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Pick any two Tuscaloosa condo complexes. Walk through $/SF, absorption, year built, HOA, and proximity to campus.

Watercress Condominiums

Building A

Watercress Condominiums

Overlooks the Black Warrior River. Built in 2017 as apartments and run as Evolve student housing until LRC Commercial bought the complex in 2024, renamed it Wat…

University Downs Condominiums

Building B

University Downs Condominiums

272 units at 120 15th St E. Over the trailing 24 months, one-bedroom units closed between about $150,000 and $175,000 and two-bedrooms between about $205,000 an…

MetricWatercress CondominiumsUniversity Downs Condominiums
TierEntryEntry
Total units228272
Year built20171991
Median sold price$290K$229K
Median $/SF$237$222
Median days on market (marketed listings)2520
HOA fee~$372 / monthly$248 – $438 / monthly
Distance to campus2.5 mi to UA campus0.4 mi to UA campus
STR allowedYesUnknown

Italic gold marks the more favorable side on $/SF (lower) and DOM (faster). $/SF and DOM are medians from 24 months of WAMLS sales data. DOM counts only listings that were actually marketed; sales that went under contract on their list date (pre-arranged or off-market) are excluded. HOA fees are approximate. All figures deemed reliable but not guaranteed.

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