In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at sales price ranges in different neighborhoods.
This installation is an update from a similar study the group did of the East Cesar Chavez neighborhood in March and again in May. As we noted then: The East Cesar Chavez neighborhood—bounded on the north by East Seventh Street, I-35 to the West, Chicon Street to the east, and the river on the south—has for years been a locus and a flashpoint for civic conversations around gentrification, and ethnic displacement in particular.
The current average listing price for the neighborhood—when NeighborhoodX has excluded the listings in which the properties are primarily positioned as development sites (and thus the asking price is driven by the value of the land and development potential rather than the existing built square footage)—is $413/square foot.
The properties that make up this average range from $334/square foot (1201 Garden Street) to $570/square foot (1507 Holly Street, Unit A)
You can study NeighborhoodX's full, interactive chart at the first link below.
• Austin Homes in the Range: East Cesar Chavez (June 2016) [NeighborhoodX]
• Neighborhood Market Watch: What It Costs to Buy in East Cesar Chavez Right Now [Curbed Austin]
• How Crazy Are the Prices in East Cesar Chavez Right Now? [Curbed Austin]