Austin Metro February 2025 Real Estate Statistics
- Jen Berbas
- Feb 1
- 3 min read
February real estate stats for the Austin Metro are in! Here's what you need to know.
As we step into spring, the Austin real estate market remains steady, though both buyers and sellers are still navigating a landscape of challenges and opportunities.
February brought continued stabilization in the Austin market, though demand remains sluggish. While pricing remains steady, higher interest rates have kept some buyers on the sidelines. Let's dive into the numbers and what they mean for you.
Key Highlights
Total Sales fell 15.9% year over year, with Pending Sales also down 12.4%—indicating continued demand challenges.
New Listings were nearly flat year over year, decreasing by just 1.8%, while Active Listings increased 13.7%, providing buyers with more options.
Average Sold Price increased 2.5% to $566K, while Median Sold Price declined 2.7% to $428K, showing stability in the market.
Months of Inventory rose to 5.1 months, up 15.9%, shifting the market further into balanced-to-buyer-friendly territory.
Average Days on Market jumped 46.3% to 98 days, meaning homes are taking longer to sell.
Pricing Trends: A Continued Pattern of Stability
Over the past 18 months, Austin's home prices have remained remarkably stable. February saw a 2.5% increase in the average sold price but a 2.7% decline in the median sold price. These modest shifts suggest that the market isn't experiencing major swings in either direction.
Market Demand: Pending Sales & New Listings
Pending sales followed seasonal trends, increasing slightly from January but remaining lower than last year. New listings have also stayed relatively consistent, meaning we're not seeing a flood of inventory. While buyers have more options, competition isn't as fierce as in previous years.
Broader Economic Factors: Mortgage Rates & Consumer Confidence
Mortgage rates fluctuated in early 2025, rising above 7% in January and February before recently dropping to 6.7%. If this decline continues, we could see more buyers re-enter the market. However, consumer confidence has taken a hit, likely due to economic uncertainty and recent headlines. This could act as a counterbalance to improving mortgage rates.
Austin Job Market: A Lingering Hiring Freeze
The job market remains a key factor in Austin's real estate trends. The tech sector's hiring freeze has continued for over two years, with no major signs of recovery yet. Until hiring picks up, we may see demand for housing remain muted.
If You’re a Buyer
There’s more inventory on the market, meaning you have plenty of options. However, competition tends to heat up in the spring, so if you’re looking for less competition, now might be a good time to act. Mortgage rates have dipped slightly—if this trend continues, you may be able to lock in a better deal.
If You’re a Seller
Spring is typically the best time to list, but pricing strategically is key. With 98 days on market being the new normal, sellers need to prepare their homes well and be realistic about pricing. While demand isn't skyrocketing, well-presented homes in desirable areas are still selling.
Final Thoughts
Real estate is hyperlocal and hyper-situational. If you’re considering buying, selling, or just want to discuss market trends, we’d love to strategize with you. Reach out to us anytime to chat about your situation!
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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