Central Texas home sales decline in Q1 amid economic uncertainty in continued high-rate environment

According to the 2025-Q1 residential home sales across the Austin-Round Rock-San Marcos MSA declined to 6,698 listings, a 9.1% drop from the first quarter of 2024. During the same time frame, median sales price dipped 2.3% to $429,869 while housing inventory reached 5.3 months, moving the region closer into balanced housing market conditions.

Clare Knapp, “We started the year with a continuation of similar trends that shaped the market in 2024. However, stubbornly high mortgage rates and a weaker local labor market weighed on buyer confidence, while many sellers remained reluctant to adjust pricing expectations. That squeeze on buyer power shaped much of the activity we saw in the first quarter, reinforcing the need for greater flexibility and balance on both sides of the transaction.”

Brandy Wuensch, “With a wider range of listings to choose from, buyers are using this time to evaluate their choices, be selective and focus on homes that best fit their needs and lifestyle. This shift allows buyers to be more intentional with their decisions and to plan for long-term success. Working with a REALTOR^® is essential in this kind of environment someone who understands the nuances of the local market can help buyers navigate every step of the process with confidence and make more informed, strategic moves along the way.”

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 March 2024, click here.

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