The Austin real estate market continues to sizzle with a 20% rise in sales volume of condos and townhouses over sales through June 2012. According to MLS statistics, there were 20% more condos sold in Austin through June of this year than in 2012. There continues to be limited inventory, with a supply of only 2.9 months. Statistics for the month of June reflect the highest level of home sales in six years.
360 Nueces, #3808 $405,000 MLS: 5821705
How high will prices go in the ever popular 360 condominiums? This upgraded one bedroom residence is offered at an ambitious $553/sq.ft. The 44 story high-rise is in a prime location, within walking distance to several downtown restaurant/entertainment districts, hike/bike trails and Whole Foods. We’ll keep you updated on the outcome of this offering!
210 Lee Barton, #511 $529,900 MLS 1157654
Bridges on the Park is one of our favorites! Located just south of Lady Bird Lake, this boutique building is steps from the trails/parks and pedestrian bridge leading to the Market District and Whole Foods. The upgraded 2/2 has hardwoods throughout, designer paint and California closets. Walk to nearby restaurants/ground floor retail and a par three pitch/putt nine hole golf course, complete with skyline view!
603 Davis, #1802 $699,000 MLS 7855021
Looking for a spectacular view? This is it! The Shore offers some of the best views of the downtown skyline and Lady Bird Lake. Construction is finally underway on the Hotel VanZandt to the immediate north of the Shore, which will transform this entire area. The boutique hotel will be managed by the Kimpton Group and will offer a destination restaurant and bar.
300 Bowie, #3801 $879,000 MLS 6266200
This 38th floor 2/2 at Spring will still provide a sweeping view over the new 3Eleven Bowie highrise to the immediate north. Construction on this 36 story highrise is well underway and will feature ground floor retail, several floors of office space and apartments on the upper floors. The Spring is located just a half block from Whole Foods and the Seaholm Project, home to the future Austin Public Library. We’re also anticipating a future Trader Joe’s in the area to the south of Spring