Sales 👇 Down by 4.6%, Party in the Park & 🍺 on the Trail

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According to the Austin Board of REALTORS® (ABoR), August 2021 Central Texas Housing Report, home sales decreased 4.6% compared to August 2020. The data indicates the market is calming as typical seasonality has returned in terms of number of closings, even as median sales prices maintained the gains made over the course of 2021. Despite setting a record for the month of August with a median sales price of $470,000 across the MSA, prices are no longer increasing at a significant rate month to month. Full Article

Courtney’s Comments

The slow down from the breakneck speed we’ve seen for most of the year is a welcome sign. The correction ensures the overall health of market, keeping prices in check so we do not suffer from overvaluation in the future.

Sellers: Your homes are still at record-high values! It’s a great time to make the most of the market!

Buyers: From NOW until Spring, you have the best opportunity to find a home without getting into multiple offers. By February 15th, the market will pick up steam again as we see seasonal increases and more buyers enter the market.

Questions about the market? Call me đź“ž 512-809-5495

Off Market

5.50 Acre Lot | Legacy Hills  
$950,000 | Ask Courtney for details

Open House

Sunday 1-3 | 343 W. Overlook Mountain  
 4BD | 3.5 BA | 2852 Sq Ft | 3.319 AC | | $950,000

Sold

5408 Alonso Drive | Sweetwater
Greenbelt | Multiple Offers | $800,000

Under Contract

5160 AW Grimes #132 
Haven at Teravista
3 BD | 2 BA | 1777 SF | $410,000

Under Contract

8408 Red Willow | SW Austin 
3 BD | 2 BA | 1240 SF | $400,000

Under Contract

2300 Sandra Lane | Webberville
3 BD | 3 BA | 2838 SF | 2 AC | $729,000

Just Listed

5160 AW Grimes 124 & 136 
Haven at Teravista
3 BD | 3 BA | 1684 SF | $375,000

Just Listed

0000 | Hunters Pass 
Flat, Cleared Lot | Apache Shores

Just Listed

800 Embassy Drive #312 | Tyndall
1 bed, Study | 865 Sq Ft | $455,000

Coming Soon

300 Bowie #3801 | Spring Tower
Offered at $1,500,000

After a fully virtual 2020 party, the Austin Parks Foundation is excited this year’s Party for the Parks will be back in person and for the first time ever, they’ll be celebrating under the stars live from ACL Music Festival! Join Austin Parks Foundation and help us raise $300,000 for our parks – the places that have kept us healthy, safe and sane over the past 18 months!  The Black Pumas will performing!!! Don’t miss it! 

BEER GARDEN on the TRAIL
OCTOBER 9 & 10 from 12 to 7 PM

Enjoy local beer, live music from Austin musicians, and small bites near the Seaholm Waterfront project, all while supporting The Trail Foundation’s mission to protect, enhance, and connect the Trail for all. Whether you want to grab a beer on your way to ACL or just enjoy some music away from the crowds, Beer Garden on the Trail is the perfect spot to relax with a cold one. TICKETS

FIRST ANNUAL MIGAS FEST!
OCTOBER 17 @ BUTLER PITCH N PUTT

Enjoy sampling migas from 5 of Austin’s most well-established taco purveyors (yes, you get to help vote for who gets the honor of winning The Best Migas in Austin [yes, there is a trophy]). Trust us when we say that Ranch Rider will be flowing – we’ll keep the cans in your hand (responsibly). It also wouldn’t be a Ranch Rider shindig without live music. Believe us when we say… it’s a good lineup. TICKETS

AUSTIN FOOD + WINE FESTIVAL
NOVEMBER 5-7

This is where guests can sip, savor, mix and mingle their way through an impressively vast number of the country’s top wine, spirits and culinary exhibitors. Eat + greet with top chefs from Austin and Central Texas, who will be serving up samples of the classic dishes that put them on the map. TICKETS

FIELD GUIDE FESTIVAL
OCTOBER 29 & 30  

A Celebration of Austin’s Most Beloved Farmers and Chefs! You’ll find fresh ingredients, grown and harvested by our farmers, prepared by our favorite chefs, from around the city. Communities are built around tables, and this festival is an expansion of the farm to table movement. Experience a weekend of innovative conversation, connection, and cookouts! TICKETS

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