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<h1>Austin Real Estate Market Update: August 31, 2023 Insights</h1><h1>Volume 19; Number 35 </h1>

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Austin Real Estate Market Update - August 31, 2023 It's time for our monthly deep dive into the latest happenings in Austin's real estate scene. There's been some interesting shifts since last year, so let's break it down.​Inventory and Months of Supply: More options for buyers compared to 2022. Active listings in the Austin MLS are up 1.1x to 12,371 homes. Months of supply has increased by the same amount to 4.0 months. More choice for buyers is always nice to see.​Pricing: List prices are up 3.15% year-over-year as sellers try to maximize sale prices. But sold prices tell the real story - the average sale price is down 5.82% to $577,666. Median sold price also down 6.25% to $450,000. Sellers having to get realistic with this cooling market.​Central Texas Trends: Taking a wider view across 30 cities, there's been a big shift. 90% of cities are seeing year-over-year price drops. Only 10% with increases. Monthly moves are more split evenly. This points to a gradual cooling across the region.​Zip Codes: Zooming into 75 zips codes shows a similar story - 71% with lower prices versus last year. But 41% increased month-over-month, indicating the declines are slowing.​Sales vs List Prices: Most homes are going for under list price, around 65% this month versus 62% last month. Sellers are having to price competitively for the slower market. But roughly 1 in 7 homes still sell over list, showing high demand pockets persist. The Austin market remains active but is clearly cooling from last year's feverish pace. For buyers or sellers, it pays to stay on top of the latest trends so you can make informed decisions. Review the detailed report below and let us know if you have any questions.&nbsp;<div></div>

Austin Real Estate Market Update - August 31, 2023 It's time for our monthly deep dive into the latest happenings in Austin's real estate scene. There's been some interesting shifts since last year, so let's break it down.​Inventory and Months of Supply: More options for buyers compared to 2022. Active listings in the Austin MLS are up 1.1x to 12,371 homes. Months of supply has increased by the same amount to 4.0 months. More choice for buyers is always nice to see.​Pricing: List prices are up 3.15% year-over-year as sellers try to maximize sale prices. But sold prices tell the real story - the average sale price is down 5.82% to $577,666. Median sold price also down 6.25% to $450,000. Sellers having to get realistic with this cooling market.​Central Texas Trends: Taking a wider view across 30 cities, there's been a big shift. 90% of cities are seeing year-over-year price drops. Only 10% with increases. Monthly moves are more split evenly. This points to a gradual cooling across the region.​Zip Codes: Zooming into 75 zips codes shows a similar story - 71% with lower prices versus last year. But 41% increased month-over-month, indicating the declines are slowing.​Sales vs List Prices: Most homes are going for under list price, around 65% this month versus 62% last month. Sellers are having to price competitively for the slower market. But roughly 1 in 7 homes still sell over list, showing high demand pockets persist. The Austin market remains active but is clearly cooling from last year's feverish pace. For buyers or sellers, it pays to stay on top of the latest trends so you can make informed decisions. Review the detailed report below and let us know if you have any questions.&nbsp;<div></div>

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<h2>Austin Area Residential Sales Insights</h2>
<iframe src="https://drive.google.com/file/d/1Kwqar0J6CvVwncnt0qlzrxVf689-Xk2V/preview" width="100%" height="700px" margin="auto" title="Team Price Real Estate Statistics"></iframe>

<h2>Austin Area Residential Sales Insights</h2>
<iframe src="https://drive.google.com/file/d/1Kwqar0J6CvVwncnt0qlzrxVf689-Xk2V/preview" width="100%" height="700px" margin="auto" title="Team Price Real Estate Statistics"></iframe>

<h2>Real Estate Experts</h2>Pellentesque consectetur, nulla et sagittis tempor, risus magna faucibus odio, in aliquet elit orci ac urna. Duis dapibus arcu quis nisi porta, ac finibus nisi accumsan. Praesent accumsan augue quis nisi pretium volutpat. Fusce enim tortor, consectetur ut ligula eu, pellentesque blandit lacus. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae.

