Exploring Austin's Real Estate: 11,622 Active Listings in Early 2025 : The Austin-Area real estate market in 2025 shows a dynamic landscape for both buyers and sellers. With a total of 11,622 active residential listings as of February 3, we're seeing a significant increase from the previous year's 9,788 listings, up by 18.7%. This surge in listings might suggest that more sellers are entering the market, potentially giving buyers more options to choose from.

In terms of market activity, the current activity index sits at 23.3%, with a months of inventory at 4.07. This means there's around 4 months' worth of homes on the market if sales continue at their current pace. For sellers, this could mean setting competitive prices to move their properties quickly.

Price adjustments are a common strategy in this market. Almost half (47.7%) of all listings have had their prices lowered to attract attention. Conversely, only 3.9% have seen price increases, showing that sellers are generally adjusting downwards to meet buyer expectations. In Leander, where the local market is particularly active, 46.0% of listings have experienced price drops, while 52.4% have held steady, indicating a balanced yet competitive market.

When looking at new versus resale properties, new constructions make up 33.7% of the listings. These homes tend to have more price adjustments, with 46.1% seeing price decreases, possibly due to builders trying to clear inventory. Resale properties, on the other hand, maintain a bit more price stability, with fewer drastic changes.

The length of time a home stays on the market before selling can tell us a lot about demand. Currently, the median days on the market for the entire MLS is 76 days. However, a significant 38.6% of homes sell within 50 days or less, suggesting that well-priced homes are still moving relatively quickly in this market.

Finally, the occupancy status of listings shows that 65.3% are vacant. This could mean that sellers are moving out in anticipation of a sale, or these properties might be used as investments.

Navigating this market requires understanding these trends, from price adjustments to the speed of sales. Whether you're looking to buy or sell, the data paints a picture of a market that's active but where strategic pricing and timing play key roles. 

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