University of Texas at Austin West Campus Condo Prices
Update: Market and sales data last updated on 9/8/2016. Data from the Austin Board of Realtors.
2016 has been a record setting year for condo sales in the West Campus market area. Currently, median sale values are sitting at $232,000 or $303.00 a square foot, 144 units have been sold within the last 12 months, and average days on market for most well priced units is only 12 days!
How Much Do West Campus Condos Cost?
The average cost of a condo in West Campus is between $207,000 to $257,000. You can expect to pay between $271 – $335 per square foot of living area for a unit of average size and condition.
Since 2009, values have risen 40.6%, following the real estate crash of 2008 where median values were at $194,000 or $240.10 a square foot. The area has proven to be one of the most stable in Austin due to the high demand for rental and investment property.
Median Value History
2008 – $194,000 / $240.10 sq.ft.
2009 – $165,000 / $214.38 sq.ft.
2010 – $177,000 / $208.72 sq.ft.
2011 – $171,250 / $210.87 sq.ft.
2012 – $186,500 / $223.64 sq.ft.
2013 – $197,000 / $239.00 sq.ft.
2014 – $223,000 / $260.12 sq.ft.
2015 – $224,000 / $283.93 sq.ft.
Current – $232,000 / $303.00 sq.ft.
