2401 E 6th ST # 23, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $527,207. I'd recommend coming to market at $399,000 to $409,000 to strike the right balance between value and market velocity. In the current PEDERNALES CONDO market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. This home's larger footprint (107 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 4 comparable homes in PEDERNALES CONDO; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2319 Santa Maria ST, Austin TX 78702 nearby adjusts to $714,154; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group