Record-High New Real Estate Listings in 2025: A Data-Driven Look at January to April TrendsIn the first four months of 2025, the real estate market has seen an unprecedented surge in new listings, reaching a record high compared to the past 25 years. Data from Team Price Real Estate, revised on April 23, 2025, shows that cumulative new listings from January to April totaled 17,665, surpassing the previous high of 17,596 set in 2024. With one week remaining in April, this figure already marks a significant milestone, positioning 2025 as a standout year for real estate inventory. The data, which tracks new listings back to 2000, reveals that this year’s total is 24.4% above the historical average of 14,148, highlighting a dramatic increase in properties entering the market.The journey to this record began in 2000, when January to April saw 8,465 new listings. Over the years, the cumulative total fluctuated, peaking at 15,399 in 2004 before dipping to lows like 12,453 in 2012 and 12,764 in 2011 during the post-2008 recovery. The market saw steady growth through the 2010s, with totals ranging from 12,573 in 2014 to 15,512 in 2019. The pandemic years brought volatility, with 14,577 listings in 2020 and a rebound to 14,356 in 2021. By 2023, the cumulative total was 14,528, but 2024 marked a significant jump to 17,596, a 21.1% increase year-over-year. In 2025, the cumulative total of 17,665 reflects a modest 0.4% increase over 2024, yet it secures the record, driven by strong performance in the early months despite a slower April.April’s new listings provide a closer look at the 2025 trend. As of April 23, 2025, April recorded 4,494 new listings, a 16.2% decrease from April 2024’s 5,363. Historically, April listings have varied widely, from a low of 2,226 in 2000 to a high of 5,363 in 2024. Notable year-over-year changes include a 45.4% surge in 2001 (3,237 listings), a 38.6% spike in 2010 (4,880), and a 25.2% drop in 2011 (3,652). The 2024 April figure was a 28.7% increase over 2023’s 4,167, setting a high bar that 2025’s April has not matched so far. However, the cumulative total for 2025 remains unmatched, suggesting that January through March were particularly strong, pushing the year to its record-setting pace.To understand the scale of 2025’s achievement, consider the historical average. The average cumulative new listings from 2000 to 2024, calculated across 25 years, is 14,148. This figure accounts for boom years like 2004 (15,399) and 2008 (15,930), as well as lean years like 2009 (13,088) and 2012 (12,453). The 2025 total of 17,665 is 24.4% above this average, a figure that underscores the exceptional volume of properties listed this year. Projections for the final week of April suggest even greater growth. With a daily listing rate of approximately 195 (4,494 over 23 days), the remaining seven days could add about 1,365 listings, bringing April’s total to around 5,859 and the cumulative total to approximately 19,030. This would represent an 8.2% increase over 2024’s 17,596, further solidifying 2025’s record.The data also highlights significant year-over-year shifts in cumulative listings. For example, 2010 saw a 22.8% increase to 16,077 listings, while 2011 experienced a 20.6% decline to 12,764. More recently, 2020’s cumulative total fell 6.0% to 14,577, and 2023 remained nearly flat at 14,528, up just 0.6% from 2022’s 14,437. The 21.1% jump in 2024 to 17,596 was a major driver of the current trend, setting the stage for 2025’s 0.4% increase to 17,665. These fluctuations reflect the real estate market’s sensitivity to economic conditions, interest rates, and seasonal patterns, with 2025’s record indicating a robust supply of properties entering the market.While the new listings data paints a picture of abundant inventory, the context of pending sales suggests a complex market. Cumulative pending sales in 2025, at 13,504 as of April 23, are down 16.3% from 2024’s 16,140, and April’s pending sales of 2,727 represent a 38.7% drop from 2024’s 4,448. This contrast highlights a market where supply is outpacing demand, but the focus here remains on the new listings, which continue to break records. The data from Team Price Real Estate, covering 2000 to 2025, provides a clear view of this historic moment, with 17,665 cumulative listings marking a high point in real estate activity.As the final week of April 2025 unfolds, the cumulative new listings are likely to climb higher, potentially approaching 19,030. This would not only reinforce 2025’s record but also push the year further above the 24.4% historical average benchmark. The real estate market, as captured in this data, is experiencing a significant moment of growth in inventory, with 2025 standing out as a year of unprecedented new listings. Whether this trend continues into the rest of the year will depend on various factors, but the numbers from January to April tell a compelling story of a market reaching new heights. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250423111507.png" alt="" width="" height="" style=""></figure></div>​FAQ SectionWhat is the trend in new real estate listings for 2025?In 2025, cumulative new real estate listings from January to April reached 17,665 as of April 23, a record high compared to the previous peak of 17,596 in 2024. This total is 24.4% above the historical average of 14,148 (2000–2024), driven by strong January–March performance despite a 16.2% drop in April listings (4,494 vs. 5,363 in 2024). Projections suggest the cumulative total could hit 19,030 by April’s end, an 8.2% increase over 2024.How do 2025 new listings compare to previous years?The 2025 cumulative new listings (17,665 as of April 23) surpass all years since 2000, exceeding 2024’s 17,596, 2010’s 16,077, and 2008’s 15,930. Historical lows include 2000 (8,465) and 2012 (12,453). The 24.4% increase over the 14,148 average (2000–2024) highlights 2025’s exceptional inventory, following a 21.1% jump in 2024 from 2023’s 14,528.What factors contribute to the increase in new real estate listings?The data does not specify causes, but the 2025 record of 17,665 new listings (24.4% above the 14,148 average) may reflect seller confidence, pent-up supply from prior years, or increased new construction. The 21.1% surge in 2024 to 17,596 set the stage, while 2025’s 0.4% increase (projected to 8.2% by April’s end) suggests continued inventory growth.

