🌿 They're Here - Buyers & Bluebonnets! 🏠

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The Oldham Group Austin | Courtney Oldham

They're Here - Buyers & Bluebonnets

March 10th, 2023

The Oldham Group Austin | Courtney Oldham

February Statistics, Strong Demand

The preliminary numbers for the month of February 2023 showed an uptick in demand (which is now a strong trend) as prices declined marginally Month Over Month (-4.4%) and relatively considerably Year Over Year (-11.2%). In short, prices are is slightly lower but sales activity has picked up considerably – buyers are back in the market!

Key Highlights:

  • Months of Inventory in the Metro remained relatively unchanged, the city of Austin inventory sits at 4.1 MOI.
  • Avg Days to Sell increased to 70 days from 25 in 2022.
  • Avg Sold Price in the Metro declined by -4.4% Month Over Month compared to January 2023.
  • Interest rates climbed in February and finished the month approaching 7%.
  • Under Contract units improved again with a -9.6% YOY decline from Feb 2022.

Featured Listings

3408 Stratford Hills Lane

5 BD | 5 FB | 3 HB | 1.23 AC | $5,200,000
Stunning sophistication in Stratford Mountain. This private estate is perfectly positioned on a generous 1.235-acre lot with views of Lake Austin from the spacious second floor balcony. Amazing attention to every detail – exquisite trim work, elegant iron details and resort-like outdoor spaces.Award-winning Eanes School district just minutes from downtown and Zilker Park.
Listed by: Courtney Oldham, Compass RE
1609 Hartford Road

1609 Harford Road, Unit A

3 BD | 4 BA | 2381 SF | $1,395,000
Rare, move-in ready 3/3.5 in 78703 with 2 car garage (including Tesla charger) for under 1.4mm. Lives like a single family home (Townhome style, corner unit in small 4-unit complex) with very solid construction. Flexible floor plan w/ elevator will appeal to many buyers. Schedule showings through ShowingTime. Zoned to desirable Casis.
Buyer Representation: Courtney Oldham, Compass RE
3 BD | 3 BA | 1448 SF | $625,000
Southwest Austin
3 BD | 2 BA | 1250 SF | $1,999,999
LOT 53 AND 1/2 OF 54 | $1,395,000
Round Rock
3 BD | 3 BA | 1820 SF | $399,995

What's Happening

Rodeo Austin

Rodeo Austin is one of America’s top 5 Pro Rodeos! The two-week long event provides gritty fun while also raising millions to support Texas children! Join in the fun and check out the line up here!

Creative & Cultive

There are so many cool SXSW events it’s hard to choose which ones to attend, but this one is at the top of our radar. Create & Cultivate offers incredible speakers and networking opportunities with trailblazing founders and entrepreneurs from disruptive brands.
RSVP for the event here.

Future of Food

Friday, March 10th – Saturday, March 11th. If you’re a foodie, this is a SXSW event you won’t want to miss. Discover the Future of Food at the SXSW Center Building. This free event is open to everyone.
Click here to RSVP.

Compass #1 Brokerage

For the second year in a row RealTrends has named Compass the #1 brokerage in the United States by sales volume! Our incredible Compass agents – sold more residential real estate than any other brokerage in the country, helping thousands of your clients and their families find their place in the world.

The Oldham Group Austin | Courtney Oldham

Courtney Oldham

© 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.

Thank you for your interest, we will be in touch shortly!

Team Oldham Group | Moving Austin Forward | Courtney Oldham