April home sales increase following early-year mortgage rate dip
The Austin area showed a notable shift in buyer confidence this spring as consumers actively re-entered the market during a brief window of lower mortgage rates earlier this year. Pending sales increased 15.4% year over year to 3,411 transactions in April, while closed sales rose 2.0% year over year to 2,648 sales, signaling continued momentum in the Austin-area housing market. As the region heads into peak selling season, the market continues to show strength despite broader global economic uncertainty, reflecting steady demand and renewed consumer confidence.
Vaike O’Grady, market research advisor at Unlock MLS, “What stands out in April’s data is the shift in buyer psychology and overall market momentum. Many buyers who had been delaying their home search took advantage of the temporary dip in mortgage rates we saw earlier this year and moved quickly once conditions became more manageable. That activity is now showing up in both pending and closed sales data. Buyers are stepping back into the market with more urgency, especially when homes are priced correctly, and pending sales continue to be one of the clearest indicators of where the market is heading. April’s numbers show that confidence is building despite higher borrowing costs and ongoing economic uncertainty.”
John Crowe, 2026 Unlock MLS and ABoR president, “In April, the rise in sales—both year-over-year and month-over-month—indicates that buyers are purchasing homes because it is a good investment. At the same time, affordability remains one of the biggest challenges facing Central Texas families. That’s why expanding housing supply at a variety of accessible price points remains so important. Reports like Unlock MLS’ and ABoR’s recent HOME Impact Report show that increasing housing options can help create more attainable pathways to homeownership across our region.”
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 April 2025, click here.
If you’re curious about markets beyond Austin, take a look at the Corpus Christi market.
