Austin American-Statesman

LUXURY CONDO SALES DOWNTOWN

- SOURCE: KEVIN BURNS, BROKER/OWNER OF URBANSPACE REAL ESTATE + INTERIORS

Currently there are 42 units for sale among the four existing luxury condo towers in downtown Austin — the Four Seasons, W Residences, The Austonian and the Seaholm Residences. The average asking price is $1,586,000, or $853 per square foot.

In the last 12 months, 54 units have been sold in those four buildings, at an average price of $1,565,000, or $805 per square foot. The top-selling unit during that time was at the W Residences, where a condo sold for $5,150,000, or $1,382 per square foot.

For downtown condo units built since 2000, MLS shows 100 active listings, not counting the units in the projects under constructi­on. The average asking price per foot is $647, with an average price of $1,005,000 and an average size of 1,401 square feet.

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