Discover how 2025’s new real estate listings reached a record high of 17,665 from January to April, 24.4% above the historical average. Explore detailed data trends from 2000 to 2025, including a projected 19,030 listings by April’s end, in this comprehensive market analysis.

2025 Real Estate Listings Hit Record High: January–April Data Breakdown

Austin’s 78721 Zip Code: A Deep Dive into the $300K-$400K Housing Market InventoryIn the city of Austin, Texas, the real estate market varies significantly across zip codes and price ranges. One area that stands out is the 78721 zip code, particularly in the $300,000 to $400,000 price range. According to data from Team Price Real Estate, revised on April 23, 2025, this segment of the market shows a remarkable 51 <a href="https://teamprice.com/months-of-inventory">months of inventory</a>, the highest for any $100,000 price range across 75 zip codes in Austin. This figure indicates a slow-moving market for homes priced between $300,000 and $400,000 in 78721, providing valuable insight for buyers, sellers, and real estate professionals. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250423014022.png" alt="" width="" height="" style=""></figure></div> The <a href="https://teamprice.com/months-of-inventory">months of inventory</a> metric represents the time it would take to sell all active listings if no new properties were added to the market. In 78721, the $300,000 to $400,000 price range has 17 homes currently listed for sale, with only one property sold in the past 90 days. This low sales velocity contributes to the 51-month inventory figure, suggesting that homes in this price range are taking significantly longer to sell compared to other segments. For context, the overall average months of inventory in 78721 across all price ranges is 6 months, highlighting the unique dynamics of the $300,000 to $400,000 market.Examining the active listings further, the 17 homes in this price range have an average of 154 days on the market. This duration reflects the time these properties have been listed without selling, with individual days on the market ranging from as few as 6 days to as many as 317 days. The wide range suggests variability in property appeal, pricing, or market conditions affecting buyer interest. Compared to other zip codes in Austin, such as 78717, which has 3.86 months of inventory in the $400,000 to $500,000 range, or 78727, with 2.60 months in the same $300,000 to $400,000 range, 78721’s extended inventory period is exceptional.Across Austin’s zip codes, the $300,000 to $400,000 price range shows diverse inventory levels. For instance, 78702 reports 3 <a href="https://teamprice.com/months-of-inventory">months of inventory</a>, while 78723 has 12 months in this price bracket. The 78721 zip code’s 51 months is an outlier, indicating a surplus of available homes relative to demand. In contrast, lower price ranges in 78721, such as under $300,000, have zero months of inventory, suggesting no active listings or rapid sales. Higher price ranges, like $500,000 to $600,000, show 6.5 months, and $1,000,000 and above have 15 months, illustrating a more balanced market in other segments.The data also provides a broader perspective on 78721’s real estate landscape. For homes priced between $400,000 and $500,000, the inventory is 6.5 months, while the $600,000 to $700,000 range has 6.67 months. The $700,000 to $800,000 and $800,000 to $900,000 ranges both show 7.29 and 6 months, respectively. These figures indicate that while the $300,000 to $400,000 range struggles with high inventory, other price segments in 78721 align more closely with Austin’s broader market trends, where inventory typically ranges from 2 to 15 months in most zip codes.For those interested in the Austin housing market, the 78721 zip code’s $300,000 to $400,000 price range offers a unique case study. The prolonged days on the market and high months of inventory suggest that sellers may need to adjust pricing strategies or enhance property marketing to attract buyers. Meanwhile, buyers in this segment may find opportunities to negotiate, given the abundance of available homes. The data underscores the importance of understanding local market dynamics, as inventory levels can vary dramatically even within a single zip code.The Austin real estate market is known for its diversity, with zip codes like 78701 showing 9 months of inventory in the $300,000 to $400,000 range and 78704 reporting 8.57 months. However, 78721’s 51-month inventory in the same price range sets it apart, making it a focal point for those analyzing market trends. As of April 23, 2025, this data from Team Price Real Estate provides a snapshot of a market segment that is moving slowly, offering a wealth of information for anyone navigating Austin’s housing landscape.FAQ SectionWhat does months of inventory mean in real estate?<a href="https://teamprice.com/months-of-inventory">Months of inventory</a> measures how long it would take to sell all active listings in a given market at the current sales pace, assuming no new listings are added. In the 78721 zip code, the $300,000 to $400,000 price range has 51 months of inventory, meaning it would take over four years to sell the 17 active listings if only one home continues to sell every 90 days.Why is the 78721 zip code’s inventory so high in the $300,000 to $400,000 range?The high inventory of 51 months in 78721’s $300,000 to $400,000 price range is due to low sales activity, with only one home sold in the past 90 days, and a large number of active listings (17). The average days on the market of 154 days suggests that these homes are not attracting buyers quickly, possibly due to pricing, property conditions, or market demand.How does 78721’s housing market compare to other Austin zip codes?In the $300,000 to $400,000 price range, 78721’s 51 months of inventory is significantly higher than other Austin zip codes, such as 78702 (3 months), 78723 (12 months), or 78727 (2.60 months). Other price ranges in 78721, like $500,000 to $600,000 (6.5 months), are more aligned with typical Austin inventory levels, which range from 2 to 15 months.

