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Your August 2025 Market Report

by Beata Burgeson

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Your August 2025 Market Report

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What Went Down in August

Market Overview

Austin ended August with 736 single-family home sales, a 4.8% increase from the previous year. The median sales price rose to $645,000, up 4.9% year-over-year. The average sales price was $842,555, a 1.8% increase from last year. The average price per square foot was $341.


Months Supply Of Inventory

Austin's single-family housing market currently stands at 4.62 months of supply. This decrease from July is likely due to a seasonal fall reduction in new listings, while buyer demand remains steady.


Price Cuts & Compression

Price reductions remain common: 58% of active listings saw a price drop in August, averaging 9% off the original asking price. Listings that dropped their price went under contract after a median of 23 days on the market.


List-to-Close & Buyer Leverage

Homes sold at an average of 91.81% of the list price in August. The % of Over/Under Asking for August 2025 was -3.50%.


Sales & Demand Trends

  • New Listings: In August, there were 925 new listings. The number of new listings in August 2025 decreased by -1.5% compared to the previous year.
  • New Under Contracts: In August, there were 745 new under contracts, a 16.8% increase from the previous year.
  • Average Days On Market: The average days on market in August was 63 days. This is an increase of 6 days from the previous year.
  • Active Listings: In August, there were 3,662 active single-family listings, up 10.10% from the previous year. 



90-Day Trend & August Month-to-Date

Since June, active inventory has increased, with new listings generally outpacing pending contracts. For August, there were 925 new listings and 745 pending contracts. The median time on market in August was 46 days. Price reductions remained common.



What’s Coming Next (60-Day Outlook)

Buyer-friendly conditions are expected to persist into the fall. Inventory remains high with 3,398 active listings as of September 9th, 2025. New listings are down -1.5% YoY, and price reductions are affecting 58% of active inventory. The median days on market is 46, signaling a slower pace than seasonal norms. Sellers should stand out with competitive pricing and strong presentation to attract buyer attention in a crowded field. 

Buyers can expect more selection and opportunities for concessions, but should move quickly on well-priced homes as they still attract strong interest and in some cases, multiple offers.



Economy & Rates Snapshot from our OriginPoint Partner

Recent economic news is pointing to a cooling labor market, with weekly jobless claims and continuing claims on the rise. This has increased optimism for potential Federal Reserve rate cuts, which are widely anticipated in the coming months. In fact, the average rate for a 30-year U.S. mortgage has already fallen to 6.5%, its lowest level in 11 months.

This trend of slightly lower rates is positive for buyers as it can increase purchasing power and provide more affordable financing. However, this window of opportunity may not last forever. A drop in mortgage rates could bring more buyers into the market, increasing competition for homes. Buyers should be ready to act quickly on well-priced homes as they continue to move fast. It's a strategic time for buyers who have the budget to enter the market and leverage their position to negotiate.


OriginPoint 

Jonathan Kauzlarich

jonathan@originpoint.com


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Average Days on Market Sold Price to Original List Price %


The Average DOM shows the number of days a property was on the market before it sold. An upward trend in DOM indicates a move toward a Buyer’s market.

The Sold Price vs. Original List Price reveals the percentage of the Original List Price properties sold for.


Monthly Supply of Inventory



Real estate economists tell us a six-month supply of For Sale Inventory represents a balanced market between sellers and buyers.

Over six months of For Sale inventory indicates a Buyer’s market. Less than six months of inventory indicates a Seller’s market.


New Listing Taken | New Under Contracts



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Thanks for reading!

Ready to achieve your next real estate goal? 

Please reach out to chat.


Beata Burgeson, Compass Real Estate

Beata@Beataburgeson.com

512-795-9900

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