Eleven Oaks Realty is proud to present their August 2025 Austin Condo Price Report measuring activity in the Austin condo market. Our August 2025 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin.
The Austin Condo Market is a Buyer’s Market
In August 2025, there were 9.69 months of inventory on the Austin condo market, showing a 6.01% decrease in month over month comparisons. The average sold to list price for a condo in Austin in August 2025 was 96.5%, up 0.07% in month over month comparisons. The median time to sell a condo in Austin was 58 days, up 11.54% in month over month comparisons. The median sold price was $367,000, up 1.23% in month over month comparisons.
What the Numbers Mean for Buyers
Buyers are firmly in control in today’s condo market. With 9.69 months of inventory, Austin is solidly in a buyer’s market. Prices are softening: the median sold price is $367,000, down slightly year-over-year, while the median active list price has dropped 8.7%. Buyers also have more choice, with 1,549 active listings, a 15.6% increase from last year. Sellers are taking longer to secure contracts—median days on market rose to 58 days—which gives buyers additional leverage in negotiations.
Action Items for Buyers:
- Act strategically: With sellers reducing prices and more inventory available, now is the time to shop carefully and negotiate for the best terms.
- Get pre-approved early: This positions you to move quickly if you find the right property, which still matters in competitive sub-markets.
- Look beyond price: Sellers are more open to concessions such as covering closing costs or offering upgrades. Ask for extras that improve your long-term value.
- Be patient, but decisive: Condos are sitting longer, but prime units still attract attention. Don’t wait too long on the right fit.
What the Numbers Mean for Sellers
Selling conditions are more challenging. Inventory is up nearly 20% year-over-year, and buyers are responding cautiously. Sellers are getting 96.5% of list price on average, slightly lower than last year, and sales volume is down 7%. Longer marketing times (nearly two months on average) mean sellers must work harder to stand out. That said, well-prepared condos are still moving—particularly those priced strategically and marketed effectively.
Action Items for Sellers:
- Price competitively from the start: Overpricing risks extended days on market in this inventory-heavy climate.
- Highlight unique value: Professional staging, updated finishes, and standout marketing will separate your condo from the crowd.
- Stay flexible: Be prepared for negotiations and consider buyer incentives to encourage offers.
- Partner with an experienced agent: The right strategy, timing, and marketing plan can make all the difference in attracting serious buyers.
0.8% Decrease in Median Sold Price
In August 2025, the median sold price of a condo in Austin was $367,000 compared to $370,000 in August 2024, showing an 0.8% decrease in year over year numbers. Last month the median sold price was $362,550, showing a 1.2% increase in month over month comparisons.
6.7% Decrease in Number of Sold Condos
In August 2025, there were 167 condos that sold in Austin compared to 179 in August 2024, showing a 6.7% decrease in year over year numbers. Last month, there were 144 condos that sold, showing a 16% increase in month over month comparisons.
0.47% Decrease in Average Sold to List Price
In August 2025, the average sold to list price for a condo in Austin was 96.49% compared to 96.95% in August 2024, showing an 0.47% decrease in year over year numbers. Last month the average sold to list price was 96.42%, showing an 0.1% increase in month over month comparisons.
11.5% Increase in Median Time to Sell
In August 2025, the median time to sell a condo in Austin was 58 days compared to 52 days in August 2024, showing an 11.5% increase in year over year numbers. Last month the median time to sell a condo in Austin was also 52 days, showing an 11.5% increase in month over month comparisons.
3.8% Decrease in Median Price Per Square Foot
In August 2025, the median price per square foot for a condo in Austin was $353 compared to $367 in August 2024, showing a 3.8% decrease in year over year numbers. Last month the median price per square foot was $350, showing an 0.9% increase in month over month comparisons.
7% Decrease in Total Sales Volume
In August 2025, the total sales volume for Austin condos was $79,816,062 compared to $85.8MM in August 2024, showing a 7% decrease in year over year numbers. Last month the total sales volume was $68.7MM, showing a 16.2% increase in month over month comparisons.
19.8% Increase in Months Supply of Inventory
In August 2025, there were 9.69 months of inventory on the Austin condo market compared to 8.09 months in August 2024, showing a 19.8% increase in year over year comparisons. Last month there were 10.31 months of inventory on the Austin condo market, showing a 6% decrease in month over month comparisons.
1.1% Decrease in Number of New Pending Listings
In August 2025 there were 177 condo introduced to the Austin market compared to 179 in August 2024, showing a 1.1% decrease in year over year numbers. Last month there were 192 condos introduced to the Austin market, showing a 7.8% decrease in month over month comparisons.