Austin 78721 Zip Code: Why the $300K-$400K Housing Market Has 51 Months of Inventory

Austin Real Estate Market: April 2025 Update Shows Rising Inventory and Price Shifts : In April 2025, the Austin-area housing market continues to reflect a major shift in balance between active supply and buyer demand. According to the latest data from Team Price Real Estate, the number of homes listed as active but not yet under contract reached 11,132, marking a 24% increase from April 2024, when the number stood at 8,977. This difference—referred to as “Active Minus Pending”—measures the surplus of homes still available and is one of the clearest indicators of inventory buildup.To put that in perspective, during April of 2021, Austin had a negative value of -2,698 in this same category, meaning there were more homes under contract than actively listed. The current figure, which is more than four times the 10-year average for April (approximately 4,296), shows how much the market has shifted in just a few years. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250422081800.png" alt="" width="" height="" style=""></figure></div>​ At the same time, home prices have continued to adjust. The average sales price in April 2025 is reported at $604,794, which is up slightly from $582,157 in April 2024, showing a 3.9% year-over-year increase. However, the median sold price for April 2025 is $459,000, only a 2.7% increase compared to $447,000 the previous April. While prices are still climbing modestly, they remain well below the peaks seen in 2022. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250422081905.png" alt="" width="" height="" style=""></figure></div>​<div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250422081933.png" alt="" width="" height="" style=""></figure></div> Price per square foot, another useful measure of home value, remains relatively stable. In April 2025, the average price per square foot across the Austin-area MLS was $272, compared to $269 in April 2024. This slight increase of 1.1% year over year suggests that, although the number of listings has grown significantly, pricing has not dropped at a drastic rate.&nbsp;Looking back over the past decade, the growth is still substantial. Since April 2015, when the average sold price was just over $330,000, the market has seen a nearly 83% increase. Even more dramatic is the growth in price per square foot over that same period, rising from $157 in April 2015 to $272 in April 2025—a gain of over 70%. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250422082006.png" alt="" width="" height="" style=""></figure></div>​Team Price Real Estate’s data also reveals that this is not just a seasonal fluctuation. The 5-year average of April pricing and inventory trends shows a sustained cooling in buyer activity relative to the boom years of 2021 and 2022. With more inventory staying on the market longer, sellers are facing new challenges in pricing and positioning their homes, while buyers have more options and potentially more room for negotiation.This growing gap between active and pending listings highlights a shift toward a market that is becoming more favorable to buyers. While price growth has not disappeared, it has slowed considerably compared to recent years. With inventory levels reaching a record high and pending contracts not keeping pace, the Austin real estate market in April 2025 offers a snapshot of a more balanced and measured environment.FAQ Section:Q1: What is the current state of the Austin housing market as of April 2025?As of April 2025, the Austin housing market is experiencing an increase in active listings, reaching 15,484, and a slowdown in buyer activity, with pending sales decreasing by 3.9% year-over-year. This indicates a shift towards a more balanced market.​Q2: How has the inventory level changed in Austin's housing market?The months of inventory in Austin has risen to 5.37 as of mid-April 2025, reflecting a 27.2% increase from the previous year. This suggests that homes are staying on the market longer, providing buyers with more options.​Q3: What are the implications for buyers and sellers in the current market?For buyers, the increased inventory offers more choices and potentially more negotiating power. For sellers, the market shift means pricing homes competitively is crucial, as the days of rapid sales and bidding wars have diminished.​

Explore the latest data on Austin's housing market as of April 2025, highlighting increased active listings, changes in buyer activity, and shifts in market dynamics

