[youtube = http://www.youtube.com/watch?v=FWcxxbMI8Ks]
Brazos Place is officially sold out. Today, in less than 90 minutes, 19 downtown Austin residences were sold at an average discount of 29% from asking price. The best deal of the day was probably the penthouse: 2745 feet purchased for $967,200, originally priced at $1,575,000. The unit that was being advertised with a starting bid of $80,000 sold for $168,480 (OLP was $199,900). I was able to take video of that particular auction and you can watch it above.
Below is a brief summary and you can download the complete results here (pdf).
Units sold: 19
Square feet: 23,088
Avg sale price per foot: $281.80
Avg discount from OLP: 29%