January 2025 Austin Market Report

Here’s What You Need to Know

Sellers entered the new year with enthusiasm, as new listings surged over 22% compared to last January, reaching 938. Buyer activity in Austin, however, remained steady, with approximately 593 new contracts written—a slight change of less than 2% from the previous year. Home prices saw minimal fluctuation, with the median sales price rising by about 2.2% year-over-year to $569,500.

Homes on Deck in January 

Available inventory was up almost 10% from last year, with 2,199 active listings in January. New-to-market listings surged, with 938-- up over 22% year-over-year.

4.9 Months of Inventory

An increase in new inventory and a slight decrease in sold homes brought supply up to almost 5 months' worth-- nearly 1 month's worth more than January of last year.

Sales Pulse

Closed sales were down around 10% from the previous year at 404, and new contracts were down just under 2% at 593.

Price Tag Trends

Median Sales Price: up 2.2% at $569,500

New Contracts Written: down 1.7% at 593

Median List Price U/C = $634,745

Average List Price U/C = $792,778

Median List Price = $599,000

Average List Price = $823,116

Buyer and Seller Clues

Homes took an average of 77 days to sell, down 9 days from January 2025. 

The Average Sold Price to Original List Price Ratio is a steady 91.7%. Up 2% from last year.

All in all, we’re still in a balanced spot. Sellers seem to have confidence, and buyer activity is staying consistent.

See the full 2025 Austin Market Report here