Your May 2025 Market Report
Your May 2025 Market Report Discover the newest trends in Austin's residential real estate market. Here’s What You Need to Know Closed sales in May fell 8.8% from last year to 811, but this gap is closing as new contracts rise annually and monthly. New contracts in May grew 18.4% from last year
Austin MSA housing market continues to normalize; REALTORS® report recent uptick in activity
In January, median home prices dropped 6.3% to $450,000, the largest price drop since July 2011, according to the Austin Board of REALTORS® latest Central Texas Housing Report. Despite the price decrease, monthly housing inventory stayed flat at 2.7 months of inventory from December 2022, demons
CENTRAL TEXAS HOUSING MARKET SET PRICE RECORDS, SHIFTED TOWARDS BUYERS IN 2022
In 2022, the median price for a home in the Austin-Round Rock MSA set a new annual record of $503,000, according to the December 2022 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS®. Despite this record, the housing market continued shifting towards buyers
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