Central Texas Housing Report - 2025 Year End Wrap Up | Austin Texas Real Estate скачать в хорошем качестве

Central Texas Housing Report - 2025 Year End Wrap Up | Austin Texas Real Estate

Greetings! I'm Craig Smyser. Welcome to the 2025 Year End edition of "How's the Market in Central Texas.” The stats I’m providing are resale homes only in Travis and Williamson Counties. More about the stats at the end. In 2025, 16,937 resale homes closed in Travis & Williamson Counties which was up 1.1% from 2024. The median price of a resale home remained flat at $475,000, the average price increased 1.2%. to $628,770, and the average price per square foot decreased 2.7% to $285. In real estate, the bellwether measurement for home prices is the median price so when we talk about the price of homes in Central Texas for 2025, we’ll say that the prices were unchanged from 2024. I mentioned that the number of sales was up about 1% compared to 2024. Comparing to 2023, it was almost the exact same number. But to put some things in context, we sold 23,967 back in 2019 – almost 40% more. If we look at the number of homes listed for sale in 2025, that was 29,739, an increase of 10.5% over 2024. Last year, the sale prices ranged from a low of $90,000 to a high of $13,950,000. The average sales price to list price ratio was 97.1% down from 97.5%. It’s also the lowest since 2011 when we hit 96.8%. For homes that closed in 2025, the average days on market was 75, up from 65 last year. Overall, 2025 was not very different than prior years. Yes, we sold a few more homes, but the market has been driven by affordability and interest rates which has been the story since 2022. Most experts are calling for interest rates on a 30-year fixed rate to spend much of the year in the low- to mid-6s. We’ll see how it pans out. Ultimately, most people want to know if it’s a good time to buy or sell. But my answer to this is always the same and has been since I started selling real estate in 1999. It depends upon your situation. Some people should buy now and some should sell now. Others need to wait a while. I’m happy to visit with you about your personal situation. If you have any real estate related questions, please don’t hesitate to call or text me at 512-650-7300 or email me at Craig@RealEstateInAustin.com. Thanks for watching “How’s The Market in Central Texas.” The stats I’ve cited are resale homes only in Travis and Williamson County classified as single family residential, condominium, or townhouse. This is different than the stats released by the Austin Board of Realtors which include all types of homes and also include Hays, Bastrop, and Caldwell Counties. Plus, their numbers include any new construction homes listed in the MLS. Craig Smyser, 1835 Realty 512-650-7300 http://www.RealEstateInAustin.com