Steady pricing and rising pending sales mark a more balanced Central Texas housing market
Pending sales across the Austin-Round Rock-San Marcos MSA rose 8.2% in August, the fourth consecutive month of year-over-year growth, signaling steady buyer interest as the market transitions into fall. The median home price remained stable at $444,490, up slightly from last August. Active listings increased 13% year-over-year to 14,220 listings, though levels have started to trend downward month over month, keeping inventory under six months and the region in a more balanced market.
Vaike O’Grady, research advisor at Unlock MLS, “Pending sales are rising, prices are holding steady and inventory is trending in the right direction. The market is showing healthy movement as we head into fall, and August’s data reflects growing buyer confidence even as overall sales volumes ease. If the Fed lowers rates tomorrow as expected, we could see renewed interest from buyers, especially those exploring adjustable-rate mortgages, which tend to respond more quickly to those kinds of changes. Even a small rate shift can improve affordability and prompt more buyers to re-enter the market, a trend we’ve seen in past cycles.”
Brandy Wuensch, 2025 Unlock MLS and ABoR president, “We’re seeing signs of a steady and balanced market, and that opens the door for both buyers and sellers. The market has adapted to today’s interest rates, which means success now depends on how consumers position themselves, not just on rate movements. A REALTOR® offers the insight and tools you need to stay competitive. Especially in a season where timing and pricing really matter, having the right expertise makes all the difference. From navigating mortgage conversations to understanding how market trends affect your goals, working with a professional agent ensures you’re positioned for success.”
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 August 2024, click here.
If you’re curious about markets beyond Austin, take a look at the Corpus Christi market.
