Eleven Oaks Realty is proud to present their June 2025 Austin Condo Price Report measuring activity in the Austin condo market. Our June 2025 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin.
The Austin Condo Market is a Stronger Buyer’s Market
In June 2025 the Austin condo market crept further into buyer’s market territory. There was 11.14 months of inventory on the Austin condo market, showing a 2.86% increase in month over month numbers. The average sold to list price was 96.8%, showing an 0.11% decrease in month over month comparisons. The median time to sell a condo in Austin was 63 days, showing a 53.66% increase in month over moth comparisons. The median sold price was $410,975, showing a 2.74% increase in month over month comparisons.
What does this mean for sellers? Sellers are going to continue to have to make their units stand out as a value in order to attract a buyer. Preparing your unit to meet its new owner is crucial to making your unit stand out as a value compared to the others in the market. Buyers are comparing literally every option they have and in this market, that’s quite a few properties that match their search criteria. You’ll want yours to be the one that stands out so they are motivated to put pen to paper and send an offer. Professional cleaning, decluttering and staging are all must do’s in today’s market.
What does this mean for buyers? Buyers have more choices and less competition, so they are able to pick the best unit for them and then negotiate a good deal on it. Prices are slightly up, but sellers are making concessions in terms of closing costs, to get their condos sold so buyers are having to come out of pocket less. Given interest rates are still higher than we would like to see them, the concessions sellers are making are helping get buyers over the hump and making a purchase.
2.75% Increase in Median Sold Price
In June 2025, the median sold price for a condo in Austin was $410,975 compared to $400,000 in June 2024, showing a 2.75% increase in year over year numbers. Last month the median sold price was $400,000 showing a 2.7% increase in month over month comparisons.
7.3% Decrease in Number of Sold Condos
In Jun 2025, there were 166 condos that sold in Austin compared to 179 in June 2024, showing a 7.3% decrease in year over year comparisons. Last month there were 187 condos that sold, showing an 11.2% decrease in month over month comparisons.
0.05% Increase in Average Sold to List Price
In June 2025, the average sold to list price for a condo in Austin was 96.77% compared to 96.72% in June 2024, showing an 0.05% increase in year over year numbers. Last month the average sold to list price for a condo in Austin was 96.88, showing an 0.1% decrease in month over month comparisons.
40% Increase in Median Time to Sell
In June 2025, the median time to sell a condo in Austin was 63 days compared to 45 days in June 2024, showing a 40% increase in year over year numbers. Last month the median time to sell a condo in Austin was 41 days, showing a 53.7% increase in month over month comparisons.
4% Decrease in Median Price Per Square Foot
In June 2025, the median price per square foot for a condo in Austin was $340 compared to $354 in June 2024, showing a 4% decrease in year over year numbers. Last month the median price per square foot for a condo in Austin was $373, showing an 8.8% decrease in month over month numbers.
4.5% Decrease in Total Sales Volume
In June 2025, the total sales volume for condos in Austin was $87,272,254 compared to $91.34MM in June 2024, showing a 4.5% decrease in year over year numbers. Last month the total sales volume for condos in Austin was $101.6MM, showing a 14.1% decrease in month over month comparisons.
30.1% Increase in Months Supply of Inventory
In June 2025, there were 11.14 months of inventory on the market compared to 8.56 months in June 2024, showing a 30.1% increase in year over year comparisons. Last month there were 10.83 months of inventory on the Austin condo market, showing a 2.9% increase in month over month comparisons.
0.6% Decrease in Number of New Pending Listings
In June 2025, there were 165 condos that accepted a contract compared to 166 in June 2024, showing an 0.6% decrease in year over year numbers. Last month there were 193 condos that accepted a contract, showing a 14.5% decrease in month over month comparisons.
6% Decrease in Median Active List Price
In June 2025, the median active list price for a condo in Austin was $423,000 compared to $450,000 in June 2024, showing a 6% decrease in year over year numbers. Last mont the median active list price was $425,000, showing an 0.5% decrease in month over month comparisons.
9.5% Increase in Number of New Listings
In June 2025, there were 428 condos introduced the market compared to 391 in June 2024, showing a 9.5% increase in year over year numbers. Last month there were 528 condos introduced to the market, showing an 18.9% decrease in month over month comparisons.
