In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at sales prices ranges in different neighborhoods.
Today's price comparison is an update on South Austin's Bouldin Creek neighborhood, which stretches from the river to West Oltorf Street between South Congress Avenue and West Bouldin Creek. NeighborhoodX did a similar study of the area in April.
Like most central South Austin neighborhoods, it was for decades an affordable area to rent or buy and was home to a mix of working-class residents, musicians, and other creative types. Many who bought homes in the close-knit neighborhood then still live there, now joined by residents who can afford the higher prices commanded in the area, with its prime location and considerable charm.
For May 2016, NeighborhoodX found that the average listing price in Bouldin is $424/square foot, and the individual properties range from a low of $255/square foot (2308 Forest Avenue) to a high of $526/square foot for a new-build luxury condo that's scheduled to be finished today (901 Bouldin Avenue, Unit C)
A month-over-month comparison shows that in April, the average was $406/square foot, and the range was from $261 to $602/square foot. (2308 Forest Avenue was at the lower end of the bracket in both months, and the price has dropped slightly since April.)
You can see the full, interactive chart on Neighborhood X's site, linked below.
• Austin Homes in the Range: Bouldin (May 2016) [Neighborhood X]
• Neighborhood Comparison: The Highs and Lows of Bouldin Creek [Curbed Austin]