April 2025 Austin Housing Market Update: Rising Inventory and Market Shifts

Austin’s Housing Market Nears Record High Active Listings by End of April 2025The Austin-area housing market is on the verge of a significant milestone, with active residential listings approaching a record high by the end of April 2025. According to data from teamprice.com, as of April 17, 2025, the Austin Multiple Listing Service (MLS) reported 15,484 active listings, reflecting an 11% increase compared to the same period in 2024. This figure is just 698 listings shy of the previous high of 16,182, recorded in June 2024. With a rapid increase in new listings this month, the market is poised to surpass this benchmark, potentially setting a new record before May begins.In March 2025, the Austin MLS closed the month with 14,639 active listings. By April 14, 2025, teamprice.com reported a rise to 15,241 listings, marking a gain of 602 listings over 14 days. This translates to an average daily increase of approximately 43 listings. However, the pace accelerated in the following days. Between April 14 and April 17, 2025, active listings climbed by 243, reaching 15,484—an average of 81 listings added per day. This surge in the rate of new listings highlights a robust growth trend in the Austin housing market during the spring season.The data suggests that the Austin MLS is on track to exceed the June 2024 high of 16,182 listings within days. Using the recent daily increase of 81 listings, the market needs just 698 additional listings to break the record. At this pace, it would take approximately 8.6 days to reach 16,182, placing the milestone around April 26, 2025. On that date, active listings are projected to reach 16,213, surpassing the previous high and establishing a new record for the Austin-area MLS. Even if the rate of increase slows slightly, averaging 62 listings per day (based on the combined April data), the market would still hit the target by April 29, 2025, with an estimated 16,228 listings.The growth in active listings is accompanied by a significant rise in months of inventory, a key indicator of market supply. Teamprice.com reported that as of April 17, 2025, months of inventory stood at 5.37, a 27.2% increase from the previous year. This reflects a substantial expansion in available homes, providing buyers with more options in the Austin market. The 11% year-over-year increase in active listings further underscores the market’s upward trajectory, driven by strong seller activity in the first half of 2025.Historical context from teamprice.com shows that the Austin MLS reached a notable peak of 15,137 listings on June 21, 2024, with a 28.7% year-over-year increase at that time. However, the user-provided data confirms the higher benchmark of 16,182 listings in June 2024, which serves as the target for the current projection. The rapid growth observed in April 2025 aligns with seasonal trends, as spring typically brings heightened listing activity. The accelerated daily rate of 81 listings between April 14 and April 17 suggests that the market is capitalizing on this seasonal momentum.As the Austin housing market approaches this record-breaking moment, the data points to a dynamic and expanding inventory. The projected timeline of April 26 to April 29, 2025, for surpassing 16,182 listings is supported by the consistent daily increases reported by teamprice.com. Whether the market achieves this milestone on the earlier or later end of the estimate, the trend is clear: Austin’s active listings are surging, and a new record is within reach by the end of the month.FAQ SectionWhat is the current number of active listings in the Austin MLS?As of April 17, 2025, the Austin Multiple Listing Service (MLS) reported 15,484 active residential listings, according to teamprice.com. This represents an 11% increase from the previous year.When will Austin’s housing market reach a new record for active listings?Based on data from teamprice.com, the Austin MLS is projected to surpass the previous high of 16,182 active listings by April 26, 2025, with an estimated 16,213 listings. If the rate of increase slows slightly, the record could be reached by April 29, 2025.How has the Austin housing market’s inventory changed in 2025?Teamprice.com data shows that active listings in the Austin MLS grew from 14,639 in March 2025 to 15,484 by April 17, 2025, with months of inventory rising 27.2% year-over-year to 5.37, indicating a significant increase in available homes.<div class="se-component se-image-container __se__float-center"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250417082140.png" alt="" width="" height="" style=""></figure></div>

Discover how Austin’s housing market is poised to break records with 15,484 active listings as of April 17, 2025, nearing the June 2024 high of 16,182. Data from teamprice.com projects a new record by April 26, 2025, driven by a surge in new listings.

