How We’re Spending Father’s Day in the ATX
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Happy Father's Day
June 16, 2023
Austin Market Stability
The Austin housing market observed an uptick in activity in May as the market continues to readjust to broader macroeconomic conditions. On a month-over-month (MoM) basis, the median sales price remained flat, although sales ticked up considerably to over 3,400 (+15.7% MoM). A significant uptick in total sales dollar volume (+14.4% MoM) accompanied the rise in sales. The close-to-original list price ratio measured 94%, which indicates a two-fold phenomenon: sellers are more accurately pricing their homes and buyers are more responsive to those prices. Months inventory reached its highest level since September 2012 (3.4 months), while days on market fell from 72 days in April to 65 days in March. Active listings flatlined MoM, while new listings increased 4.3% and pending sales declined nearly 4%, likely a result of sustained high mortgage rates in May.
Median Sales Price:
Sales Volume:
Months of Inventory:
Days on Market:
Pending Sales:
Source ABOR June 13, 2023
Let’s talk about the best way to utilize these market conditions to your advantage! Courtney 512-809-5495.
Featured Properties
6903 Kenosha Pass
4 BD | 2.5FB | .49 AC | $1,079,000
JUST LISTED
Incredible ranch style home on oversized half acre lot with mature oak trees in sought after Southwest Austin! This classic one-story limestone home has an open floor plan with two separate living spaces, elegant interiors, generous rooms and stunning architectural details like beamed ceilings & wood trusses. Private back yard, gas-heated saltwater pool. No HOA, close to HEB, Costco & Whole Foods!
Listed by: Courtney Oldham, Compass RE
2903 Pruett #D
2 BD | 1 FB | | 649 SF | $420,000
SOLD
Meticulously renovated condo nestled in Austin’s highly sought-after Deep Eddy neighborhood. Boasting a prime location and stylish upgrades throughout, this condo offers an unparalleled urban living experience. Step inside and be greeted by a sleek, contemporary open floor plan that seamlessly blends functionality and elegance.
Buyer Representation by: Courtney Oldham, Compass RE
2102 Falcon Hill Drive
3 BD | 2 BA | 1320 SF | $735,000
JUST LISTED
Incredible remodel! Custom-made cabinetry, floating shelves, energy-saving stainless-steel appliances, quartzite counter tops with waterfall edge and large island with tons of counter space! Spacious primary bedroom with walk-in closet and gorgeous spa-like bath!
Listed by: Courtney Oldham, Compass RE
555 E. 5th Street #901
2 BD | 2 FB | Corner Unit | 1,389 SF | $799,999
AVAILABLE
Welcome home to the 5FiftyFive located in the Residences at the Hilton! This spacious 2 bedroom and 2 bathroom condo is move-in ready with recently upgraded wood floors and paint. Floor to ceiling windows provide captivating views to the north and east. Entertain friends or relax with a cup of coffee on the wrap around porch! Connected to the Hilton Hotel, the residences have a private entrance with 24-hour concierge services, with access to restaurants, bars, and the Starbucks coffee at the lobby level.
Listed by: Courtney Oldham, Compass RE
Celebrating Dad
Father’s Day is a dedicated time to let the father figures in your life know just how much you love and appreciate everything they have done for you. However, finding the perfect Father’s Day gifts can be tricky. If your gift-giving has become a bit stale (let’s face it—he only needs so many ties, tools, or grill supplies), don’t worry, I’ve got some great Father’s Day celebration ideas.
1. Organize a dinner and movie night.
2. Find a local class you both enjoy.
3. Take him to a craft brewery or go wine tasting
4. Make your Dad something special
5. Go enjoy the great outdoors together!
6. Offer to help with a yard or home project
7. Give him a thoughtful card with tickets
What's Happening
Truluck's for Dad
TThis Father’s Day weekend (June 16-18) Truluck’s will serve a light and summery twist on an Old Fashioned made with bourbon, mandarin lime, cardamom infusion, and bitters ($15). The “Dad Fashioned” specialty cocktail is handcrafted for our beloved Fathers only on the weekend of June 16. MORE
Wildflower Center
Celebrate the special dads and dad figures in your life with a visit to the Wildflower Center! Our Father’s Day Celebration will feature lawn games like Connect Four, Giant Jenga, bocce ball and more! Plus, Casey’s New Orleans Snowballs will serve up icy treats from 11 a.m. to 3 p.m. MORE
Train Ride with Dad
Riding on a historic train is a unique experience. Where else can you ride in a living museum? Our signature ride, the Hill Country Flyer allows you time to explore our vintage train cars, historically restored for your enjoyment! Father’s Day Flyer
Pool Pass
Escape to the East Austin Hotel pool oasis! Treat yourself (and Dad) to a day of relaxation, and enjoy refreshing drinks and bites from Second Bar + Kitchen Pool access, lounge chairs, foot and drink, BOGO burger and free raffle entry for Dad! BOOK
WHAT IS YOUR HOME WORTH?
Knowing what your home is worth is important information to have if you are thinking of selling your home. Call Courtney 512-809-5495 for a current pricing analysis and a customized strategy for selling your property in today’s market.
Courtney Oldham
- Broker Associate, Oldham Group
- 512.809.5495
- 512.575.3644
- [email protected]
© Compass 2024 | 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.
A Few Oldham Group Specialties
The Oldham Group is a team of real estate agents affiliated with Compass. Compass is a licensed real estate broker and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
© 2024 The Oldham Group
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