Copperfield vs. Neighbors: Where Prices Lagged in Rolling Year

Copperfield homes sold for a median of $311,211 over the trailing 12 months, a figure that sits below both the Austin region average of $397,794 and the Travis County median of $500,500. This gap highlights how local market dynamics in this specific neighborhood diverge from broader regional trends. Over the same period, Copperfield saw 35 closed sales with a median price per square foot of $241.94. While this is higher than the region's $197.37, it remains slightly below the county average of $244.70. The time on market for these homes averaged 46 days, which is notably faster than the regional average of 66 days but slower than the county average of 58 days. Price negotiations in Copperfield were competitive yet distinct from the wider area. Sellers received 95% of their original list price on average, matching the region's ratio but falling slightly short of the county's 94.4%. Furthermore, 85.7% of homes sold below their original list price, a higher rate than the regional 83.1% and county 82.6%, indicating a slight shift in buyer leverage within this specific community. Inventory levels stood at 5.65 months of supply based on current active listings and recent sales velocity. This suggests a balanced market environment where neither buyers nor sellers hold a decisive advantage, contrasting with the tighter constraints often seen in broader county-wide data. The median living area for sold homes was 1,309 square feet, smaller than both the regional average of 2,074 square feet and the county average of 2,089 square feet. https://alex.realestate/market-data/copperfield-austin Want more detail on Copperfield, Austin? Ask George for the full neighborhood report. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog