Forecasting Austin’s Real Estate Trends
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Oldham Group Austin Update
Forecasting Austin’s Real Estate Trends
August 2, 2024
Forecasting Austin’s Real Estate Trends
As we navigate the Austin residential real estate market in the upcoming months, several key factors will play a crucial role in shaping the market’s trajectory. Interest rates, which have a direct impact on borrowing costs, will be pivotal in determining buyer affordability and demand. Inventory levels, reflecting the supply of available homes, will influence pricing dynamics and competition among buyers.
Sales prices, which are often a barometer of market health, will need to be closely monitored for trends indicating either growth or contraction. Lastly, the overall health of the economy, including employment rates and consumer confidence, will be essential in assessing the market’s stability and potential for future growth. By carefully examining these factors, stakeholders can make informed decisions and strategize effectively in the evolving Austin real estate landscape.
For personalized insights and expert guidance on navigating this unique market, contact Courtney, 512-809-5495 to provide comprehensive details and strategies tailored to your needs.
Featured Properties
2609 W 49th Street
4 BD
3 BA
2,805 SF
$1,549,999
- Sold
A modern masterpiece in the coveted Rosedale neighborhood. This expertly remodeled home boasts of soaring ceilings that create an expansive and luxurious atmosphere. With over 70 windows, natural light floods every corner, highlighting the home’s exquisite design and attention to detail.
Listed by: Courtney Oldham, Compass RE
214 B Smoke Tree Circle
4 BD
3.5 BA
3,697 SF
$975,000
- Sold
New custom home built by Schwartz Custom Homes in the sought after Hilltop section of the award-winning Headwaters Community. Enjoy a three car garage, fine finishes, generous outdoor living spaces and views for days!! Dripping Springs ISD.
Listed by: Courtney Oldham, Compass RE
100 Sequoyah Street
3 BD
2 FB
1,450 SF
$510,000
- Sold
Downtown Buda living! This updated 3-bed, 2-bath home with a bonus/flex room sits on over a half-acre corner lot with mature oak trees within walking distance to shops, restaurants, and festivals. Enjoy cool, shaded mornings under two large oak trees and breathtaking evening sunsets from the back patio and kitchen
Buyer Representation: Courtney Oldham, Compass RE
1412 Fairhaven Gateway
4 BD
2.5 FB
2,477 SF
$375,000
- Sold
Welcome to Fairhaven! This fabulous Georgetown community boasts of great amenities including a large pool with splash pad, pickle ball courts, playground, pavilion, walking trails. This gorgeous two-story home has an open-concept kitchen with oversized island, breakfast bar, exceptionally large pantry, granite counters, ample cabinets with crown molding & stainless appliances! Upgrades include vinyl plank flooring throughout the lower level, ceiling fans, blinds, alarm system, security door system and smart WiFi thermostats.
2004 E. 9th Street Unit A
4 BD
2 FB
1,511 SF
$650,000
- Sold
Nestled in the heart of the vibrant Blackshear/Prospect Hill neighborhood of East Austin, this charming two-story bungalow seamlessly blends classic character with modern updates. The property features newly renovated bathrooms, complete with contemporary vanities, elegant lighting fixtures, and stylish hardware, providing a luxurious and comfortable living experience.
Listed by: Courtney Oldham, Compass RE
What’s Happening
Wonderlust Wine Co.
Enjoy a Grand Tasting in a unique wine cave setting hidden on Barton Springs. Taste a full-fledged Italian menu, which includes 9 wines led by our team of sommeliers and paired with chef-curated Italian-inspired food bites. Book now to reserve your spot at our Speakeasy Wine Cave inside our Barton Springs Road Tasting Room!
Bouldin Acres
Bouldin Acres is a local restaurant and drinkery that takes a lively approach to dining, entertainment, and hospitality. While celebrating the Texas outdoors, Bouldin Acres is a venue where good food, good drinks, and even better company come together to create a truly Austin experience.
Hayley Cakes
Texas is only getting bigger… Recent census data from 2020 to 2023 support this claim with a boom in population growth. According to the latest U.S. Census Bureau figures, Texas cities, counties and metro areas make up most of the top 10 lists of annual numeric growth.
Color is BACK!
All-neutral color palettes might be out—or at least taking a long summer vacation right now.
Need more convincing? Just look at the way bold colors have been defining interior spaces lately, especially in this week’s roundup of Instagram looks that feature eclectic living rooms inspired by famous artists.
Ready to Make a Move
The first step is EASY! Call or text Courtney.
We’ll set up a time to carefully evaluate all options and put together the BEST plan & timeline for you and your family. We’ve helped thousands of clients navigate buying and selling in Austin over the last 17 years. We’d be honored to help you, your friends and colleagues.
Courtney Oldham
© Compass 2025 | All Rights Reserved by Compass | Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