20.4% Increase in Number of Active Condo Listings
In June 2025, there were 1,746 condos actively listed for sale in Austin compared to 1,450 condos in June 2024, showing a 20.4% increase in year over year numbers. Last month, there were 1,700 condos listed for sale, showing a 2.8% increase in month over month comparisons.
June 2025 Austin Condo Numbers
In June 2025, there were 167 condos and townhomes that sold in Austin. Condos ranged in size from 399-6,260 sq ft with 0-5 bedrooms and 1-6 bathrooms. The most expensive condo that sold in Austin sold for $4,250,000 and the least expensive condo sold for $150,000. It took, on average, 75 days to sell a condo in Austin and sellers received, on average, 92.58% of their original list prices. The average price per square foot of a condo sold in Austin in June 2025 was $383.27.
| | Bed | Bath | SqFt | List $ | LP/SqFt | Sold $ | SP/SqFt | SP/LP | SP/OLP | ADOM |
|---|---|---|---|---|---|---|---|---|---|---|
| Min | 0 | 1 | 399 | $159,900 | $146.15 | $150,000 | $146.15 | 84% | 63% | 0 |
| Max | 5 | 6 | 6,260 | $4,595,000 | $1,331.11 | $4,250,000 | $1,231.17 | 107% | 107% | 565 |
| Avg | 2 | 2 | 1,375 | $545,839 | $397.42 | $526,136 | $383.27 | 96.72% | 92.58% | 75 |
| Med | 2 | 2 | 1,249 | $419,900 | $349.56 | $411,950 | $341.25 | 97% | 93% | 57 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | June 2025 |
| Property Type | Condos & Townhomes | Number Sold | 167 |
| Source: | ABoR Sales Data | Area | Austin |
Time to Buy? Sell?
As we always say, the time to buy or sell a condo in Austin is when it’s right for you. Trying to time your condo purchase or sale for the market is next to impossible. The only way to know we’ve hit the peak or the bottom of the market is when it’s behind us. The most important factor in the decision to purchase is are you financially and emotionally ready to own a condo? Work with professionals who can help you wade through your finances and living situation and help you make an informed decision.
If you’re looking strictly at the numbers – it’s time to buy. Though median price was up 2.75%, inventory was up over 30% giving buyers many more choices. To try to be competitive and attract a buyer, sellers are reducing their list prices by 6% from last year. They’re trying to compete to get an offer, something we haven’t seen in years. We also saw a 9.5% increase in the number of condos introduced to the market, giving buyers even more choices. This spring and early summer has proven to be one of the slowest we’ve seen in the last several years for the Austin condo market. Sellers are starting to feel the pinch and given the calendar shows July, they’re going to start making deals for fear if they don’t, they won’t get their units sold. Get pre-approved now and figure out what you’re looking for in a condo so you’ll be ready when the right unit is listed.
If you need to sell, know you’re still able to do that if you have patience and persistence. Be prepared for buyers to change their mind and get through all the contingencies before you determine your unit is sold. That being said, buyers are still out there and they’re making strong offers for units they feel stand out. Make your condo stand out as a value compared to the competition and you will be successful at getting an offer. Remember, positioning your condo as a value doesn’t just mean pricing lower. If you’re looking to sell a condo in Austin, spend some time preparing your condo to meet the market. With some preparation and market appropriate pricing, you’ll have no trouble finding a buyer. Check out our Condo Marketing Plan, which we know is the best in Austin for how our team will sell your home faster and for more money than any other team in Austin.
If you’re looking to buy, be clear on what you want so you can be quick to move an offer if you find something that fits. Don’t wait until the weekend to check out listings in person. If you can, set alerts and get inside condos of interest early, you might just beat out the competition. Buyers have become complacent and are waiting to see condos thinking they have time. If you can beat them to the punch and make offers, you will face less competition than if you waited. Make house hunting a priority and you’ll have some extra time to make a decision. If you’re looking to buy, our team of experienced buyer’s agents can help you find the right condo in the right complex for you and your family. Because we know the market, we’re also pretty good at negotiating good deals as well. Check out our Austin Home Buyer Representation Program for more info about how we’ll consult you to a thoughtful purchase, rather than hard sell you the first condo we see.
Questions About the June 2025 Austin Condo Price Report?
Do you have questions about our June 2025 Austin Condo Price Report? Looking to buy or sell a condo or townhome in Austin? 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’
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