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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As we wrap up the first half of 2025, Travis County’s residential real estate market continues to shift under the weight of interest rate changes, affordability pressures, and inventory fluctuations. We analyzed data for May from the past three years to track how key metrics have evolved and what trends are emerging across the market.
Year-over-Year Market Comparison – May 2025 vs May 2024 and May 2023 MetricMay 2023May 2024May 2025% Change 2024–2025% Change 2023–2025Median Sale Price$537,000$555,000$525,000-5.4%-2.2%Closed Sales1,6331,3081,328+1.5%-18.7%Sales Volume (B$)1.190.9650.971+0.6%-18.4%Months of Inventory3.65.65.8+3.6%+61.1%New Listings2,2562,6112,780+6.5%+23.2%
The May 2025 data paints a picture of a softening market in terms of price, while sales volume and transaction count have stabilized compared to last year. Inventory is building up — now at 5.8 months — signaling increased buyer leverage.
Median Sale Price Trend: Plateauing After Pandemic Spike
Travis County’s median sale price hit a peak of $659,000 in May 2022 and has generally trended
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As of April 2025, the Travis County residential real estate market, according to Austin ABOR MLS data, continues to evolve against the backdrop of rising inventory and stabilizing prices. Here’s a breakdown of recent trends and how they compare year-over-year and over the past three years.
1. Year-over-Year Comparison (April)
Let’s examine April over the past three years:
YearMedian Sale PriceClosed SalesSales Dollar Volume (B)Months of InventoryNew ListingsActive Listings2023$537,5001,167$0.839B3.32,0473,9752024$540,1851,260$0.943B4.82,5855,5072025$520,0001,142$0.815B6.02,9236,791
Insights:
Price: The median sale price dropped slightly in 2025 (−3.8% from 2024), suggesting a mild softening of the market. Sales Activity: Closed sales were down from last year, and dollar volume followed suit, indicating a pullback in buyer demand. Inventory: A significant rise in months of inventory (up to 6.0) shows a transition toward a buyer’s market. Supply: New and active listings have grown, signaling more seller participation and longer time on the market. 2. Median Sale Price Trend
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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 Travis Couty real estate 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
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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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