 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 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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