And We’re Off…
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Oldham Group Austin Update
Welcome to the New Year
January 10, 2025
And We’re Off…
We are starting a new year, and the spring real estate market is approaching fast. To get ready for what’s to come, I’ve analyzed the trends from 2024 to forecast the market’s future behavior. Here are the key themes from last year.
Shifting to a Balanced Market: We’re seeing a shift away from the extremely competitive seller’s market of recent years towards a more balanced state.
Moderating Price Growth: Home prices are still rising, but at a more moderate pace. Buyers have a slightly better opportunity to negotiate prices compared to before.
Increased Inventory: The increase in new and active listings is a positive development for buyers. It provides more choices and potentially more room for negotiating favorable terms.
Longer Days on Market: The average days on market increased to 70, up 7 days from last year. This signals that homes might be taking a bit longer to sell.
Buyers’ Market: In 2024, buyers had more choices, and sellers were more willing to negotiate.
Still Competitive: Even with the shift towards a more balanced market, the Austin housing market remains competitive. Homes in desirable neighborhoods or with unique features are still likely to attract multiple offers.
How do these trends impact your property as we move into 2025? Reach out to Courtney to discuss your real estate plans.
Featured Properties
500 Laurel Valley Road
4 BD
4.5 BA
3,750 SF
$3,500,000
- Available
This stunning modern contemporary custom residence is more than just a home—it’s a testament to refined design and impeccable craftsmanship. Nestled on one of the most coveted lots in this prestigious neighborhood, the property exudes sophistication from the moment you arrive. Buyer incentives for flooring and cabinets!
Showings by Request Courtney Oldham
495 Whippoorwill Trail
5 BD
4.5 BA
5,133 SF
$3,500,000
- Sold
6.31 Acres with Stunning Views – Perfect for Building Your Dream Home! Escape to Camelot in Westlake, where endless possibilities meet breathtaking scenery! This expansive 6.31-acre property offers the ideal canvas for your dream home, nestled in nature’s beauty. With panoramic views that stretch for miles, you’ll experience tranquility and privacy, while still being conveniently located near essential amenities. This rare opportunity provides ample space for custom building, outdoor recreation, and even future expansion.
Listed by: Courtney Oldham, Compass RE
1600 Holly Street
3 BD
3.5 BA
1,800 SF
$995,000
- New Price
This stunning modern home exudes style and comfort. Featuring sleek stained concrete floors, soaring high ceilings, and recessed lighting throughout- the space feels open and inviting. The gourmet kitchen boasts premium finishes, ideal for entertaining or culinary adventures. Each spacious bedroom includes its own ensuite bathroom, offering privacy and contemporary luxury. Outside, enjoy a private fenced backyard with low-maintenance astroturf and stylish sail awnings, perfect for intimate gatherings or quiet relaxation. Experience modern East Austin living at its finest!
Listed by: Courtney Oldham, Compass RE
1003 The High Road
7 BD
8 FA 3 HB
10,912 SF
$19,500,000
- The ONYX of Austin
The most extraordinary home ever to grace the Westlake Hills market. A masterpiece of modern design, this architectural icon combines jaw-dropping panoramic views of downtown Austin with unparalleled luxury and innovation. Newly completed by Paradisa Homes, this gated estate redefines what it means to live at the height of sophistication. Property Website.
Listed by: Kuper Sotheby’s | Showings by Request Courtney Oldham
6433 York Bridge Circle
3 BD
2 BA
1,887 SF
$650,000
- Under Contract
Impeccably maintained one story home in the highly desirable Park Place neighborhood of Circle C Ranch. The open floor plan flows seamlessly, making it perfect for entertaining. The spacious family room is adorned with gleaming hardwood floors, a cozy gas log fireplace, and an abundance of natural light that filters through large picture windows, creating a warm and inviting atmosphere. Sit on the private back patio with a cup of coffee! Walking distince to everything Taco Deli, Alamo Draft Houses, School sand more!
Listed by: Courtney Oldham, Compass RE
What’s Happening
Golf Golf
Join Butler Pitch & Putt for Glow Golf until the park closes at 10 PM. This is not your typical golf course. Butler is a 9-hole, par 3 pitch & putt that has real grass greens with holes that are unique, fun and easy to play for all ages. First come, first play.
ESTE & BAWI
Este, the award-winning Mexican seafood restaurant in East Austin, is excited to team up with Bawi Agua Fresca, the specialty sparkling agua frescas brand based in Austin, to bring a refreshing twist to Dry January with a lineup of mocktail specials. Stop by to sample them all.
Blanton All Day
Kickstart 2025 with a full day of art and activities at Blanton Museum of Art! They will have a DJ Set, Art with an Expert, current temporary exhibitions, their permanent art collection, art talks, and more.
Seeing Red
Founded in Waco, Texas, in 1937, Big Red soda is a Lone Star staple. Originally named Sun Tang Red Cream Soda, the beverage became Big Red in the 1960s. Check out this month’s Texas Highways magazine to see how this soda is being reborn as a sparkling new restaurant ingredient.
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 2025 | 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.
