Here are the June/2025 MLS single-family statistics for Austin, TX: There was a glimmer of hope in June’s home sales stat numbers with 3 green categories–our 1st month since January that we had 3 of these positive-trending numbers. This is especially important when you compare June to the 1st half of 2025 (below). June numbers were better than it in 6 of the 8 categories. We’ll...
Legislators enacted a slew of bills aimed at curbing home prices and rents, which reached new peaks in recent years as the state gained hundreds of thousands of new residents and its economy boomed. As the state grew, so did its housing shortage, which housing advocates have blamed for the run-up in housing costs. State lawmakers sought to relieve that shortage with a broad collection of ideas, cutting...
Here are the May Single-family Home Sales Statistics for the Austin, TX metro: Our Austin metro single-family home market seems to be stuck in a rut this year with below average numbers for all 8 categories above except for one. Pendings went up 3.2% which is a positive sign since pending listings are a future-indicator of home sales…once a listing goes pending, it should close about 30-45...
There were 743,000 (SAAR) new single-family home sales nationwide in April. That’s a 10.9% increase from the revised March rate of 670,000. Sales of newly built homes are 3.3% above the April 2024 estimate, according to the U.S. Census Bureau. The median price of new houses sold was $407,200, down 2.0% from a year ago. Full article here: April 2025: Despite The Headwinds, New Home Sales Blow Past...
Below are the latest graphs of single-family home sales in the Austin metro spanning the last 5 years. I’ll make some comments above each one, starting with the Average Sales price. You can disregard 2021 since that was the last full year of the “Covid effect” on our local (and national) real estate markets. The first half of 2022 was greatly affected by the Federal Reserve’s...
The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...
Here are the April/2025 MLS single-family statistics for Austin, TX: No way to sugarcoat April’s home sales numbers as they were quite disappointing. Front-end actively like pendings, sales and Activity Index all trending in the negative direction. Home prices dropped, though by small percentages. The last 6 months have seen a lot of turbulence from the presidential election, tariffs,...
Buyers, sellers, investors — all have been affected by the shifting market, locally, nationally and globally. Although the numbers for what constitutes a “balanced” market vary somewhat by source, a 6- to 6 1/ 2-- month supply (meaning the time it would take to deplete the supply of available listings at the current sales pace) generally is considered a market in balance, with neither buyers...
Here are the March/2025 MLS single-family statistics for Austin, TX: The numbers for our Austin metro single-family home sales in March looked much like our February numbers and a retreat from our March/2024 numbers (below). This is not unexpected due to the changes our country is experiencing right now and the uneven stabilizing of our market after the rapid interest rate increases of 3...
The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...
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