June Market Update: What’s Happening in Austin Real Estate   

As we head into the second half of the year, Austin’s real estate market continues to show signs of movement and opportunity. Recent data points to a rise in home sales and growing inventory, especially in new construction. While median prices have edged slightly lower compared to last year, overall market activity is picking up—and that's good news for both buyers and sellers.

If you're wondering what all of this means for your next move, here's a closer look.

More Homes, More Choices—Especially in New Construction

Inventory levels are climbing, creating more options for buyers. This is especially true for new construction, where supply is now at its highest level in nearly five years. Builders are offering a wider range of homes, and in some cases, more favorable terms or incentives. For those considering a move into a brand-new home, now could be a great time to explore the market.

What the Numbers Tell Us

Here’s a breakdown of the Austin area’s key market stats for June 2025:

• Median Sale Price: $430,000
  This marks a 1.8% decrease from June 2024. While it’s a modest drop, it reflects the slight price adjustments we’ve seen throughout the year as buyers remain more price-sensitive.
  
  
• Homes Sold: 3,248
  Sales are up 2.3% year-over-year—a positive sign that buyers are still active, even with shifting conditions. Increased inventory and stabilized prices may be helping more buyers make a move.
  
  
• Average Days on Market: 59
  That’s a 7-day increase from last year, meaning homes are taking a little longer to sell. This gives buyers more time to make decisions, but well-prepared and appropriately priced homes are still moving.
  
  
• New Listings: 5,394
  New listings are up 4.5% from June 2024. This boost in inventory gives buyers more choice and introduces more competition for sellers—making pricing and presentation increasingly important.
  
  
• Sales Volume: $1.85B
  That’s a 4.2% increase compared to the same time last year. Even with a slight dip in median pricing, more transactions helped push overall volume up.
  
  
• Close-to-List Price: 93.88%
  This is down 1% from last year, suggesting that buyers are negotiating a bit more. Sellers who price strategically from the start are still seeing strong offers.

The increase in sales and new listings suggests strong buyer interest paired with more inventory coming to market. Homes are taking slightly longer to sell, and price adjustments are playing a role in keeping deals moving.

So… Is Now a Good Time to Buy or Sell?

The truth is, there's no one-size-fits-all answer. The best timing depends on your personal goals, life stage, and financial outlook. Real estate tends to appreciate over time, and trying to time the market perfectly can be tricky. It’s more important to focus on what fits your needs and to work with someone who can guide you with accurate, local insight.

Let’s Talk About Your Plans

Real estate headlines can feel overwhelming—but they don’t always reflect what’s happening in our specific neighborhoods. If you’re considering a move or just want to explore your options, we’re here to help you make sense of the market and create a plan that works for you and your family.

📧 Email me at gene@genearant.com

📞 Or call us at 512-261-1000

CHANGING LIVES THROUGH REAL ESTATE