Austin Housing Market to Hit Record High Active Listings by April 2025

New Construction vs. Resale Homes: A Data-Driven Look at the Austin Area Housing Market in 2025The Austin area housing market in 2025 presents a dynamic landscape where new construction and resale homes vie for buyer interest. A comprehensive dataset from Team Price Real Estate, updated on April 17, 2025, offers a detailed comparison of these markets across 30 cities in the Austin region, including Austin, Buda, Pflugerville, and Del Valle. The dataset tracks active listings, pending sales, sold homes, activity index, and months of inventory. The activity index, calculated as pending sales divided by the sum of active and pending listings, shows the percentage of homes under contract, reflecting market momentum. Months of inventory indicates how long it would take to sell all active listings at the current sales rate. This article delves into these metrics to provide a clear view of the Austin area’s real estate trends.In Austin, the resale market is substantial, with 4,007 active listings, 1,030 pending sales, and 1,961 homes sold. The activity index is 20.4%, meaning roughly one in five available or pending homes is under contract. With 6.13 months of inventory, Austin’s resale market leans toward balance. New construction in Austin, by contrast, has 681 active listings, 225 pending sales, and 278 sold homes, yielding a higher activity index of 24.8% but a slightly elevated 7.35 months of inventory. This suggests new homes in Austin face a marginally slower sales pace than resales, despite stronger buyer engagement.Buda’s new construction market shines brightly. With 94 active listings, 78 pending sales, and 95 sold homes, new homes in Buda achieve a 45.3% activity index, one of the highest in the dataset. The 2.97 months of inventory signals a strong seller’s market where homes move quickly. Buda’s resale market, with 198 active listings, 63 pending sales, and 79 sold homes, posts a respectable 24.1% activity index but a higher 7.52 months of inventory, indicating resale homes take longer to sell. This contrast highlights how new construction can dominate buyer interest in certain areas.Pflugerville also showcases robust new construction activity. With 65 active listings, 53 pending sales, and 61 sold homes, new homes have a 44.9% activity index and a low 3.20 months of inventory, reflecting high demand. The resale market, with 272 active listings, 124 pending sales, and 185 sold homes, has a 31.3% activity index and 4.41 months of inventory. While healthy, the resale market lags behind new construction, suggesting buyers in Pflugerville may prioritize modern homes.Del Valle exemplifies the appeal of new construction in smaller markets. With 31 active listings, 27 pending sales, and 41 sold homes, new homes in Del Valle boast a 46.6% activity index and just 2.27 months of inventory, indicating a hot market. Resale homes, with 53 active listings, 11 pending sales, and 19 sold homes, show a 17.2% activity index and 8.37 months of inventory, reflecting slower sales. Similarly, Hutto’s new construction market, with 115 active listings, 83 pending sales, and 134 sold homes, has a 41.9% activity index and 2.57 months of inventory, compared to a 23.4% activity index and 5.45 months for resales.Georgetown, a significant market, shows balanced activity. New construction includes 417 active listings, 229 pending sales, and 279 sold homes, with a 35.4% activity index and 4.48 months of inventory. Resale homes, with 722 active listings, 195 pending sales, and 347 sold homes, have a 21.3% activity index and 6.24 months of inventory. This suggests new homes in Georgetown move faster, likely due to contemporary features appealing to buyers.Smaller markets like Manchaca reveal challenges for new construction. With only one active listing and no pending or sold homes, the activity index is 0%, and inventory is undefined. Resale homes in Manchaca, with 22 active listings, 4 pending sales, and 11 sold homes, have a 15.4% activity index and 6.00 months of inventory, indicating modest activity. Marble Falls’ resale market, with 99 active listings, 13 pending sales, and 13 sold homes, has an 11.6% activity index and a high 22.85 months of inventory, signaling a sluggish market. New construction in Marble Falls, with 33 active listings, 11 pending sales, and 15 sold homes, performs better with a 25.0% activity index and 6.60 months of inventory.Lago Vista and Spicewood reflect slower markets. Lago Vista’s new construction, with 63 active listings, 13 pending sales, and 14 sold homes, has a 17.1% activity index and 13.50 months of inventory. Resale homes, with 191 active listings, 34 pending sales, and 37 sold homes, show a 15.1% activity index and 15.49 months of inventory. Spicewood’s resale market, with 217 active listings, 21 pending sales, and 39 sold homes, has an 8.8% activity index and 16.69 months of inventory, while new construction, with 37 active listings, 7 pending sales, and 11 sold homes, has a 15.9% activity index and 10.09 months of inventory.How This Data Helps Sellers Compete with New ConstructionFor sellers of resale homes in the Austin area, this data is a powerful tool to navigate competition from new construction, especially in cities where new homes dominate. In places like Buda, Del Valle, and Hutto, the new construction market appears “healthy” with high activity indices (45.3%, 46.6%, and 41.9%, respectively) and low months of inventory (2.97, 2.27, and 2.57 months). Meanwhile, resale markets in these cities show higher inventory (7.52, 8.37, and 5.45 months) and lower activity indices (24.1%, 17.2%, and 23.4%), suggesting resale homes face stiffer competition. Sellers can use this data creatively to stand out.One out-of-the-box approach is to leverage the data to highlight unique neighborhood features. In Buda, where new construction inventory is low, resale sellers can emphasize established community amenities—like mature trees, local schools, or proximity to downtown—that new developments may lack. By marketing their home as a “move-in ready classic” with upgrades mimicking new builds (e.g., fresh paint or modern fixtures), sellers can appeal to buyers drawn to new construction’s polish but deterred by limited availability.Another strategy is to use the activity index to time the market. In Del Valle, the 46.6% activity index for new construction versus 17.2% for resales suggests builders are capturing buyers. Resale sellers could analyze pending sales data to identify peak buyer activity periods and list their home when new construction pending sales dip, reducing competition. Hosting virtual tours with interactive neighborhood maps could further differentiate their property, showcasing lifestyle benefits over new homes’ generic appeal.Sellers in high-inventory resale markets like Marble Falls (22.85 months) can use the data to pivot creatively. With new construction at a 25.0% activity index versus 11.6% for resales, sellers might collaborate with local businesses to offer buyer incentives, such as a year of free landscaping or gym memberships, to mimic the perks builders provide. Highlighting energy-efficient retrofits, like solar panels or smart thermostats, can also position a resale home as a sustainable alternative to new builds.In Austin, where resale inventory (6.13 months) is slightly lower than new construction (7.35 months), sellers can capitalize on the city’s vibrant culture. By creating immersive listing content—like videos showcasing nearby music venues or food trucks—sellers can appeal to buyers seeking an authentic Austin experience that new developments may not offer. Partnering with local influencers to promote the home on social media could further boost visibility in a competitive market.This dataset empowers resale sellers to think strategically. By identifying cities where new construction overshadows resales, sellers can tailor their approach—whether through unique marketing, strategic timing, or creative incentives—to compete effectively. The Austin area’s 2025 housing market, as captured by Team Price Real Estate, provides a roadmap for sellers to navigate and thrive.FAQ SectionWhat is the difference between new construction and resale homes in the Austin area?New construction homes are newly built, often featuring modern designs and warranties, while resale homes are previously owned and may offer established neighborhood charm. In 2025, Austin area data shows new construction often has higher activity indices, like 46.6% in Del Valle, and lower inventory, like 2.27 months, compared to resales at 17.2% and 8.37 months in the same city.How is the real estate activity index calculated?The activity index is pending sales divided by the sum of active and pending listings, expressed as a percentage. For example, in Pflugerville’s new construction market, with 53 pending and 65 active listings, the activity index is 53 / (53 + 65) = 44.9%. This shows the proportion of homes under contract.What does months of inventory mean for Austin area home sellers?Months of inventory estimates how long it would take to sell all active listings at the current sales rate. In Hutto, new construction’s 2.57 months of inventory versus resales’ 5.45 months suggests new homes sell faster. Sellers can use this to time listings or highlight unique features to compete. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250417084007.png" alt="" width="" height="" style=""></figure></div>​ <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250417084027.png" alt="" width="" height="" style=""></figure></div>​

