Eleven Oaks Realty is proud to present their April 2025 Austin Real Estate Price Report measuring activity in the single family home market.
The Austin Real Estate Market is a Seller’s Market – But Just Barely!
This month we had an interesting shift in the Austin real estate market. We moved to the tail end of a seller’s market from a stronger seller’s market last month. Typically we see buyers come out in larger numbers spring. However, this year, it seems buyers are sitting on the sidelines, causing an inventory increase. This month the Austin real estate market had 5.17 months of inventory on the market, up 16.97% in month over month comparisons. The average sold to list price was 97.9%, up 0.66% in month over month comparisons. The median time to sell a single family home in Austin was 24 days, down 29.41% in month over month comparisons. The median sold price for a single family home in Austin was $625,000, up 4.82% in month over month comparisons.
What does this mean for sellers? Though we are seeing some signs of a market slow down, we are still technically in a seller’s market which means if you present your home well and price it right, you’ll find a buyer. With fewer buyers in the market, you’re going to have to make your home stand out against the competition to be successful. But, with a median time to sell of 24 days, that’s telling me buyers were waiting for the spring listings and when they were listed, they were going for those first versus homes that have been on the market for a while. Get your home ready to sell before you list it and make it appealing to the buyers who are waiting for the right opportunity.
What does this mean for buyers? Buyers have more choices than they’ve had in previous spring markets. With fewer buyers in the market and more sellers, sellers are having to compete to get their homes sold. Though prices aren’t down from last year, they’re not significantly higher either. And, sellers are willing to negotiate more than they were last year, so buyers are able to get the dollars allocated where it most benefits them. This is one of the best spring markets for buyers we have seen in years. If you’re considering getting in the market, 2025 might just be the year to do it.
2.5% Increase in Median Sold Price
In April 2025, the median sold price of a single family home in Austin was $625,000 compared to $610,000 in April 2024 showing a 2.5% increase in year over year comparisons. Last month the median price was $596,250, showing a 4.8% increase in month over month comparisons. Despite nearing a balanced market, prices are still going up which should be a relief for sellers who are wanting to sell their homes.
21% Decrease in Number of Sold Homes
In April 2025, there were 652 single family homes that sold in Austin compared to 821 homes in April 2024, showing a 21% decrease in year over year numbers. Last month there were 658 homes that sold, showing an 0.9% decrease in month over month comparisons. With fewer sales, it’s no wonder we saw inventory rise.
0.16% Decrease in Average Sold to List Price
In April 2025, the average sold to list price was 97.87% compared to 98.03% in April 2024, showing an 0.16% decrease in year over year numbers. Last month the average sold to list price was 97.23%, showing an 0.7% increase in month over month numbers.
No Change in Median Time to Sell
In April 2025, the median time to sell a home in Austin was 24 days compared to 24 days in April 2024 showing no change in year over year numbers. Last month the median time to sell a home in Austin was 34 days, showing a 29.4% decrease in month over month comparisons.
No Change in Median Price Per Square Foot
In April 2025, the median price per square foot was $313 compared to $313 in April 2024, showing no change in year over year numbers. Last month, the median price per square foot was $314, showing an 0.3% decrease in month over month numbers.
19% Decrease in Total Sales Volume
In April 2025 the total sales volume for single family homes in Austin was $556,918,755 compared to $687.92MM in April 2024, showing a 19% decrease in year over year numbers. Last month the total sales volume was $531.41MM, showing a 4.8% increase in month over month comparisons.
21.9% Increase In Months Supply of Inventory
In April 2025, there was 5.17 months of inventory on the Austin real estate market compared to 4.24 month sin April 2024, showing a 21.9% increase in year over year numbers. Last month, there was 4.42 months of inventory on the Austin market showing a 17% increase in month over month numbers.
6.4% Increase in Number of New Pending Listings
In April 2025, there were 867 single family homes that accepted a contract in Austin compared to 815 in April 2024, showing a 6.4% increase in year over year numbers. Last month there were 752 single family homes that accepted a contract, showing a 15.3% increase in month over month comparisons.
1.3% Decrease in Median Active List Price
In April 2025, the median active list price of a single family home in Austin was $740,199 compared to $749,900 showing a 1.3% decrease in year over year comparisons. Last month the median active list price was $689,900, showing a 7.3% increase in month over month numbers.
