🚨 Austin Market Update – April 2025

Hey y’all, it's Maggie (and Christian!) here with your monthly pulse check on the Austin real estate market. Whether you're casually browsing or seriously considering buying or selling, staying on top of trends can save you money—and some serious stress.

So, what’s going on in Central Texas real estate this month? Let’s dive in.

📊 The Big Picture: Prices Are Holding Steady

The median home price in the Austin-Round Rock MSA came in at $425,000 for March 2025, which is just slightly down (-0.7%) compared to last year. So while we’re not seeing huge jumps, the market is staying pretty stable—which is actually good news if you're trying to plan ahead.

💡 Quick stat: The average sales price was up 2.7% year-over-year to $564,697. That tells us higher-end homes are still moving, especially in niche pockets of town.

🏡 Buyer Activity: A Little Slower, But Not Stalled

The number of closed sales in March dropped about 9% from last year, with 2,859 homes sold. But here’s the kicker—new listings were actually up 8%, which means buyers have more options to choose from than they did this time last year.

Translation? Less competition for buyers = more negotiating power.

⏱️ How Long Are Homes Sitting?

The median days on market is 46, which is 9 days longer than this time last year. This doesn’t mean homes aren’t selling—it just means buyers are taking a little more time to make decisions. And that’s OK. We’re seeing smart buyers weigh their options, negotiate more confidently, and skip the panic-bidding of 2021 and 2022.

💸 List Price vs. Sold Price: Are Homes Still Selling Below Asking?

Yep. On average, homes are selling at 2.5% below asking price right now. That’s down slightly from last year, but it still gives buyers a bit of leverage.

Sellers: This doesn’t mean your home isn’t worth top dollar—it just means pricing it strategically from day one is everything. We can help with that 😉

📦 Inventory Update: More Choices, More Balance

We’re sitting at about 5.4 months of inventory across the board. That’s considered a “balanced market” (neither a strong seller’s market nor a full-on buyer’s market). It’s a much healthier pace compared to the frenzied post-COVID market we all remember.

If you’re a buyer waiting for “the crash”… this isn’t it.

If you’re a seller wondering if you missed the boat… you haven’t.

🏘️ What's Hot (And What’s Not)

Homes priced between $300K and $500K are seeing the most activity—but listings at all price points are moving, especially when they’re clean, well-presented, and priced right.

And yes—homes in 78704, 78745, and 78748 are still 🔥. (We’re a little biased, but the data backs it up.)

🎯 So, What Should You Do Next?

✅ Thinking of Buying?
Now’s a great time to explore options without the chaos. Let's help you get prepped, pre-approved, and find homes with the most value in today’s market.

✅ Thinking of Selling?
The buyers are out there—but they’re pickier than they were. We’ll help you position your home to attract the right offer, even if it's not a multiple-offer situation.

Have questions about what these trends mean for your specific situation?
We’d love to chat—no pressure, just honest advice.

📩 Reach out anytime,
Christian & Maggie
ThatRealtyDuo Group | eXp Realty
📞 512-402-3645 | 💌 hello@ThatRealtyDuo.com
🌐 ThatRealtyDuo.com