Q1 Updates, New Development, & Off-Markets

Apr 1

Downtown Austin Newsletter

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JACOB IN AUSTIN’S DOWNTOWN UPDATE

IN THIS ISSUE
Q1 Updates, New Development, & Off-Markets

DATA DIVE

Q1 is officially over. Let’s compare how Q1 of 2025 has compared to Q1 of 2024. Total transactions increased from 34 to 43 closings. Days on market have increased from 94 to 148 days. The closed median $/SF has increased 3.5% from $774/SF to $801/SF.

my thoughts - Q1 activity has been more active than last year

New Listings | All Active Listings

STAY IN THE LOOP

Wilson Tower has been delayed - might be obvious but the condo tower proposed on E 5th St at the old Avenue Lofts is waiting for conditions to improve (costs come down or rental rates to recover.
Royal Blue on Congress Ave to close - lease was not extended due to high interest in the location. Royal Blue has been running at 60-70% of pre-pandemic revenue. Fresh, healthy food concept out of NY, will be first of it’s kind in Austin
Belvedere condo project breaks ground - located in Clarksville near Better Half Coffee and Hold Out Brewery, completion date estimated for Aug 2027. Be the first in the sales office, reach out if you’re interested.

SHARING A MOMENT

City night views from the Seaholm Residences

OFF MARKET LISTINGS

Seaholm Residences #1101

3 Bed | +1,100 SF Outdoor Space

Brazos Place #1111

1 Bed | STR Friendly | $365k

reach out if you’re looking for something else, plenty of off market opportunities to be found!

Specializing in Austin's premier high-rise condo market, I take a data-driven, proactive approach using a suite of resources and insights I’ve developed. I help clients discover their ideal fit — often sourcing off-market opportunities — and deliver tailored representation for buying, selling, or leasing downtown’s finest spaces.

Let’s work together!