August 2025 Austin Real Estate Market Stats: Cautious Optimism Ahead
- Jen Berbas
- 6 hours ago
- 3 min read
August real estate stats for the Austin Metro are in! Here's what you need to know.
Happy September! While our housing market has been in a holding pattern for quite some time, August brought several encouraging signals that have us feeling cautiously optimistic about what lies ahead. Mortgage rates have stabilized to be a little over 6% and pending sales showed some life in August. Also, for the first time in over three years, job postings in the Austin area are posting positive year-over-year gains. While seasonality always plays a role in September, the broader indicators show that there are potentially good things to come.
Key Highlights
Prices have been flat for nearly two years, showing remarkable stability in the market
Pending units ticked up, but the response to lower mortgage rates has been modest so far
Active listings are up more than 14% year-over-year, giving buyers more options
Indeed.com shows three straight months of positive job posting growth, a major shift from recent years
Mortgage rates have settled into the low 6s, the lowest levels since early 2024
Average and Median Pricing
Prices remain virtually unchanged on a two-year horizon. The average sold price in August was $583,922, up just 2.5% year-over-year, while the median sold price inched up 1.3% to $441,461. This continues a 24-month trend of pricing stability, with neither significant appreciation nor decline. See charts below for both 12- and 24-month views:
Pending Units
Pending contracts in August came in slightly higher than last year, up 3.1%. While this is a positive trend, the response to lower mortgage rates has been more muted than expected. Many analysts believe that more pent-up demand could come off the sidelines if rates remain stable or drift lower this fall.
New Listings and Inventory
New listings rose 2.3% year-over-year in August, and active inventory jumped by more than 14%. Months of inventory now sits at 5.3, up from 4.5 last year. Buyers are benefiting from more choice, but sellers are facing a more competitive market environment.
Broader Economic Indicators
Two key trends are worth watching closely:
Mortgage Rates: Now in the low 6s, down nearly a full percentage point from early 2025. Lower borrowing costs are supportive of demand if they hold or move lower.
Job Market: For the first time in more than three years, Austin’s job postings are showing positive year-over-year growth. The last three months have all been positive, with July’s growth surpassing 20%. This could mark the beginning of a recovery.
If You’re a Buyer
The increase in active listings and steady prices make this a favorable environment for careful buyers. With mortgage rates stabilizing, you may be able to secure both a home you love and a manageable payment. Patience and preparation are key right now.
If You’re a Seller
Competition is rising with more homes on the market, so presentation and pricing strategy are critical. The good news is that prices remain stable, and motivated buyers are active in the market.
Our goal as your trusted real estate advisors is to provide you with the information you need to help you reach your investment goals.
As always, real estate is hyperlocal and extremely situational, so please reach out to us to discuss your specific situation. We’d love to help you and strategize what’s in your best interest.
Cheers!
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