Discover the 2025 Austin area housing market with detailed data comparing new construction and resale homes. Explore activity indices, inventory levels, and trends in Austin, Buda, Pflugerville, and more to make informed real estate decisions.

New Construction vs. Resale Homes: 2025 Austin Area Housing Market Insights

When Will the Housing Market Reach a Buyer’s Market? A Data-Driven Forecast for 2026–2027In April 2025, the residential housing market stands at a pivotal moment, with months of inventory (MOI) reaching 5.6 months, the highest level since October 2011, when it was also 5.6 months. This figure, drawn from a comprehensive dataset spanning 2005 to April 2025, signals a neutral market, where the balance between buyers and sellers is shifting. With 15,484 active residential listings, the market is cooling from the intense seller’s market of 2020–2021, when MOI dropped to a low of 0.6 months in March 2021. A key question for homebuyers and sellers alike is: when will the market tip into a buyer’s market, defined as an MOI exceeding 7 months? By analyzing historical trends and recent increases in inventory, this article forecasts when this shift might occur, providing a clear, data-driven perspective.The dataset reveals distinct market phases from 2005 to 2025. Between 2005 and 2007, MOI ranged from 3.4 to 5.2 months, indicating a seller’s market where homes sold quickly. The financial crisis of 2008–2010 pushed MOI to a peak of 8.7 months in July 2010, creating a strong buyer’s market with ample inventory. For example, April 2010 saw an MOI of 8.0 months, reflecting sluggish demand. By 2011, the market began recovering, with April 2011 at 6.5 months and October 2011 at 5.6 months. From 2012 to 2019, MOI stabilized between 2.2 and 4.7 months, favoring sellers or maintaining neutrality. The pandemic years of 2020–2021 marked an extreme seller’s market, with April 2020 at 2.3 months and April 2021 at just 0.8 months, as demand surged and inventory plummeted.Since 2022, the market has steadily cooled, with MOI climbing each year. In April 2022, MOI was 1.5 months, but by April 2023, it rose to 3.9 months, followed by 4.8 months in April 2024, and now 5.6 months in April 2025. This upward trend reflects increasing inventory or declining demand, possibly influenced by higher interest rates or economic uncertainty. To forecast when MOI will cross the 7-month threshold for a buyer’s market, the rate of increase in April MOI from 2022 to 2025 provides critical insight. From April 2022 to April 2023, MOI increased by 2.4 months, from April 2023 to April 2024 by 0.9 months, and from April 2024 to April 2025 by 0.8 months. The average year-over-year increase over these three years is 1.37 months, suggesting a rapid shift toward a buyer-friendly market.However, the rate of increase has slowed in recent years, offering a more nuanced forecast. Taking the average increase from 2023 to 2025 (0.9 and 0.8 months), the rate drops to 0.85 months per year. Examining monthly data from 2024 to 2025, the year-over-year increases for January (0.9 months), February (1.0 months), March (1.1 months), and April (0.8 months) yield an average of 0.95 months per year. These figures allow for multiple forecasting scenarios. Using the broader 2022–2025 average of 1.37 months per year, starting from 5.6 months in April 2025, MOI would reach 7 months in approximately 1.02 years, or around May 2026. With the more recent 0.85-month-per-year rate, it would take 1.65 years, pointing to November 2026. The 0.95-month-per-year rate, balancing recent trends, suggests 1.47 years, or September 2026.Seasonal patterns in the data add another layer to the forecast. MOI often peaks in mid-year months like May through August and dips toward year-end. In 2024, MOI peaked at 5.5 months in June and July before falling to 4.2 months in December. Similarly, in 2010, MOI hit 8.7 months in July but dropped to 6.2 months by December. If this pattern holds, MOI may cross 7 months during a mid-year peak. Using the 0.95-month-per-year rate, by June 2026 (1.17 years from April 2025), MOI would reach approximately 6.71 months, still in the neutral zone. By June 2027 (2.17 years), it would climb to 7.66 months, firmly in buyer’s market territory. This suggests a mid-2027 buyer’s market is likely if seasonal trends persist.An alternative approach uses a monthly linear regression from January 2022, when MOI was 1.0 month, to April 2025, when it reached 5.6 months. Over these 39 months, MOI increased by 4.6 months, or about 0.118 months per month. Starting