Market Index

Downtown Austin Condo Market Index

The Austin Condo Market Index by AustinTowers provides a month-by-month snapshot of the strength of the downtown Austin condo market. The index tracks reported condo sales  via the Austin MLS but does not include a large number of units offered directly by developers.  The Index does, however, accurately record sales of previously owned units sold through realtors.

Sponsored by REATX Realty, featuring the 5 Fifty Five (aka 555 or Hilton Condos).

Monthly Sales Index [Source: Austin MLS, condo prices through October 1st, 2014]

Month
Sales
Avg Price
Median Price
Average $/SF
Median $/SF
Avg SF
% Ask
ADOM
Sep-201425$865,273$550,000$547$5021,42796%44
Aug-201423$703,205$450,000$495$4821,25396%49
Jul-201429$611,514$415,514$494$4831,18197%28
Jun-201420$502,515$400,000$465$4701,02398%34
May-201434$566,751$4501,22499%39
Apr-201430$463,385$4101,14898%55
Mar-201429$625,038$4801,28898%51
Feb-201424$542,965$4261,24497%44
Jan-201417$506,794$4151,15097%56
Dec-201326$542,788$4891,09298%64
Nov-201329$589,480$4251,29298%45
Oct-201322$515,248$4241,16196%55
Sep-201328$571,827$4421,26396%37
Aug-201330$441,894$4061,08198%36
Jul-201334$655,744$4141,37697%34
Jun-201330$412,528$3911,09699%24
May-201322$578,086$4371,27598%43
Apr-201327$421,530$3951,05397%39
Mar-201318$404,094$3701,09497%41
Feb-201321$545,579$3691,46096%56
Jan-201327$363,878$3631,05198%47
Dec-201227$465,389$3401,36895%62
Nov-201215$346,810$3391,91296%62
Oct-201213$410,169$3501,49894%47
Sep-201219$458,746$3721,20998%74
Aug-201225$429,880$3591,14698%63
Jul-201234$472,534$3791,24594%46
Jun-201229$470,962$3691,18696%45
May-201215$309,933$3091,08498%46
Apr-201216$428,700$3941,05497%30
Mar-201230$480,120$3571,21998%64
Feb-201213$505,673$3711,21293%87
Jan-201211$601,195$3881,45096%103
Dec-201114$629,211$3941,46595%94
Nov-20118$537,494$4311,13298%78
Oct-201114$410,464$3551,14495%67
Sep-201116$390,632$3351,16497%76
Aug-201121$316,027$2921,12995%86
Jul-201118$320,417$3171,00496%69
Jun-201129$319,051$32498497%55
May-201124$349,329$3271,04197%60
Apr-201118$387,508$2841,30296%98
Mar-201113$414,385$3251,23496%114
Feb-201114$460,327$3531,12897%143
Jan-20116$289,650$2651,08698%139
Dec-201019$409,346$2921,34196%96
Nov-201011$264,200$2581,03294%124
Oct-20108$570,625$2951,83496%74
Sep-201012$221,745$28278696%113
Aug-201016$330,088$2981,05694%57
Jul-201014$338,192$2981,12196%74
Jun-201018$387,241$3241,16095%100
May-201024$258,967$28593496%118
Apr-201014$294,263$2731,06196%128
Mar-201018$476,403$3161,46993%115
Feb-20108$291,938$2921,00294%50
Jan-20106$274,547$29195396%127
Dec-20098$386,813$3431,12995%59
Nov-200913$292,018$2861,02296%78
Oct-200913$444,173$3231,37694%151
Sep-200915$258,993$30784591%81
Aug-200914$252,029$25598693%57
Jul-200912$265,450$2651,02197%88
Jun-20098$431,738$2921,40087%117
May-200911$347,045$3081,15096%63
Apr-20094$224,750$27681693%69
Mar-20094$431,625$2851,44294%107
Feb-20096$400,833$3221,25890%116
Jan-20094$358,225$3211,12993%85
Dec-20084$258,500$29984895%89
Nov-20088$460,973$3221,36193%151
Oct-20089$456,839$3071,48394%108
Sep-200813$342,915$2811,24494%114
Aug-200813$345,223$3081,12796%66
Jul-200810$307,500$2791,09897%106
Jun-200813$308,927$3001,02798%60
May-200813$297,792$30499595%91
Apr-200822$347,845$3151,14296%93
Mar-200814$355,004$3451,02294%86
Feb-20086$279,017$30989798%89
Jan-20085$384,600$3151,17293%73
  • Sales - # of closed monthly condo sales in area DT listed on MLS.
  • Avg. Price – Mean average sales price.
  • $ / SF — Mean average sales price over reported square footage.
  • Avg. Year – The average year of construction of sold units. The newer class of downtown condo units command higher prices. The average year provides a sense of the type of inventory sold during the reported month.
  • % Ask - Sales price as a percentage of listing price.
  • ADOM – Average days on market. The average number of days a unit has been listed.
  • # Listings – The number of active listings.
  • Months Inventory – The average sales using a 6-month rolling average over the current inventory.  Note that this excludes the large number of units sold directly by developers.
  • Avg. List $ – The mean average listing price
    .