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 Spring Condos.

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

Month Sales Avg Price $/SF Avg SF Avg Year % Ask ADOM
7/14/2014 25 $669,910 $504 1,230 2003 97% 39
6/14/2014 20 $502,515 $465 1,023 2000 98% 34
5/14/2014 34 $566,751 $450 1,224 2003 99% 39
4/14/2014 30 $463,385 $410 1,148 1998 98% 55
3/14/2014 29 $625,038 $480 1,288 2000 98% 51
2/14/2014 24 $542,965 $426 1,244 1998 97% 44
1/14/2014 17 $506,794 $415 1,150 1999 97% 56
12/14/2013 26 $542,788 $489 1,092 2002 98% 64
11/14/2013 29 $589,480 $425 1,292 2003 98% 45
10/14/2013 22 $515,248 $424 1,161 2000 96% 55
9/14/2013 28 $571,827 $442 1,263 2002 96% 37
8/14/2013 30 $441,894 $406 1,081 1999 98% 36
7/14/2013 34 $655,744 $414 1,376 2001 97% 34
6/14/2013 30 $412,528 $391 1,096 1996 99% 24
5/14/2013 22 $578,086 $437 1,275 2000 98% 43
4/14/2013 27 $421,530 $395 1,053 1999 97% 39
3/14/2013 18 $404,094 $370 1,094 2002 97% 41
2/14/2013 21 $545,579 $369 1,460 2003 96% 56
1/14/2013 27 $363,878 $363 1,051 1989 98% 47
12/14/2012 27 $465,389 $340 1,368 1988 95% 62
11/14/2012 15 $346,810 $339 1,912 1991 96% 62
10/14/2012 13 $410,169 $350 1,498 1992 94% 47
9/14/2012 19 $458,746 $372 1,209 1993 98% 74
8/14/2012 25 $429,880 $359 1,146 1994 98% 63
7/14/2012 34 $472,534 $379 1,245 2000 94% 46
6/14/2012 29 $470,962 $369 1,186 1994 96% 45
5/14/2012 15 $309,933 $309 1,084 1989 98% 46
4/14/2012 16 $428,700 $394 1,054 2002 97% 30
3/14/2012 30 $480,120 $357 1,219 1991 98% 64
2/14/2012 13 $505,673 $371 1,212 2002 93% 87
1/14/2012 11 $601,195 $388 1,450 2003 96% 103
12/14/2011 14 $629,211 $394 1,465 1991 95% 94
11/14/2011 8 $537,494 $431 1,132 2008 98% 78
10/14/2011 14 $410,464 $355 1,144 1993 95% 67
9/14/2011 16 $390,632 $335 1,164 2000 97% 76
8/14/2011 21 $316,027 $292 1,129 1990 95% 86
7/14/2011 18 $320,417 $317 1,004 1994 96% 69
6/14/2011 29 $319,051 $324 984 2000 97% 55
5/14/2011 24 $349,329 $327 1,041 2000 97% 60
4/14/2011 18 $387,508 $284 1,302 1989 96% 98
3/14/2011 13 $414,385 $325 1,234 1997 96% 114
2/14/2011 14 $460,327 $353 1,128 1996 97% 143
1/14/2011 6 $289,650 $265 1,086 1989 98% 139
12/14/2010 19 $409,346 $292 1,341 1996 96% 96
11/14/2010 11 $264,200 $258 1,032 1984 94% 124
10/14/2010 8 $570,625 $295 1,834 1995 96% 74
9/14/2010 12 $221,745 $282 786 1993 96% 113
8/14/2010 16 $330,088 $298 1,056 2004 94% 57
7/14/2010 14 $338,192 $298 1,121 1999 96% 74
6/14/2010 18 $387,241 $324 1,160 1999 95% 100
5/14/2010 24 $258,967 $285 934 1976 96% 118
4/14/2010 14 $294,263 $273 1,061 1985 96% 128
3/14/2010 18 $476,403 $316 1,469 1996 93% 115
2/14/2010 8 $291,938 $292 1,002 1979 94% 50
1/14/2010 6 $274,547 $291 953 2005 96% 127
12/14/2009 8 $386,813 $343 1,129 1990 95% 59
11/14/2009 13 $292,018 $286 1,022 1995 96% 78
10/14/2009 13 $444,173 $323 1,376 1988 94% 151
9/14/2009 15 $258,993 $307 845 1986 91% 81
8/14/2009 14 $252,029 $255 986 1988 93% 57
7/14/2009 12 $265,450 $265 1,021 1987 97% 88
6/14/2009 8 $431,738 $292 1,400 2000 87% 117
5/14/2009 11 $347,045 $308 1,150 1990 96% 63
4/14/2009 4 $224,750 $276 816 1995 93% 69
3/14/2009 4 $431,625 $285 1,442 1985 94% 107
2/14/2009 6 $400,833 $322 1,258 1998 90% 116
1/14/2009 4 $358,225 $321 1,129 1996 93% 85
12/14/2008 4 $258,500 $299 848 1986 95% 89
11/14/2008 8 $460,973 $322 1,361 1989 93% 151
10/14/2008 9 $456,839 $307 1,483 1991 94% 108
9/14/2008 13 $342,915 $281 1,244 1986 94% 114
8/14/2008 13 $345,223 $308 1,127 1990 96% 66
7/14/2008 10 $307,500 $279 1,098 1985 97% 106
6/14/2008 13 $308,927 $300 1,027 1982 98% 60
5/14/2008 13 $297,792 $304 995 1969 95% 91
4/14/2008 22 $347,845 $315 1,142 1985 96% 93
3/14/2008 14 $355,004 $345 1,022 1977 94% 86
2/14/2008 6 $279,017 $309 897 1977 98% 89
1/14/2008 5 $384,600 $315 1,172 1991 93% 73
  • Avg. Price – Mean average sales price.
  • Sales - # of closed monthly condo sales in area DT listed on MLS.
  • $ / 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
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Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/30/14 10:05 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2014.