Central Texas Current Housing Market June 2025
Navigating the Central Texas Real Estate Market: Insights from Allen Deaver of Asset Realty
As we move into June 2025, the Central Texas residential real estate market presents a dynamic landscape shaped by evolving inventory levels, pricing trends, and shifting buyer behaviors. Drawing from the latest data, here's an in-depth look at the current state of the market.
📊 Market Overview: A Shift Toward Balance
The Central Texas housing market is exhibiting signs of stabilization. In May 2025, the Austin-Round Rock-Georgetown Metropolitan Statistical Area (MSA) experienced a 16.3% year-over-year increase in new home listings, totaling 5,243. Active listings surged by 37.7% compared to May 2024, reaching 12,211 homes on the market. This uptick in inventory has extended the months of inventory to 4.9, up from 3.4 months a year prior, indicating a shift toward a more balanced market. (billmorrisrealtor.blog, unlockmls.com)
Despite the increased supply, the median home price in the MSA saw a modest 0.4% decrease year-over-year, settling at $450,000. The average close-to-list price ratio improved to 95.5%, up from 94.2% in May 2024, suggesting that sellers are pricing homes more in line with market expectations. (barbaravandyke.com, unlockmls.com)
🏡 Regional Highlights
City of Austin: The city witnessed a 2.4% increase in residential homes sold, totaling 1,038 transactions in May 2025. The median home price rose by 11.6% year-over-year to $608,438. New listings surged by 40.3%, and active listings nearly doubled, up 85.3% from the previous year, indicating robust market activity. (unlockmls.com)
Travis County: Home sales declined by 18.8% compared to May 2024, with 1,308 homes sold. However, the median price increased by 4.7% to $555,000. Active listings grew by 46.9%, reflecting a significant rise in available inventory. (unlockmls.com)
Williamson County: The county experienced an 11.3% drop in home sales, totaling 1,000 transactions. The median home price slightly decreased by 0.5% to $435,000. Active listings increased by 34.8%, suggesting more options for prospective buyers. (unlockmls.com, mysanantonio.com)
Hays County: Contrary to the broader trend, Hays County saw a 2.4% increase in home sales, with 466 homes sold. The median price dipped by 2.5% to $389,850. Active listings rose by 27.2%, indicating growing inventory. (unlockmls.com)
🏘️ Rental Market Trends
The rental market in Austin has experienced a notable decline in median asking rents, dropping nearly 9% between May 2024 and May 2025 to $1,385—the lowest since February 2021. This decrease is attributed to a significant increase in multifamily housing permits, with Austin leading the nation at 64.5 units per 10,000 people. The influx of new rental units has provided more options for renters, contributing to the downward pressure on rents. (mysanantonio.com)
🔍 Insights for Buyers and Sellers
For Buyers: The increased inventory across Central Texas offers more choices and potentially more negotiating power. However, with median prices remaining relatively stable or increasing in some areas, it's essential to act decisively when the right opportunity arises.
For Sellers: While the market is becoming more balanced, homes priced appropriately are still selling efficiently. Ensuring your property is competitively priced and well-presented is key to attracting serious buyers in this evolving landscape.
📞 Connect with Allen Deaver at Asset Realty
Navigating the Central Texas real estate market requires expertise and up-to-date knowledge. Whether you're considering buying, selling, or investing, I'm here to provide personalized guidance tailored to your unique needs. Let's work together to achieve your real estate goals in this dynamic market.
