Exclusive: Building-by-Building Sales Analysis



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