555 E 5th ST # 2924, Austin TX 78701

Based on 7 closed sales in FIVE FIFTY CONDO, the data points to a value around $2,072,410 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,095,000 to $1,105,000. This would position the home competitively among 3 active listings in FIVE FIFTY CONDO. Being built in 2004 (6 years older than comps) is factored into the value estimate. The active market in FIVE FIFTY CONDO includes 3 comparable homes priced from $1,075,000 to $3,500,000. Market data shows 78701 prices fallen 21.3% over the last half year. The closest comparable sale, 360 Nueces ST # 4305, Austin TX 78701 at an adjusted $1,489,379, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus