Austin Texas home sales in the neighborhoods south of Lady Bird Lake numbered 61 (excluding condos)in the first quarter of 2011. The areas that straddle South Congress (SoCo), S. First St. and S. Lamar include Travis Heights, Bouldin, Zilker and Barton Hills. These popular neighborhoods are hilly, leafy and mostly vintage although there is a generous sprinkling of new construction and condos throughout. Modern architecture is very popular among the newly constructed homes that infill these True Austin neighborhoods that stretch as far south as Ben White Blvd/Hwy 290.
The median price of homes sold in 78704 was $326,500 in first quarter 2011. On average, homes sold for 95% of the last listed price, similar to other Central Austin neighborhoods. As the chart shows, one third of homes sold in less than 30 days, while one third sold in 30-90 days. Most 78704 sales occur in the $250,000 to $450,000 price range although there are lower and higher priced properties available, especially east of Congress Ave. 140 homes are currently listed for sale in South Austin across all price ranges. 
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Jeff Harris, Broker, ABR
Jeff Harris
Realtor/ Mortgage Broker
True Austin Properties
