Austin Daily Real Estate Briefing – Tuesday, May 6, 2025
Welcome to your Austin Daily Real Estate Briefing for Tuesday, May 6, 2025. Inventory holds at 16,261 active listings, while the New Listing to Pending Ratio sits at 0.36. Median price is down 18.2% from 2022 peak. This is your go-to source for real-time insights into the Austin housing market—updated daily and powered by data compiled from over 2,000 pages of market research. Whether you're a buyer, seller, investor, or agent, this briefing gives you a concise, accurate pulse of where the market stands today.
The embedded PDF on this page consolidates the latest trends, including median prices, absorption rates, inventory shifts, and city-by-city changes in buyer activity. Every chart, figure, and metric is carefully extracted from our extensive database, built from detailed reports available at teamprice.com/insight-and-statistics. Bookmark this page and make it part of your daily routine—visit every morning to stay informed and ahead of the market.
Austin Buyers Gain Ground as Listings Climb and Demand Softens
As of Tuesday May 6, 2025, the Austin-area real estate market remains near its highest inventory levels of the year, with 16,261 active residential listings—just under the record of 16,320 set on Monday May 5. Austin proper leads all cities with 5,196 active listings, followed by Leander, Pflugerville, and Georgetown. Nearly 49.1% of listings have experienced price reductions, reflecting softening seller confidence, while only 2.7% show price increases.
Buyer demand remains muted, with the Activity Index—which compares pending to total inventory—now at 23.1%, down 15.5% year-over-year. The New Listing to Pending Ratio stands at just 0.36, well below the balanced-market benchmark of 1.0. For every 100 new listings, only 36 are going under contract.
Pending sales have dropped to 4,879, and the cumulative gap between new listings and pendings has expanded to nearly 4,880 units. This imbalance has pushed Months of Inventory up to 5.8 months, a 25.7% year-over-year increase. Many cities, including Driftwood, Dale, and Marble Falls, now exceed 11 months of inventory, firmly in buyer’s market territory.
The long-term price trend also shows clear signs of correction: the median sold price has declined 18.2% since May 2022—from $550,000 to $449,900—signaling a full reversal in appreciation gains. Adjusted for population and agent count, sales activity remains historically low, reinforcing the breadth of the market slowdown.
FAQs
What does a New Listing to Pending Ratio of 0.36 mean?
This indicates that only 36 out of every 100 new listings are going under contract—signaling weak buyer demand.
Is Austin currently in a buyer’s market?
The rising inventory, low pending sales, and 5.8 months of inventory place most Austin-area cities firmly in buyer's market territory.
How have home prices changed since 2022?
The median sold price is down 18.2% compared to May 2022, reflecting a significant long-term correction.
Which cities show the most buyer activity?
Kyle (34.2%), Buda (33.1%), and Hutto (32.8%) lead in absorption rates, though all are declining compared to last year.
Are sellers still pricing aggressively?
No. Nearly half of all listings have been reduced in price, showing that sellers are responding to a less competitive buyer pool.
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