Austin Mid-Year Real Estate Market Recap
The June and Mid-Year 2025 Central Texas Housing Report from Unlock MLS shows that closed home sales across the Austin-Round Rock-San Marcos metro area increased by 2.8% year-over-year, reaching 2,823 transactions. The median sales price held steady at $449,900. From January through June, total closed sales declined by 5.3% to 14,643—an expected drop tied to early 2025 economic concerns. That said, we’re seeing more listings hit the market while buyer demand stays steady. This creates opportunity for sellers to act before competition gets heavier—but it also means pricing and presentation are more important than ever. Homes that aren’t positioned correctly may sit or require price cuts
For a comprehensive and detailed analysis of your specific county and property, please contact us directly, and we’ll be happy to provide it promptly.
AUSTIN, Texas — June 2025 Austin MSA housing statistics from UnlockMLS:
979 – Residential homes sold, 12.9% more than June 2024.
$587,000 – Median price for residential homes, 0.5% less than June 2024.
1,716 – New home listings on the market, 3.9% more than June 2024.
5,941 – Active home listings on the market, 17.7% more than June 2024.
893 – Pending sales, 2.9% more than June 2024.
5.7 – Months of inventory, 1.6 months more than June 2024.
$770,636,459 – Total dollar volume of homes sold, 16.7% more than June 2024.
93.8% – Average close to list price, compared to 94.3% in June 2024.
Year to Date Sales
5,005 – Residential homes sold, 4.5% less than the first half of 2024.
$580,000 – Median price for residential homes, 1.8% more than the first half of 2024.
11,062 – New home listings on the market, 11.0% more than the first half of 2024.
28,300 – Active home listings on the market, 20.6% more than the first half of 2024.
5,409 – Pending sales, 3.0% less than the first half of 2024.
$3,864,592,321 – Total dollar volume of homes sold, 1.9% less than the first half of 2024.
Buyers: Patience Is the Key
In today's Austin real estate market, patience is key—for both buyers and sellers. Buyers continue to hold the upper hand, with many sellers offering incentives such as covering part or all of the buyer’s commission to stay competitive.
Our recommendation: take your time. Even when you find the ideal property, patience during the offer process—allowing the seller time to respond—often leads to better outcomes. While there’s always a chance of third-party competition during negotiations, we’re increasingly seeing buyers hold off, avoiding bidding wars due to the growing inventory and broader selection.
Sellers: Don’t Let Your Home Sit—Prepare It to Sell
We’re seeing more listings hit the market while buyer demand stays steady. This creates opportunity for sellers to act before competition gets heavier—but it also means pricing and presentation are more important than ever. Homes that aren’t positioned correctly may sit or require price cuts. It’s essential to work with a knowledgeable local agent who can guide you through smart make-ready recommendations and ensure your home stands out.
Having sold homes in Austin since the 2007 market, we understand how to navigate difficult and shifting selling conditions and position your home for success in today’s climate.
Austin Commercial Market Absorption Improves but New Supply Weighs on Vacancy
Despite challenges on the national level, Austin’s economy continues to show resilience. In the past year, the metro area added more than 22,000 jobs, representing a 1.6% year-over-year (YOY) increase. This growth rate places Austin among the leading large U.S. markets for job gains. The unemployment rate remained low at 3.4% by the end of the quarter, outperforming the national figure of 4.2%.
Although demand for office space has not yet fully recovered from the effects of the COVID-19 pandemic, positive trends are emerging. In the second quarter of 2025, the market saw net positive absorption of 389,000 square feet (sf), bringing the year-to-date total to 484,000 sf. Furthermore, the return-to-office movement is progressing as more tenants start to reoccupy their spaces.
The rise of newly developed speculative office projects — many of which remain unleased — continues to contribute to Austin’s high office vacancy rates. Since 2020, nearly 13 million sf of new office space has been delivered, pushing vacancy to record levels. However, as absorption increases, the overall city vacancy rate dropped by 60 basis points quarter-over-quarter (QOQ) to 28.5%. The Central Business District (CBD) also experienced improvement, with its vacancy rate declining by 90 basis points QOQ to 29.5%. Data provided by Cushman and Wakefield.