What Makes South Central Austin Special

There are many great reasons why South Central Austin is such an attractive place to own real estate.  Take the Southwood neighborhood for example.  Southwood neighborhood located in South Central Austin has a laid back, funky and eclectic feel within six miles of downtown Austin. Close to bus lines, major shopping, local parks, and Austin Community College.

South Austin Homes

The homes in this neighborhood were built in the 1950’s and the 1960’s and many have been restored. The neighborhood is a mixture of old and a few new homes. Some of the homes have studios built in back for rentals, music studios workshop’s and art workshops.

A Sense of Community in South Austin

The community has a currently strong neighborhood association that is very active in preserving its character and has various groups to connect with on topics from raised bed gardens, preserving local parks and trails and finding great services for different topics.

The community also offers local businesses within walking distance from coffee shops to a convenience store that offers locally produced products, yoga studio, and numerous organic grocery stores.

Is there something going on in South Austin that you think the community needs to know about?  Leave a comment, and let’s hear about it!

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Downtown Austin Condos Sales Report – August 2010

We have received numerous inquiries recently about how downtown Austin condos have been selling this summer, so we decided to start keeping track of the recent sales, and providing those statistics to our readers.  Here are the recent sales stats for Downtown Austin condos for the month of August, 2010:

Property Type: ResidentialStatus: SoldNumber of Properties: 16
 BedsBathsSqFtListing PriceLP/SqFtSelling PriceSP/SqFtSP/LPSP/OLPDOM
High322,487$1,250,000$502.61$1,125,000$452.35100%100%286
Low11608$99,900$164.31$95,000$156.2588.2%90%9
Average111,056$350,269$313.07$330,088$297.6594.89%94.82%57
Median11908$282,450$308.18$278,450$298.6495.2%94.25%44

 

As you can see, the median price per square foot for downtown Austin condos was at $298.64 for the month of August, 2010.  Units stayed on the market for about 44 days, and there were 16 condos that sold for the month.

Next month, we will take another look at the Downtown Austin condos for the month of September, 2010, and compare them to August’s numbers to look for market trends.

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