Central Texas housing market steadies in first half of 2025 despite early-year headwinds

Closed sales in the Austin-Round Rock-San Marcos MSA rose 0.5% to 2,762 sales compared to June 2024, while the median sales price remained flat at $450,000. Year-to-date, closed sales dipped 6.4% to 15,015 sales, a decline that was anticipated following early-year economic uncertainty. As inventory rises and market activity gradually levels out, the Central Texas housing market continues to demonstrate signs of stability heading into the second half of the year.

Vaike O’Grady, “The Central Texas housing market is continuing a gradual adjustment following a subdued start to the year, with current indicators signaling movement toward a more balanced environment. Although year-to-date sales remain below 2024 levels and the rate of decline has moderated. The rising inventory is expanding buyer choices. The median sales price has held steady, underscoring ongoing demand and reinforcing long-term confidence in the Austin market. Mortgage rates are expected to stay relatively stable. Sellers will need to remain flexible on pricing to maintain progress. The market is potentially positioned to close the gap with last year’s pace if these trends continue.”

Brandy Wuensch, “We’ve reached a point in the year where housing market conditions are leveling off. It’s never been clearer than before that there isn’t a one-size-fits-all approach when it comes to buying or selling a home in Central Texas.  Real estate agents are at the center of the market’s return to balance.”

You’ll find comprehensive information on the current market stats right here.  Additionally, for more details, feel free to explore www.abor.com.

If you would like to see a comparison to the Market Stats from June 2024, click here.

If you’re curious about markets beyond Austin, take a look at the Corpus Christi market.