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South Austin Condo Market Showing Continued Strength

  • June 13, 2012
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  • Joseph Ensor
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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.

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Joseph Ensor

Joseph Ensor is a Texas real estate broker and the owner of Ensor & Co. Realtors. In addition to representing select clients, he works closely with each of his team members to help them build a successful career in selling Austin real estate. A graduate from Arizona State University with a degree in Finance, he enjoys helping his clients and his team members with the mathematical side of each transaction. With over 20 years of experience in real estate investing and sales, he understands the overall complexities involved in a real estate transaction. He uses his expertise to overcome challenging situations and his objective is to work diligently and intelligently toward a positive outcome for his team and for his clients.

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Meet the Team at Ensor & Co.
Becky Belt
Becky is a native Austinite, 8th generation Texan, and Daughter of the…
Jackie Ensor
Born and raised in the "Heart of Texas" (Bryan - College Station),…
Joseph Ensor
Joseph Ensor is a Texas real estate broker and the owner of Ensor &…
Kim Beckham
Kim Beckham is a Realtor located in Bastrop, TX where she has been…
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