George Wang
Broker/ Realtor®
Texas Fortune Realty
P O Box 160371
Austin, TX 78716
Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970
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The real estate market continues to evolve, and March 2025’s numbers offer a revealing snapshot of current trends. Let’s dive into a year-over-year comparison with March 2024 and March 2023, and examine important market indicators like median sales price, months of inventory, closed sales, and new listings to understand where the market stands — and where it might be headed.
1. Year-Over-Year Comparison: March 2025 vs March 2024 & 2023 MetricMarch 2023March 2024March 2025Median Sales Price$425,000$420,000$418,000Closed Sales973869818Sales Dollar Volume (Billion $)0.4730.4190.387Months of Inventory2.63.04.3New Listings124213981550Active Listings236625933432Average Days on Market827576
Key takeaways:
Prices: The median sales price has gradually dipped from $425K (2023) → $420K (2024) → $418K (2025). Sales Volume: Closed sales dropped each year, reflecting weakening buyer activity. Inventory: Months of inventory rose significantly, signaling a market shift toward buyers. Listings: New listings increased year-over-year, but with slower sales, total active listings have also surged. 2. Median Sales Price
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As we wrap up the first quarter of 2025, it’s time to zoom into March — a pivotal month in the real estate cycle — and take a deep dive into how the market has evolved over the past three years. Here’s a breakdown of what’s happening with median sale prices, inventory levels, closed sales, and more, and what it all means for buyers, sellers, and investors.
March Year-over-Year Comparison (2025 vs 2024 vs 2023) MetricMarch 2023March 2024March 2025YoY Change (2024– 2025)Median Sales Price$514,900$510,000$529,950▲ +3.9%Closed Sales1,2621,1901,117▼ -6.1%Sales Volume ($B)$0.851B$0.828B$0.807B▼ -2.5%Months of Inventory3.14.15.3▲ +1.2New Listings2,2502,3202,658▲ +14.6%Active Listings3,7754,6955,735▲ +22.1% Key Takeaways: Prices have rebounded after a dip in 2024, with a 3.9% increase YoY. Sales activity is cooling, with a consistent drop in closed sales over the last two years. Inventory continues to rise, reflecting a shift toward a more balanced or even buyer-favored market. Homes are selling slightly faster, possibly
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As the spring selling season kicks off, the March 2025 housing market data from the Abor MLS offers a clear picture of how the residential market is evolving across Central Texas. We’re diving into a detailed year-over-year comparison and several key metrics to understand what buyers, sellers, and investors should be aware of.
March 2025 Austin MSA Real Estate Market Statistics 1. Median Sale Price: Softening Slightly
The median sale price dipped ever so slightly from $450,000 in March 2024 to $446,000 in March 2025, continuing a gentle downward trend that started after the peak of the market in 2022 ($521,100 in March). Over two years, the price has dropped by about 14.4%. This signals a continued market correction following the rapid price growth during the pandemic years.
Austin Round Rock MSA Housing Median Price Trend
📌 Takeaway: Prices are stabilizing, giving buyers a bit more leverage.
2. Months
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The Williamson County real estate market has seen notable changes over the past few years. This analysis explores the latest trends by comparing data from January and February 2025 with the same months in previous years. Additionally, we examine key indicators, including median sale price, months of inventory, closed sales, and new listings, supported by detailed trend charts.
Year-Over-Year Comparison January 2025 vs. January 2024 & January 2023 Median Sales Price: Decreased to $400,000 in January 2025 from $429,000 in January 2024 and $437,500 in January 2023.Closed Sales: Increased to 623 in January 2025, compared to 607 in January 2024 but lower than 556 in January 2023.Months of Inventory: Increased significantly to 4.7 months in January 2025 from 2.6 in January 2024 and 2.5 in January 2023.New Listings: Increased to 1,114 in January 2025 compared to 992 in January 2024 and 892 in January 2023. February 2025 vs. February
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The Travis County real estate market has undergone significant shifts from a strong seller’s market in 2022 to a more balanced, inventory-heavy market in 2025. Buyers now have more choices and negotiating power, while sellers face increasing competition. The median price appears stable, but ongoing inventory growth and moderating closed sales suggest the market may remain cooler unless demand surges later in the year.
1. Year-over-Year Comparisons (Latest Month) The latest data available is from February 2025. Compared to February 2024 and February 2023:
Median Sales Price: $515,000 in Feb 2025 vs. $500,000 in Feb 2024 and $499,990 in Feb 2023. The price has rebounded after a slight dip in 2024 and is showing steady appreciation.Closed Sales: 852 in Feb 2025 vs. 953 in Feb 2024 and 938 in Feb 2023. Sales volume decreased slightly from last year, possibly reflecting buyer hesitancy due to higher inventory.Months of Inventory: 5.8
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The Austin residential real estate market has experienced significant shifts between 2022 and Feb 2025, reflecting broader economic forces, interest rate adjustments, and changing buyer behaviors. Below is a comprehensive analysis of key market metrics and emerging trends, based on data sourced from the ABOR MLS.
