For our ongoing series Homes in the Range, real-estate analytics site NeighborhoodX is taking a close look at sales prices ranges in different Austin neighborhoods.
Today's analysis focuses on Central East Austin. As the city defines it, Central East Austin comprises several smaller neighborhoods; it's bounded by I-35 on the west, Chicon Street/Northwestern Avenue on the east, East Seventh Street on the south, and the East Martin Luther King Boulevard on the the north.
The properties also reflect the different housing stock of a neighborhood undergoing significant transition—a mix of bungalows along with new townhouse and condo development.
The current average price for the neighborhood is $335 per square foot, although the individual properties that make up this average range from $152/square foot (1608 Pennsylvania Avenue, a 1959 five-bedroom house asking $465,000) to $585/square foot (2302 East 11th Street, a small bungalow asking $395,000).