all of the major condo projects -- at least all the projects that had at least two completed sales on MLS.
The statistics include the average price, price per square foot, size, sales price as a percentage of the asking price, and the average days on market. In addition, we've provided the sales statistics for the least expensive and most expensive unit sold in each project.
In 360, for example, 38 units sold on MLS in 2010 for an average price of $375,779 and an average $/SF of $378. Interestingly enough, the most expensive unit was a penthouse that sold for $1.45 million for 2,022 square feet or $717 / square foot. It's unusual to see such a high $/sf spread in a single project.
Here are the full building-by-building statistics for the top downtown Austin Condo projects:
360 Condominiums
38 units sold in 2010
Average Unit
Avg $: $375,779
$ / SF: $378
Avg SF: 960
% Ask: 96.9%
ADOM: 115
Least Expensive Unit
Min $ $240,000
SF 744
$/SF $323
Most Expensive Unit
Max $ $1,450,000
SF 2,022
$/SF $717
Austin City Lofts Amd
7 units sold in 2010
Average Unit
Avg $: $674,643
$ / SF: $373
Avg SF: 1,813
% Ask: 94.4%
ADOM: 100
Least Expensive Unit
Min $ $410,000
SF 1,482
$/SF $277
Most Expensive Unit
Max $ $1,050,000
SF 2,997
$/SF $350
Nokonah Condo Amd
6 units sold in 2010
Average Unit
Avg $: $433,004
$ / SF: $337
Avg SF: 1,216
% Ask: 92.6%
ADOM: 133
Least Expensive Unit
Min $ $220,000
SF 849
$/SF $259
Most Expensive Unit
Max $ $1,125,000
SF 2,487
$/SF $452
The Shore A Condo Amd
10 units sold in 2010
Average Unit
Avg $: $312,895
$ / SF: $306
Avg SF: 1,015
% Ask: 95.8%
ADOM: 108
Least Expensive Unit
Min $ $179,500
SF 535
$/SF $336
Most Expensive Unit
Max $ $405,000
SF 1,219
$/SF $332
Brazos Lofts Condo Amd
3 units sold in 2010
Average Unit
Avg $: $637,333
$ / SF: $305
Avg SF: 2,008
% Ask: 90.8%
ADOM: 183
Least Expensive Unit
Min $ $380,000
SF 1,313
$/SF $289
Most Expensive Unit
Max $ $1,150,000
SF 3,360
$/SF $342
Five Fifty 05 Condo Amd
8 units sold in 2010
Average Unit
Avg $: $749,375
$ / SF: $299
Avg SF: 2,297
% Ask: 92.7%
ADOM: 93
Least Expensive Unit
Min $ $245,000
SF 944
$/SF $260
Most Expensive Unit
Max $ $1,650,000
SF 4,183
$/SF $394
Brown Bldg Lofts Condo Amd
5 units sold in 2010
Average Unit
Avg $: $243,978
$ / SF: $291
Avg SF: 845
% Ask: 95.4%
ADOM: 84
Least Expensive Unit
Min $ $195,000
SF 637
$/SF $306
Most Expensive Unit
Max $ $330,000
SF 1,180
$/SF $280
Plaza Lofts Condo Amd
3 units sold in 2010
Average Unit
Avg $: $546,500
$ / SF: $288
Avg SF: 1,896
% Ask: 92.4%
ADOM: 341
Least Expensive Unit
Min $ $505,000
SF 1,896
$/SF $266
Most Expensive Unit
Max $ $574,500
SF 1,897
$/SF $303
Milago Condo Amd
22 units sold in 2010
Average Unit
Avg $: $264,817
$ / SF: $265
Avg SF: 992
% Ask: 96.4%
ADOM: 72
Least Expensive Unit
Min $ $177,651
SF 756
$/SF $235
Most Expensive Unit
Max $ $375,000
SF 1,189
$/SF $315
Brazos Place Condo Amd
4 units sold in 2010
Average Unit
Avg $: $207,050
$ / SF: $255
Avg SF: 804
% Ask: 97.5%
ADOM: 73
Least Expensive Unit
Min $ $138,500
SF 622
$/SF $223
Most Expensive Unit
Max $ $327,000
SF 1,170
$/SF $279
Cambridge Condo Amd
16 units sold in 2010
Average Unit
Avg $: $277,656
$ / SF: $254
Avg SF: 1,158
% Ask: 93.7%
ADOM: 101
Least Expensive Unit
Min $ $142,500
SF 460
$/SF $310
Most Expensive Unit
Max $ $620,000
SF 2,445
$/SF $254
Railyard Condo Amd
6 units sold in 2010
Average Unit
Avg $: $237,817
$ / SF: $251
Avg SF: 985
% Ask: 97.9%
ADOM: 50
Least Expensive Unit
Min $ $155,500
SF 621
$/SF $250
Most Expensive Unit
Max $ $296,000
SF 1,196
$/SF $247
Avenue Lofts Condo
3 units sold in 2010
Average Unit
Avg $: $241,667
$ / SF: $242
Avg SF: 1,013
% Ask: 95.4%
ADOM: 124
Least Expensive Unit
Min $ $225,000
SF 1,095
$/SF $205
Most Expensive Unit
Max $ $255,000
SF 1,092
$/SF $234
Penthouse Condo
6 units sold in 2010
Average Unit
Avg $: $136,533
$ / SF: $215
Avg SF: 635
% Ask: 97.2%
ADOM: 85
Least Expensive Unit
Min $ $89,900
SF 420
$/SF $214
Most Expensive Unit
Max $ $218,600
SF 954
$/SF $229
Sabine On 05 Residential Condo
8 units sold in 2010
Average Unit
Avg $: $198,563
$ / SF: $205
Avg SF: 987
% Ask: 92.7%
ADOM: 34
Least Expensive Unit
Min $ $159,000
SF 693
$/SF $229
Most Expensive Unit
Max $ $294,000
SF 1,456
$/SF $202
Towers Town Lake Condo Amd
7 units sold in 2010
Average Unit
Avg $: $276,929
$ / SF: $194
Avg SF: 1,427
% Ask: 96.0%
ADOM: 157
Least Expensive Unit
Min $ $219,500
SF 1,357
$/SF $162
Most Expensive Unit
Max $ $307,500
SF 1,360
$/SF $226
Greenwood Towers Amd
4 units sold in 2010
Average Unit
Avg $: $114,500
$ / SF: $153
Avg SF: 748
% Ask: 92.0%
ADOM: 94
Least Expensive Unit
Min $ $86,000
SF 608
$/SF $141
Most Expensive Unit
Max $ $139,000
SF 857
$/SF $162
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