South Austin Condo Market Showing Continued Strength

South Austin is certainly one of the hottest real estate markets in our city.  In particular, real estate in zip code 78704 is among the most desirable in all of Austin, and here’s why: proximity to Barton Springs Pool, Zilker Park, Barton Creek Greenbelt, and Lady Bird Lake are just a few of the reasons this area is so popular.  Within the 78704 zip code, area 7 consists of the roughly the western half of the zip code. These ABOR areas may seem arbitrary, but they are useful for many reasons, as properties in area 7 cannot be realistically compared to those in area 6.

Two ABOR areas exist in the 78704 Zip Code: Area 6 and Area 7. Boundaries for the entire zip code are Interstate 35, Hwy 290, Lady Bird Lake, and Barton Creek on the western side. South Lamar divides the 78704 zip code into areas 6 and 7.

In the past 12 months, Area 7 has seen 67 condo properties sold on the MLS. Lets look at some of the statistics of these properties. The highest priced condo sold was $675,000. Lowest priced condo sold in the past 12 months $124,500. Average Statistics for area 7 condos: selling price is $283,896; 2 bedrooms, 2 baths, and 1,316 square feet. Average days on market was 64. Median days on market 38, median sold price $251,000. Average and median price sold per square foot was $225.71 and $210.04 respectively.

Available condos number 31 at this time, and prices range from $152,500 to $1,500,000. Sizes range from 640sqft to 3,291. Average listing price $515,261 and median listing price $407,750. Average days on market 72, median 52 days. Average/Median listing price per square foot: $333.09/$283.06.

A few of the condominium projects in area 7:

Akoya Condominiums, 2200 Dickson Rd

Ashton Green Condominiums, 1307 Kinney Ave

Austin Heights, 900 S Lamar

Barton Hills Condominiums, 1214 Barton Hills Dr

Barton Terrace Condos, 1240 Barton Hills Dr

Barton Place Condos, 1600 Barton Springs Road

Bridges on the Park, 217 S. Lamar

Sage Condos, 1702 S Lamar

Ivy On Kinney, 1115 Kinney Ave

Kinney Lofts, 1205-1209 Kinney Ave

Springhollow Condominiums, 1135 Barton Hills Dr

Talisman Condominiums, 1501 Barton Springs Dr

Villas of Lost Canyon Condominiums, 1529 Barton Springs Rd

Lyric Condominiums, 1504 Collier

For help with selling or buying real estate in area 7 or any area of Austin, contact us today.

About Shannon Ensor

Shannon Ensor is a Broker Associate with Sky Realty, the founder of our team and a published author. She began her Austin Real Estate career in 2005 and has earned her ABR and GRI designations. Shannon helps residential real estate buyers and sellers all around Austin and Central Texas. Shannon graduated Magna Cum Laude from Arizona State University, earning her degree in Journalism/Public Relations from ASU's Walter Cronkite School of Journalism and Mass Communications and a minor in Business Advertising & Marketing.

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