8.7% Decrease in Median Active List Price
In August 2025, the median active list price for a condo in Austin was $410,000 compared to $449,000 in August 2024, showing an 8.7% decrease in year over year numbers. Last month the median active list price was $399,000, showing a 2.8% increase in month over month comparisons.
9.3% Increase in Number of New Condo Listings
In August 2025, there were 352 condos introduced to the Austin market compared to 322 in August 2024, showing a 9.3% increase in year over year numbers. Last month there were 425 condos introduced to the market, showing a 17.2% decrease in month over month numbers.
15.6% Increase in Number of Active Condo Listings
In August 2025, there were 1,549 condos actively listed on the market compared to 1,340 in August 2024, showing a 15.6% increase in year over year numbers. Last month, there was 1,650 condos on the market, showing a 6.1% decrease in month over month numbers.
August 2025 Austin Condo Numbers
In August 2025, there were 173 condos and townhomes that sold in Austin. Condos ranged in size from 359-2,834 sq ft with 0-4 bedrooms and 1-4 bathrooms. The most expensive condo that sold in Austin sold for $2,300,000 and the least expensive condo sold for $95,000. It took, on average, 76 days to sell a condo in Austin and sellers received, on average, 91.54% of their original list prices. The average price per square foot of a condo sold in Austin in August 2025 was $379.60.
| | Bed | Bath | SqFt | List $ | LP/SqFt | Sold $ | SP/SqFt | SP/LP | SP/OLP | ADOM |
|---|---|---|---|---|---|---|---|---|---|---|
| Min | 0 | 1 | 359 | $95,000 | $115.82 | $95,000 | $89.34 | 77% | 65% | 0 |
| Max | 4 | 4 | 2,834 | $2,599,000 | $1,414.04 | $2,300,000 | $1,251.36 | 106% | 106% | 397 |
| Avg | 2 | 2 | 1,285 | $501,037 | $395.41 | $480,459 | $379.60 | 96.45% | 91.54% | 76 |
| Med | 2 | 2 | 1,136 | $384,850 | $357.22 | $370,000 | $353.36 | 97% | 93% | 58 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | August 2025 |
| Property Type | Condos & Townhomes | Number Sold | 173 |
| Source: | ABoR Sales Data | Area | Austin |
Time to Buy? Sell?
As always, the best time to buy or sell is when it’s right for you. The market moves in cycles, and the only certainty is what we see in hindsight. The key is knowing your financial and lifestyle goals and working with professionals who can help you navigate the numbers.
That said, August 2025 clearly favors buyers. Inventory is nearly 20% higher than last year, and the median list price has fallen by almost 9%, giving buyers more options at better price points. Condos are taking longer to sell, and motivated sellers are making concessions to get deals done. If you’ve been waiting for leverage, this is your moment—get pre-approved and prepared so you can act quickly when the right condo hits the market.
For sellers, it’s still possible to achieve a strong sale, but it requires patience, pricing discipline, and exceptional presentation. With the average condo selling at 96.5% of list price and taking close to two months to move, standing out is essential. A polished property, strategic marketing, and realistic pricing will help you capture the attention of today’s selective buyers.
If you need to sell, don’t be discouraged. Selling your condo in Austin is absolutely achievable with the right approach and a bit of patience. While buyers may occasionally change their minds or navigate contingencies, there are still motivated buyers making strong offers for condos that truly stand out. To attract these buyers, focus on making your condo shine as a standout value in the market—not just through competitive pricing, but by showcasing its unique features and appeal. Preparing your condo to meet market expectations is key. With thoughtful preparation and market-savvy pricing, you’ll be well-positioned to secure a great offer. And when it comes to selling your condo faster and for top dollar, our Condo Marketing Plan is unmatched in Austin. Let us show you how our expertise can make all the difference.
If you’re in the market to buy, clarity and speed are your best allies. Know what you’re looking for so you can act quickly when the right opportunity arises. Don’t wait until the weekend to view listings in person—set alerts and visit condos of interest as soon as possible. By getting in early, you may outpace the competition. Many buyers have grown complacent, assuming they have plenty of time to see properties. Be proactive, and you’ll face less competition when making offers. Prioritize your house-hunting efforts, and you’ll gain valuable time to make thoughtful decisions.
Our team of experienced buyer’s agents is here to help you find the perfect condo in the right complex for you and your family. With our deep market knowledge, we excel at negotiating favorable deals. Learn more about our Austin Home Buyer Representation Program, where we focus on guiding you toward a well-considered purchase—not pressuring you into the first condo we see.
Questions About the August 2025 Austin Condo Price Report?
Do you have questions about our August 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.
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