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DAB EXCLUSIVE: Sales Data From The Austonian, W Hotel Residences, Four Seasons, Spring Condos

Jude Galligan | October 24, 2011 |

downtown austin condo report

[Personal update why we’ve not published data for a while. A couple of months ago, I began work on obtaining sales data from the newly constructed buildings. Not a quick and easy task.  However, after several conversations and a leap of faith by everyone involved in assembling the data (thanks!), we’ve got some REALLY interesting data to share. –Jude]

Back in 2010, when downtown Austin’s luxury condos started closing, the actual sales prices were closely guarded (not entered into the MLS).  I’ve been publishing monthly sales of Downtown Austin condos for years, and began tracking sales of new construction condos by laboriously tracking new deed records. That data was [at least] an accurate count of how many new constructions units had closed, and what floor plans were selling best.  That was real data my clients could rely upon, but actual closing prices were simply not available.

As a result, I have only been able to consistently highlight resale pricing.  With all of my talk about the average sale price for downtown is solidly planted at $300 per foot, I would always qualify it as incomplete without closing price data for new condos.

My goal has always been to combine the resale numbers and the new construction numbers into a single statistic.  The closely guarded luxury condo sales data has kept me from doing that.

Until now…  [Read more…] about DAB EXCLUSIVE: Sales Data From The Austonian, W Hotel Residences, Four Seasons, Spring Condos

Filed Under: austin condos, austin lofts, DAB Stats, downtown austin, Downtown Austin lofts, condos, apartments

Second Set Of Glass Panels Fall From W Hotel

Jude Galligan | June 27, 2011 |

W Hotel Glass Falls

The Statesman reports that more glass panels fell from downtown Austin’s W Hotel.  Fortunately, nobody was hurt.   This is the second incident of falling glass panels this month.  In the photo below, it appears there are panels missing from three floors.

UPDATE: [Read more…] about Second Set Of Glass Panels Fall From W Hotel

Filed Under: downtown austin Tagged With: w hotel austin

W Hotel Glass Falls

Jude Galligan | June 12, 2011 |

w hotel window fail

The Statesman reported that glass panels fell from the W Hotel residences on Friday.

We were at La Condesa when she heard the crash, and snapped this pic that shows where the culprit glass panes fell from.  Crazy!

Filed Under: 2nd Street District, downtown austin, Downtown Austin Districts

W Hotel Residences Begins Closings In January As Downtown Austin Condo Sales Rise Higher

Jude Galligan | February 8, 2011 |

w austin residences grand opening downtown austin blog

The most significant downtown Austin condo news from January must be the first closings at the W Hotel Residences (aka Block 21 Residences).  The W is the last of the luxury high rises to open, and these closings represent a significant milestone for the downtown Austin building boom.  Naturally, the proud new owners are taking possession from the lower floors going up.  Occupancy is permitted up to the 24th floor, currently.  Prices at the W Hotel Residences are firmly placed into our “top-tier” category with starting prices at [Read more…] about W Hotel Residences Begins Closings In January As Downtown Austin Condo Sales Rise Higher

Filed Under: Austin Real Estate Data & Statistics, austin towers and high rises, DAB Stats, data, statistics, downtown austin

W Hotel Austin Construction Time Lapse

Jude Galligan | January 5, 2011 |

Last year we discovered a time lapse of downtown Austin’s W Hotel construction. We just got a note from its creator Jose Lozano that it is finished. This is really cool. The W should consider how to incorporate this into their marketing.

Thanks, Jose!

Filed Under: downtown austin Tagged With: austin w hotel, w hotel austin

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