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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