1. Year-over-Year Comparison (As of February 2025)
When comparing February 2025 to the same month in previous years:
Median Sale Price has decreased by 2.95% from 2024 and 1.47% from 2023, settling at $430,000.Number of closed Sales dropped by 13.45% compared to 2024 and 11.88% compared to 2023.Sales Dollar Volume also declined, showing an 11.76% decrease from 2024.Months of Inventory surged by nearly 90% compared to last year, indicating a market leaning heavily toward buyers.New Listings remained steady year-over-year but were still significantly higher than 2023 levels.Pending Sales showed a strong 27.6% increase over 2024, suggesting some resilience in buyer interest. 2. Median
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The decision to buy or rent a house depends on various factors, and there isn’t a one-size-fits-all answer. However, numbers won’t lie, in this blog, we will take a close look from the financial/number side, because building equity is one of most important aspects of house ownership, besides living quality, stability and security.
The spreadsheet I created is to determine the required annual appreciation in house value to offset the cost difference between buying and renting. In the provided example, the annual appreciation in house value must be 3.72% over the five-year ownership period to cover the additional expenses associated with purchasing and owning the house. The spreadsheet is based on assumptions of a $500,000 house price, a 6.25% interest rate on a 15-year fixed mortgage, a 20% downpayment, and approximately 2.25% property tax. These figures were typical for the Austin area at the time this blog was
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As a selective public magnet high school, Liberal Arts & Science Academy (LASA) is one of the best high schools in Austin area, it offers rigorous, interdisciplinary curriculum and hands-on learning opportunities. In this post, I will share the college placement data of LASA High School between 2021 and 2023. The table below summarizes the enrollment statistics.
Check out my other posts on central texas high schools.
Table One: Austin LASA High School College EnrollmentGraduation Year202320222021Total Graduates321295308Brown University003CalTech102Columbia University101Cornell University211Dartmouth University010Duke University001Harvard University311MIT113University of Pennsylvania101Princeton University101Rice University242Stanford University412Yale University101Berkeley302CMU221UT-Austin385241Texas A&M493142
While LASA is open to all Austin ISD residents, admission is competitive and contingent on application, academic record and test scores. LASA focuses on STEM fields and provides excellent opportunities to students. Every year, about 95% of LSAS graduates will enroll at 4 year institutions, and about 50% will attend Texas colleges. Many of the LASA’s top students went
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If you are looking for top high schools in Austin area, Westwood high school will be among the best. In this post, I will share the college placement of Westwood High School for the year 2002 and the year 2023 graduates. The table below summarizes the enrollment statistics.
Check out my other posts on central texas high schools.
Table one: Westwood High School College EnrollmentGraduation Year2023202220212020201920182017Total Graduates672634707644600641620Brown University0100001Columbia University0100001Cornell University2220300Dartmouth University2010320Duke University1123020Harvard University3021142MIT1351200University of Pennsylvania1111010Princeton University0101110Rice University54421311Stanford University0111212Tufts University0000110Yale University1110000Berkeley6334332CMU7142310UT-Austin7772891019211287Texas A&M79747348353335
In summary, about 93% of Westwood high school graduates will attend college, and more than 60% will spend their college life in the great state of Texas. Many of them will have the opportunity of going to top elite universities thanks to the excellent academic education from Westwood High School.
As a real estate agent with 10+ years of experience, almost all my buyers consider school district
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If you are looking for top high schools in Austin area, Westlake high school will be among the best. In this post, I will share the college placement of Westlake High School for the year of 2002 and the year of 2023 graduates. The table below summarizes the admission and enrollment statistics.
Check out my other posts on central texas high schools.
Westlake High School College Admission for 2022 and 20232022 (717 Graduates)2023 (695 Graduates)CollegeAppliedAdmittedAdmitted %AttendingAppliedAdmittedAdmitted %AttendingBrown University4112.44%15024.00%1Columbia University4000.00%05036.00%1Cornell University6134.92%250612.00%4Dartmouth University2600.00%03313.03%1Duke University5235.77%153611.32%4Harvard University40410.00%05511.82%1MIT34514.71%54312.33%1University of Pennsylvania5400.00%05946.78%3Princeton University3213.13%14224.76%2Rice University8866.82%4891112.36%6Stanford University5535.45%36722.99%2Yale University3625.56%15111.96%1UT-Austin35929782.73%8640727968.54%88Texas A&M29921371.24%5932721766.41%74
Some Key Points:
In 2023, there was an overall increase in the number of applications to most elite colleges, but the admission percentages varied.Some colleges, such as Columbia, Duke, and Princeton, saw a rise in their admission percentages from 2022 to 2023.More than 70% of applicants got admitted to the University of Texas at Austin or Texas
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