Austin Real Estate Weekly Market Update - April 03, 2025

by: Dan Price, Broker at Team Price Real Estate
Austin's leading data analysis brokerage, where data drives exceptional service
Published on: Thursday, April 03, 2025 at 2:41 pm

Austin’s Real Estate Market: At Team Price Real Estate, we’re your trusted guides through the dynamic Austin real estate landscape, empowering you with clarity and confidence. Our weekly reports bring you the freshest, most precise data and trends from the Austin market, distilled into sharp, actionable insights customized to your ambitions. With our finger on the pulse of daily shifts, we deliver cutting-edge updates and resources to keep you ahead of the curve. Whether you’re purchasing your dream home, listing a property, or diving into an investment opportunity, our blend of local mastery and robust analytics equips you to make bold, informed moves in Austin’s ever-evolving market. 

Market Overview

The Austin-area MLS currently lists 14,242 active properties as of April 3, 2025, up 2.1% from 13,950 in 2024. Months of Inventory has increased to 5.37 months, a 27.1% rise from 4.22 months last year, indicating a slower sales pace in the Austin real estate market. In the City of Austin, active listings grew 1.3% to 4,300 from 4,244, with Months of Inventory climbing 5.0% to 5.31 months from 5.06 months. These figures highlight the evolving inventory trends across the Austin market in 2025.

Pricing Dynamics in Austin Real Estate

Pricing in the Austin-area MLS shows steady gains. The average active list price reached $593,261, a 3.5% increase from $573,022 in 2024. The average sold price rose 3.2% to $574,408 from $556,497. Median active list prices edged up 1.0% to $448,110 from $443,596, while median sold prices increased 0.9% to $434,990 from $431,070. In the City of Austin, the average active list price jumped 6.7% to $816,466 from $765,294, and the median active list price rose 7.0% to $615,000 from $575,000. The average sold price increased 5.9% to $787,956 from $743,884, with the median sold price up 6.2% to $600,000 from $564,990. These metrics reflect diverse pricing shifts in the 2025 Austin real estate market.

City and Regional Dynamics

Central Texas reveals mixed trends across 30 cities. Month-over-month, 18 cities (60%) recorded price increases, while 12 (40%) saw declines. Year-over-year, 14 cities (47%) gained value, and 15 (50%) lost ground, with 1 city unchanged. Across 75 zip codes, 52 (69%) posted month-over-month price gains, and 23 (31%) decreased. Year-over-year, 35 zip codes (47%) are up, and 40 (53%) are down. No cities or zip codes exceeded their 12-month peaks, with all 30 cities and 75 zip codes below their highs. These patterns provide a broader view of the Austin-area real estate landscape.

Central Texas Cities and Zip Code Analysis

In the 30 Central Texas cities tracked, 14 show year-over-year price increases, while 15 are down. Month-over-month, 18 cities rose, and 12 fell. No city hit a new 12-month peak. Among the 75 zip codes, 35 recorded year-over-year gains, and 40 declined. Month-over-month, 52 zip codes increased, and 23 decreased. Zero zip codes surpassed their 12-month highs, with all 75 remaining below peak values. This data sharpens the focus on performance trends in the Austin real estate market for 2025.

Sales vs. List Price Analysis

In the Austin real estate market this month, 64.51% of homes sold below list price, down from 66.36% last month. Approximately 22.29% sold at list price, up from 21.41%, and 13.20% sold above list price, rising from 12.23%. In March 2024, 15.29% sold above list price. The average sold-to-list price ratio is 97.39%, indicating a market where buyers retain slight negotiating power as of April 2025.

Peak Value Analysis: Austin-Area MLS

The Austin-area MLS remains below its 2022 peaks. The median list price dropped 7.4% from $539,900 in May 2022 to $499,900, a $40,000 decline. The average sold price fell 7.3% from $664,515 in May 2022 to $616,190, down $48,325. The median sold price decreased 13.2% from $538,000 to $467,000, a $71,000 drop. Price per square foot also declined, with the average down 16.7% from $324 in April 2022 to $270, and the median down 18.6% from $280 to $228. These reductions underscore a market adjusting from its earlier highs.

Peak Value Analysis: City of Austin

In the City of Austin, prices have eased from 2022 levels. The median list price peaked at $699,000 in April 2025, matching its current value. The average sold price dropped 5.1% from $847,583 in May 2022 to $804,327, a $43,256 decrease. The median sold price fell 11.8% from $680,000 in May 2022 to $600,000, down $80,000. Price per square foot declined, with the average down 20.1% from $442 in May 2022 to $353, and the median down 18.8% from $393 in April 2022 to $228. These figures show the City of Austin market stabilizing into 2025.