April 2025 Austin Market Report

 Here’s What You Need to Know

New listings for single-family homes in the City of Austin continue to surge. In April, we added 1,764 new listings, a 12.9% increase from the previous year and a 3-year high.

Buyer demand also surged. New contracts were up 10% from the previous year at 1,178, marking another 3-year high.

The median closed price remains steady, up almost 1% from the previous year at $629,500.

The average days on market was 43, down 2 days from the previous year and a significant drop from March, indicating a surge in new buyer activity at the peak of the Spring market.

Homes on Deck in April 

There were 3,590 active single-family listings in April for the City of Austin. This is over 20% more available inventory than the same time last year.

5 Months of Inventory

The City of Austin currently has approximately 4.96 months of inventory, suggesting a balanced supply and demand, though it slightly favors buyers.

Sales Pulse

The average days on market decreased from the previous month to 43 days. This marks a slight decrease of 2 days compared to the previous year.

Price Tag Trends

Median Sales Price: $629,500

New Contracts Written: 1,178

Median List Price U/C = $615,000

Average List Price U/C = $778,067

Median List Price = $647,000

Average List Price = $820,302

Buyer and Seller Clues

Homes sold in an average of 43 days, marking a 2-day decrease compared to the same period last year and a significant 21-day decrease from the previous month. 

Home prices are closing at around 95.58% of the original list price, with 48% of the inventory experiencing price reductions.