from 5.6 months in April 2025, it would take approximately 11.86 months, or until April 2026, to reach 7 months. This monthly model aligns closely with the optimistic May 2026 forecast but assumes a steady increase without seasonal fluctuations. Combining these projections, the most likely window for reaching a buyer’s market is mid-2026 to mid-2027, with June 2026 as a balanced estimate, considering recent rates and seasonal peaks.The dataset, last revised on April 17, 2025, underscores a market in transition. The 15,484 active listings in April 2025 reflect a growing supply, which could accelerate the shift to a buyer’s market if demand remains soft. Historical highs, like the 8.7 months in July 2010 or 8.0 months in April 2010, show that buyer’s markets have occurred during economic downturns, while the low of 0.6 months in March 2021 highlights the volatility of recent years. The steady rise from 1.5 months in April 2022 to 5.6 months in April 2025 indicates a clear trajectory, but external factors like interest rates or economic conditions could alter the pace.In summary, the housing market is poised for a potential shift to a buyer’s market between mid-2026 and mid-2027, with June 2026 as a plausible target based on a 0.95-month-per-year increase and seasonal trends. Whether using the broader 1.37-month-per-year rate pointing to May 2026, the conservative 0.85-month-per-year rate indicating November 2026, or the monthly regression suggesting April 2026, the data consistently points to a buyer-friendly market within the next one to two years. As inventory continues to grow, homebuyers may soon find more options and negotiating power, while sellers may face longer selling times, marking a significant change from the seller-driven market of recent years.FAQ SectionWhat is a buyer’s market in real estate?A buyer’s market occurs when the months of inventory (MOI) exceeds 7 months, meaning it would take more than 210 days to sell all active listings at the current sales pace. In the provided data, April 2025 has an MOI of 5.6 months, indicating a neutral market, but historical peaks like 8.7 months in July 2010 show what a buyer’s market looks like, with more homes available and greater negotiating power for buyers.How is months of inventory calculated?Months of inventory is calculated by dividing the number of active listings by the average monthly sales rate. For example, in April 2025, with 15,484 active listings and an MOI of 5.6 months, it would take 5.6 months to sell all listings if no new homes were added. The data shows MOI fluctuating from 0.6 months in March 2021 to 8.7 months in July 2010, reflecting changes in supply and demand.When was the last buyer’s market according to the data?The last buyer’s market, with an MOI above 7 months, occurred in 2010. The data shows peaks of 8.0 months in April 2010, 8.6 months in June 2010, and 8.7 months in July 2010. Since then, MOI has generally stayed below 7 months, with April 2025 at 5.6 months being the highest since October 2011’s 5.6 months. <div class="se-component se-image-container __se__float-none"><figure><img src="https://closehack-backblaze.s3.us-west-004.backblazeb2.com/agent_richtext/20250417085852.png" alt="" width="" height="" style=""></figure></div>

Discover when the housing market will shift to a buyer’s market (>7 months of inventory) with a data-driven forecast for 2026–2027. Using 2005–2025 inventory trends, this article predicts June 2026 as a key turning point, with insights into past market cycles and current 5.6-month inventory levels.

When Will the Housing Market Become a Buyer’s Market? Forecast for 2026–2027

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August 31 2023

The August 2023 Austin real estate market update shows more housing inventory and lower sold prices compared to last year. Get the latest stats on inventory, pricing, sales trends, and more

Austin Real Estate Market Update: August 31, 2023 Insights

Volume 19; Number 35

Austin Area Residential Sales Insights

Latest Articles

2025 Real Estate Listings Hit Record High: January–April Data Breakdown

Austin 78721 Zip Code: Why the $300K-$400K Housing Market Has 51 Months of Inventory

April 2025 Austin Housing Market Update: Rising Inventory and Market Shifts

Austin Housing Market to Hit Record High Active Listings by April 2025

New Construction vs. Resale Homes: 2025 Austin Area Housing Market Insights

When Will the Housing Market Become a Buyer’s Market? Forecast for 2026–2027

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