🏠 Austin Real Estate is the Wild West 🤠

The Oldham Group brings you Austin news, exciting events, homes for sales and uniquely fun things happening around greater Austin. Feel free to contact us at anytime to be added to our distribution list.

It’s WILD out there — the Austin MLS has just under 2,000 homes listed, that’s just 10% of normal levels. We estimate that 45% of home sales are happening off market (and that percentage is much higher in the luxury market). Prices are still shooting upward and multiple offers continue to be the rule, not the exception. So how did Austin become one of the hottest real estate markets in country? Here are some of the reasons why…

TESLA & META & GOOGLE – OH MY! 

It’s not an accident that many prestigious companies are flocking to Austin. Great weather, an abundance of educated workers and high quality of life are a huge draw for companies and their employees. Since 2004, Opportunity Austin, has sought to bring top-tier job creators to our region and have provided critical support in helping companies relocate and expand their businesses.

BITCOIN & BYTES

On the heals of SXSW, it’s easy to see that Austin is a hotbed for technology, startups and innovation. Apple has a new $1 billion campus with 15,000 employees. Tesla’s Gigafactory is nearing completion and will hire more than 10,000 people this year.  Facebook/Meta recently signed a lease for 589,000 square feet of office space across 33 floors in downtown Austin. Google and Oracle also have a massive presence in town!

TACOS & TITOS

Austin’s culinary scene is lively…as expected TexMex and BBQ dominate the scene and Tacos are in a category all to themselves. Austin’s home to a wide variety of distilleries and cideries, as well as wineries and breweries. Whether you’re drinking a pinot noir or a fancy whiskey, you’ve got plenty of options in Austin! These concepts fuse together to create a very delicious Austin experience. 

GO OUTSIDE

Austin’s outdoor activities are plentiful, from hiking, biking and walking trials to swimming holes and camping, there’s tons to do outside! If watersports are your thing, there’s paddle boarding and kayaking on Lady Bird lake or you can  take a boat for a spin on Lake Travis or many of the area lakes. If you want to get lost in nature, explore the our city and state parks! 

MUSIC TO MY EARS

We’re BACK! This years SXSW festival was a sign that live music in Austin — and the U.S. has emerged from the pandemic. Austin is the nation’s live music leader with  five concert venues per 100,000 residents — plus nine music festivals planned for 2022, almost twice as many as the average U.S. city.

Austin has attracted companies and their employees from all over the world, creating an acute housing shortage. The housing shortfall is exacerbated by supply chain and labor issues, extending delivery times and driving up prices. We’re in for more of the same for the foreseeable future and rising interest rates will make it even more challenging for buyers in entry-level price points. We’ll continue to see explosive growth in suburban areas like Jarrell, Taylor, Elgin, Smithville, Lockhart, San Marcos, New Braunfels and in the Hill Country, west of Austin.  

What do current conditions mean for you? Let’s talk! Call
Courtney 512-809-5495

Under Contract

Tyndall | Residence #216
 1 BD | 1 STUDY | 865 SF | $550,000 

Under Contract

Ladera Hill Ranchette
13+ Acres | 2700 SF | Caista | Views

We had a BLAST working with our friends at Lux Rox Boutique and Alamo Draft House while shooting our upcoming episode of the American Dream TV. This episode covers Southwest Austin living! MORE

5 Things  I’m Loving ❤️ this Week 

LUX ROX BOUTIQUE

Located in Southwest Austin at 7415 Southwest Parkway Bld 3, Ste 100, You’ll find some of the BEST shopping in town! Stop by and see their high-end, cutting edge apparel, fabulous jewels, & unique gifts. Host a Lux Rox shopping party and get rewarded with a Lux Rox gift card!! SHOP

NASCAR AT COTA
Friday, March 25th – Sunday, March 27th

This weekend, NASCAR’s three national series will run in the first road course race of the season at Circuit of The Americas (COTA). The Cup Series, Xfinity Series, and Camping World Truck Series will compete. A full three-day slate of NASCAR action will occur at the demanding 3.41-mile permanent road course in Austin, Texas for the second year in a row. Purchase your tickets here.

DELL MATCH PLAY
Friday, March 25th – Sunday, March 27th

Dell Technologies Match Play tournament takes place this spring and features some of the best players in the world! The five-day event will be held at Austin Country Club, one of the oldest clubs in Texas and home to some of golf’s greats, including Harvey Penick, Tom Kite, Ben Crenshaw and Pete Dye. TICKETS

RODEO AUSTIN
March 12th – March 26th

Come see the official sport of Texas at Rodeo Austin! With action-packed competitions, a carnival and fair, shopping, food, and more, there’s fun for everyone! Join Courtney and the Austin Syndicate in supporting the 4-H and FFA Livestock Show winners at the Youth Auction on March 26th! MORE

ALAMO DRAFT HOUSE

The Alamo Drafthouse Cinema is an American cinema chain founded in 1997 in Austin, Texas which is famous for serving dinner and drinks during the movie, as well as its strict policy of requiring its audiences to maintain proper cinema-going etiquette. SHOWTIMES

NEWSLETTER

MORE RESOURCES

OLDHAM GROUP PRESS:
Our latest mention in the Austin Business Journal FULL ARTICLE

AUSTIN AREA MARKET STATS: For those who love a good spreadsheet, here are latest Austin market stats broken down by month and zip code. MARKET STATS

ULTRA LUXURY REPORT:  Enjoy this complimentary compilation of the most prestigious properties Compass has to offer. LUXURY REPORT

CELEBRITIES ON THE MOVE: Here is the latest in celebrity real estate transactions. CELEB

BUYER GUIDE: It’s not easy buying in a market with rising prices and limited inventory. We can help you through the process. BUYER GUIDE

SELLER GUIDE: How do you make sure you get the most money for your home? From pricing to marketing, we’ll customize a plan to ensure you get the most money for your home. SELLER GUIDE

Courtney Oldham

© Compass 2022 | 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.

Courtney Oldham  |  Broker/Owner  |  512-809-5495

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Team Oldham Group | Moving Austin Forward | Courtney Oldham