Here are the July/2025 MLS single-family statistics for the Austin, TX metro area:
July presented us with some interesting data when comparing it to the rest of this year and Pendings stood out with a solid green 10% improvement over last July. Pending listings (homes for sale that are under contract but haven’t closed yet) represent a future-looking market. Couple that with our best Activity Index of the year—also a category that shows movement in home purchases—and Average prices holding steady (still up YTD) and you see that July was a decent month, overall.
To show you the volatility that the month of July usually brings to our market, check out the numbers for our last 3 Julys, below. Once Jerome Powell and the Federal Reserve decided to raise our prime lending rate at the fastest clip in modern history beginning in Feb/2022, it tanked our red-hot Covid market that began 2 years prior in June/2020. So, things have been dicey for home sales across our Austin metro area and the nation as a whole. The best thing that can happen for home sales now is for the Fed to beginning dropping interest rates in September and continue a steady decline. While the prime lending rate doesn’t directly affect home mortgage rates, it does have a trickle-down effect over time.
(512) 853-0110 or robert@AustinTxHomeSales.com
