What's Driving the EXTREME Market?

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Austin's Extreme Market

Austin real estate market seems to show up on every list as one of the most vibrant markets in the country. In many ways, it’s becoming an “extreme” real estate market. Consider the following:

Major population growth. The Austin-Round Rock metro area one of the fastest growing in the nation. Few other metropolitan areas come close to the level of growth we’ve seen in and around Austin. And there doesn’t appear to be any end in sight. This is partly what’s driving the bold predictions and forecasts for the Austin real estate market in 2022.

Major inventory decline. Texas’s capital city doesn’t have the absolute lowest level of housing market supply in 2021. That “honor” probably goes to Seattle, Washington. However, the Austin metro area has experienced the biggest decline in inventory over the past couple of years. Supply levels have been low for a while now. In 2020, they sank a lot lower. As a result, the Austin real estate market is one of the most competitive in the country in 2021. 

Major price growth.
Austin, Texas also tops the list in terms of annual home-price appreciation. Few other cities can match it, in that regard. Among the nation’s 50 largest metros, Austin was ranked #1 in terms of annual price growth, according to Realtor.com’s March housing update.
Featured Listings

It doesn’t happen by accident!  You can count on Courtney’s in-depth local knowledge, deep relationships and industry expertise to give you a competitive edge when it matters most.

UNDER CONTRACT | CYPRESS SPRINGS

Howard Ranch | 3417 sq ft. | 4 bed

Gorgeous European contemporary with impeccable details and captivating architecture, highlighted by Spanish castle rubble rock details. High ceilings, cedar wrapped beams, gorgeous market windows and plenty of natural ight define each well-appointed space. Luxurious kitchen with spectacular Sandulus Quartzite and Carino Quartz countertops. Offered at $1.495 M

UNDER CONTRACT | 1607 Singleton Ave 

Here’s your chance to invest in the  Chestnut area of East Austin. This is a .139 acre lot with alley access that is already generating rent of $4K/mo. from three units. Fantastic location, with close proximity to downtown. We had a ton of interest and a total of 10 offers submitted. List Price $600,000 MULTIPLE OFFERS! OVER LIST!

You’ve found your piece of the Texas Hill Country!  2.3 gorgeous acres with an inground pool and spa, covered back patio and even a barn…all within 15 minutes of downtown Austin! Incredible location -5 minutes to Circle C area Starbucks, restaurants & HEB. List Price $959,000 MULTIPLE OFFERS! OVER LIST!

SOLD | 300 BOWIE #3802

1704 sq ft. | 3 bed | 3 bath

Views for days!!!! Comfort and elegance with floor to ceiling windows, a gourmet kitchens, marble spa baths two spacious balconies providing sweeping views from downtown to the Hill Country! Amazing location by Whole Foods, Trader Jo’s, Seaholm, the Library and hike/bike trails. Offered at $1.595 M

SOLD | 1607 Ravey Street 

1766 sq ft. | 2 bed | 2.5 bath

South Austin chic! This exceptional property is truly one-of-a-kind! It features a a large light-filled study, beautiful gourmet kitchen with a Thermador six- burner professional range that opens to a spacious living area. Hardwood floors, stained concrete, custom lighting, built-in’s. MULTIPLE OFFERS! OVER LIST! 

COMING SOON | ELLIOTT RANCH

3602 sq ft, 4 bed, 3.5 bath, 2.24 acres

Absolutely STUNNING!!! This one is not to be missed! Beautifully manicured 2.24 acre oasis with pool, cabana and plenty of wildlife. Beautiful landscaping, covered porches! Gourmet kitchen, subzero fridge, open layout, master down, dedicated study and game room! Offered at $1.2M

COMNG SOON | PLUM CREEK

701 sq ft, 3 bed, 2 bath | 1 story

This is the perfect starter home or investment property in Kyle. Owners have recently replaced HVAC and water heaters and added granite countertop surfaces in the kitchen and bathrooms. It’s ready for you! Offered at $290.000

COMNG SOON | MANOR RD CONDO

2827 Manor Rd Unit 1207

3 bed | 1768 sq ft| 2 car attached garage

Built in 2018, this incredible townhome style unit offers plenty of space, an open floor plan, two incredible balconies, quartz countertops, designer backsplash, stainless appliances Wood flooring throughout and tons of natural light. Offered at $625,000

Big Acts for ACL 2021

You’re not the only one who got a little giddy looking at the ACL line up yesterday. We’re excited!

Courtney Oldham | Movings Austin Forward

Courtney Oldham

© Compass 2021 | 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