Spring Bloom! Austin’s Market Flourishes Alongside Bluebonnets
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Oldham Group Austin Update
Spring Bloom!
Austin’s Market Flourishes Alongside Bluebonnets
March 29, 2024
Spring Bloom!
As bluebonnets blanket the Texas landscape, signaling the arrival of spring, the real estate market in Austin experiences a similar surge in activity. This seasonal phenomenon is more than just coincidence; it reflects a pattern of heightened market performance synonymous with the vibrant blooms.
Austin’s real estate market has demonstrated remarkable resilience and growth, with springtime often serving as a catalyst for increased buying and selling activity. However, the correlation between bluebonnet season and market vitality extends beyond mere symbolism. It speaks to a deeper trend of stability and prosperity within the region’s real estate sector. This annual uptick in activity serves as a barometer for the overall health of the market, with 2024 already surpassing the benchmark set by our last “normal market” in 2019. Unlike previous years where market fluctuations were more pronounced, the current stability signifies a stabilizing market that continues to attract investors and homebuyers alike.
With favorable interest rates (Yep, 7% rates are healthy and here to stay) a growing economy, and a desirable quality of life, Austin remains a hotspot for real estate investment and homeownership.
With market activity already surpassing previous standards, homeowners and buyers can take advantage of peak season!
Featured Properties
1011 Sunset Canyon South
4 BD
2.5 FB
2,952 SF
$900,000
- Pending
Welcome to your hill country oasis in Sunset Canyon, Dripping Springs! This exquisite modern home, built in 2008, showcases timeless Hill Country Craftsman architecture, blending seamlessly with its natural surroundings. Step inside to discover the warmth of rich wood flooring that guides you through the spacious interior with soaring ceilings and abundant natural light. Designed for relaxation and entertainment, the home features captivating porches where you can unwind and soak in the tranquility of the surrounding landscape. As you explore further, you’ll be drawn to the expansive 2.77 acre outdoor area, where a large pool awaits!
1412 Fairhaven Gateway
4 BD
2.5 FB
2,477 SF
$419,000
- New Price
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.
11921 Bittern Hollow
4 BD
2.5 FB
2,695 SF
$575,000
- Sold
Nestled in the Gracywoods neighborhood of North Austin, this charming two-story home epitomizes convenience and style! Step inside to discover a spacious haven boasting 2695 sq. ft. of living space adorned with gleaming wood flooring and gorgeous updates! Entertaining is a breeze with a separate dining and living areas, perfect for hosting intimate gatherings or festive dinners. Enjoy lazy afternoons or al fresco dining on the covered patio overlooking the lush backyard oasis on a large corner lot.
Listed by: Courtney Oldham, Compass RE
214 B Smoke Tree Circle
4 BD
3.5 BA
3,697 SF
$1,150,000
- New Price
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
800 W. 5th Street #503
2 BD
2 BA
1,538 SF
$989,900
- New Price
This gorgeous Austin City Lofts residence has never been on the market…until now! Here’s your chance to enjoy the classic loft lifestyle and all this premium downtown location offers – walk to award winning restaurants, shop at luxurious galleries & boutiques, explore healthy eating at Whole Foods & Trader Joe’s and jump into the active lifestyle on Shoal Creek Trail & Lady Bird Lake. It’s all outside your doorstep! This gorgeous two bedroom, two bath unit has amazingly high ceilings, polished concrete floors, fabulous floor to ceiling windows and ample natural light.
Listed by: Courtney Oldham, Compass RE
What’s Happening
Round Top
Twice a year, in the spring and fall the small Texas town of Round Top swells from its population of 90 to a few hundred thousand during the Round Top Antiques Festival. The antiques show is the largest of its kind in the country, stretching over 11 miles on either side of Texas State Highway 237.
Adult Egg Hunt
Join the Sign Bar for an Adult Easter Egg Hunt on Easter Sunday, March 31. The hunt kicks off at 11 am and lasts until all the eggs are discovered. Hidden treasures include Two Step Inn wristbands, concert tickets, Sign Bar gift cards, and merchandise
Home Tour
Preservation Austin is proud to present our 2024 Homes Tour! The stunning homes on our tour embody more than a century of Austin’s remarkable heritage – from a log cabin to mid-century marvel and everything in between! The only tour of its kind in Austin
Austin FC
The 27th club in Major League Soccer has quickly become a fan-favorite team in the local and national soccer scene. From the legendary co-owner and Minister of Culture, Matthew McConaughey, leading chants; to supporters traveling across the country to cheer on the team! FC will take on FC Dallas on March 30 at Q2 Stadium at 7:30 PM in the MLS regular season.
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 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.