18% Increase in Number of New Listings
In April 2025, there were 1,853 homes introduced to the market compared to 1,570 homes in April 2024, showing an 18% increase in year over year numbers. Last month there were 1,580 homes introduced to the market, showing a 17.2% increase in month over month comparisons.
15% Increase in Number of Active Listings
In April 2025, there were 3,414 single family homes on the market compared to 2,970 in April 2024, showing a 15% increase in year over year numbers. Last month there were 2,920 homes on the market showing a 17% increase in month over month numbers.
April 2025 Austin Real Estate Price Report – Strictly Numbers
For those of you who prefer to see the actual numbers, we’ve included the figures for April 2025 Austin home sales below. The most expensive home that sold in April 2025 sold for $5,900,000 and the least expensive home sold for $140,000. Homes ranged in size from 334 sqft – 6,217 sqft with an average size of 2,290 sqft. The average price per square foot for a home that sold in Austin in April 2025 was $360.31 with the lowest being $132.14/sqft and the highest being $1,186.49/sqft. It took, on average, 45 days to sell a home in Austin and sellers received, on average, 95.53% of their original list prices.
| Beds | Baths | SqFt | List Price | LP/SqFt | Sold Price | SP/SqFt | SP/LP | SP/OLP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Min | 1 | 1 | 334 | $140,000 | $119.97 | $140,000 | $132.14 | 73% | 56% | 0 |
| Max | 9 | 8 | 6,217 | $6,350,000 | $1,223.67 | $5,900,000 | $1,186.49 | 129% | 129% | 577 |
| Avg | 4 | 3 | 2,290 | $872,824 | $369.80 | $846,954 | $360.31 | 97.83% | 95.53% | 45 |
| Median | 3 | 3 | 2,088 | $649,000 | $312.14 | $629,900 | $308.27 | 98% | 97% | 17 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | April 2025 |
| Property Type | Single Family Homes | Number Sold | 717 |
| Source: | ABoR Sales Data | Area | Austin |
Time to Buy? Sell?
As we always say, the best time to buy or sell a home is when you need to buy or sell. If you have a house to buy, buying when its a sellers market may hurt you on the buying end, but you’ll make it up on the selling end. If you’re trying to get into the market for the first time, the only way you’ll know that we’ve “hit bottom” is when its in the rear view mirror. Work with professionals who can help you analyze your financial and lifestyle to determine if now is the right time to buy or sell.
If you’re looking strictly at the numbers – it’s time to buy. We are on the brink of a balanced market, which means sellers are going to get more motivated to make deals to get their homes sold. There aren’t as many buyers in the market as we typically see in spring and sellers who were anticipating a busy market are starting to wonder if they’re going to get their homes sold. With a 21% decrease in number of sold homes and an 18% increase in new listings, buyers have more choices and less competition. Sellers are also getting about 5% less than what they’re asking for, so there is room to negotiate.
If you’re looking to buy, get with a knowledgeable mortgage broker who can guide you to getting the lowest interest rate possible. We are already seeing some sections of town that are experiencing multiple offers and we expect home buying will resume in full force as we head deeper into spring. Take advantage of lower demand now and get in before the masses come out and we’re in multiple offer situations all over the city. The best homes are still selling quickly, so you don’t want to wait too long once you see a home listed that you like. If you’re looking to buy, we can help you be successful. We have experienced several market shifts in our careers and know how to navigate them. For more info about buying a home, visit Buy a Home in Austin.
If you need to sell, remember we are still in a seller’s market with median prices up 2.5% from last year. The median time to sell is 17 days, which means some homes are selling quickly. Prepare your home to meet a buyer so it presents in the best light possible. Then, price your home for today’s market, not for 2022’s, and you’ll end up getting more. If you’re a seller who needs to sell now, work with a professional Realtor who can help you position your home as the best value on the market. Check out our 88 Ways to Sell Your Home Faster and For More Money for some tips on how you can prepare your home to meet the market. For more info about our Home Selling Program and why it is the best in Austin, check out Sell My Austin Home.
Questions About the April 2025 Austin Real Estate Price Report?
Do you have questions about our April 2025 Austin Real Estate Price Report? Call us at (512) 827-8323 or email us at info@11OaksRealty.com and we’ll help you in any way we can. If you’re looking to buy or sell Austin real estate, don’t forget to check out our Buyer Resources and our Seller Resources for more tips.
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