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OGA Update 02102023
The Oldham Group Austin | Courtney Oldham
Market Minute

Here are the insights from January.

Months of Inventory in the Austin Metro area remained relatively unchanged sitting at 3.9 months of inventory. The city of Austin inventory sits slightly lower at 3.6 months.

Average days to sell increased to 65 in the Metro from 24 DOM in Jan 2022. The City of Austin saw an increase to 51 days from 25 in 2022.

Average sold price in the Metro was almost perfectly flat in Jan 2023 vs Dec 2022. This is an indication that we’ve hit bottom.

Year-over-year pricing saw declines which is to be expected for the next several months.

Under Contract units saw the smallest year-over-year decline since May of 2022! Another strong indicator that the market has bottomed and buyers are returning.

Ready to SELL? Let’s talk about getting the MOST from your property! Call Courtney 512.809.5495


Featured Properties

1609 Hartford Road


3 BD | 3.5 BA | 2,381 SF | $1,395,000

Rare, move-in ready 3/3.5 in 78703 with 2 car garage (including Tesla charger). Lives like a single-family home (Townhome style, corner unit in small 4-unit complex) with very solid construction. Flexible floor plan w/an elevator will appeal to many buyers. 

Buyer Representation: Courtney Oldham, Compass RE

3408 Stratford Hills Lane

5 BD | 5 FB | 3 HB | 1.23 AC | $5,495,000

Stunning sophistication in Stratford Mountain. This private estate is perfectly positioned on a generous 1.235-acre lot with views of Lake Austin from the spacious second floor balcony. Amazing attention to every detail – exquisite trim work, elegant iron details and resort-like outdoor spaces.

Award-winning Eanes School district just minutes from downtown and Zilker Park.

Listed by: Courtney Oldham, Compass RE

Rim Rock View


12.93 AC | Unrestricted | ETJ | $2,300,000

PRICE REDUCTION! Incredible opportunity for almost 13 unrestricted acres in “the path of progress”! Perfectly located off of Hwy 290 near Nutty Brown Rd, 20 minutes to downtown Austin and a straight shot to ABIA. Amazing potential for a short-term rental venue, luxury RV resort, boutique collaborative, custom home lots or even a gentleman’s ranch.

Call for guided tour

Listed by: Courtney Oldham, Compass RE

2005 Tower Drive

.259 AC LOT | TARRYTOWN | $1,450,00

This is an incredible building opportunity in one of the most desirable neighborhoods in Austin, Tarrytown. It’s located on a walkable street across from Tarrytown Neighborhood Park with convenient access to Mopac. It’s all of lot 53 (.1778 acres) and half of lot 54 (.0814) for a combined .2592 acres. The current duplex structure has an A & B unit to provide rental income while building permitting is in process.

Listed by: Courtney Oldham, Compass RE

2800 Joe DiMaggio Blvd

3 BD | 2 BA | 1820 SF | $399,995

NEW PRICE * 1% PREFERRED LENDER CREDIT * Stunning farmhouse in the heart of Round Rock and nestled in a pocket neighborhood close to Old Settlers Park, Dell Diamond, Kalahari, toll roads and more! This gorgeous home feels like a page out of Magnolia Journal!

Listed by: Courtney Oldham, Compass RE


What's Happening
Struggling for some unique date ideas for the 2023 Valentine’s weekend in Austin? From delicious meals to fun activities to do together we’ve got you covered with some of the best ways to celebrate your loved one this Valentine’s Day. (Visit Austin)


In general, this has been a week of correction and reversal for mortgage rates. After hitting the lowest levels in more than 4 months last week, they popped quickly back to the highest levels in a month by Tuesday. Things have calmed down since then and we anticipate a flatter baseline until next week’s inflation data on Tuesday morning.  (Mortgage News Daily)



The lineup for the No. 41 annual Austin Music Awards is here, and includes Jackie Venson, Como Las Movies, Brigitte Bandit, The Deer, and more. This year the event will benefit the SIMS Foundation — secure your ticket. (KXAN)



Somewhere between a cookie and a cupcake, you’ll find a new Austin favorite, Cooke Rich. Their signature curvy cookie sandwiches have been a hit since launched in October 2020. Each bite-size Cookie Rich is made up of two soft curvy cookies sealed with a delectable filling. With 12 flavors on the menu, there is a favorite for everyone. YUMMMY


Community Collaboration

The Oldham Group ❤️’s Austin and is committed to giving back to our community.  Each month we’ll partner with a local business OR charity. February is Courtney’s birthday month so we’re focusing on her charity, the Austin Syndicate!


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More Resources
AUSTIN AREA MARKET STATS: For those who love a good spreadsheet, here are the latest Austin market stat. Austin Board of Realtors MONTHLY STATISTICS
BUYER GUIDE: Find the right place at the right price isn’t an easy task! 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

MORTGAGE: We have trusted mortgage relationships to help you on your home buying journey. Please reach out to Courtney for the best fit for your needs.  

PROPERTY TAX PROTEST: Use a trusted professional, Home Tax Shield to protest your taxesHERE
CONTRACTORS: Courtney has a list of professionals from electricians and plumbers to pool companies and landscape firms. Let us make a connection! Curated by Courtney
Thank you for your Referrals
The Oldham Group Austin | Courtney Oldham

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.

Thank you for your interest, we will be in touch shortly!

Team Oldham Group | Moving Austin Forward | Courtney Oldham