November 2025 Austin Housing Market Update
The Austin metro real-estate market continued its steady shift toward balance in November, with rising inventory, slower absorption, and a pricing environment that remains surprisingly stable. While sales volume is still softer year-over-year, buyers are gaining leverage — and sellers are adjusting to a more realistic, data-driven market.
Below are the key highlights from November’s housing data.
Key Trends
Total Sales: Closed sales across the five-county metro remained down in the high single digits year-over-year (approximately 9–10% lower than last November), extending the slower pace we’ve seen throughout fall.
Median Sold Price: The metro median held steady in the $440K range, showing only mild year-over-year movement. Prices are far from crashing — they’re stabilizing across most segments.
Months of Inventory: Supply rose into the 5.3–5.5 months range, pushing the market closer to a balanced state. Six months is typically considered the midpoint between a buyer’s and seller’s market.
Active Inventory: Listings increased to roughly 15,000+ active homes, a notable year-over-year rise and a continuation of the inventory build-up that began earlier this year.
Luxury Market ($1M+): Luxury activity remains segmented. Some price bands show steady demand, while others reflect mild price softening. Well-positioned luxury homes are still moving — but strategic pricing and marketing are essential.
Average & Median Sold Price Summary
Average and median prices in the Austin metro have remained stable rather than declining sharply. This aligns with a market that’s normalizing rather than cooling dramatically.
Median Sold Price: ~$440,000
Average Sold Price: Mid-$500K range (varies by county and property type)
Despite slower sales volume, pricing stability indicates that Austin continues to have long-term buyer demand and economic resilience.
New Listings, Pending Sales, and Market Dynamics
New Listings: More sellers are coming to market compared to last year. Inventory is building, giving buyers more options heading into winter.
Pending Sales: Pendings remain mixed across the metro — some areas are seeing modest increases, while others remain slower than usual. Buyer caution is still evident.
Days on Market: Homes are sitting longer on the market, and price reductions are more common than in recent years. This shift gives buyers more room to negotiate and take their time evaluating options.
Broader Economic & Market Indicators
Inventory growth, longer days on market, and easing competition all signal a market that’s transitioning toward balance. While the frenzied seller’s market of 2021–22 is gone, Austin is not experiencing a downturn — rather, it’s stabilizing.
This stabilization benefits both sides:
Buyers gain options and negotiating ability.
Sellers who price correctly can still achieve strong results.
If You’re a Buyer
You’ll find more choices, less pressure, and fewer bidding wars compared to the past few years.
Median home prices are holding steady, not surging — which means you aren’t walking into an overheated market.
In the luxury tier above $1M (especially above $1.4M), increased inventory gives buyers even more leverage.
If You’re a Seller
Homes priced correctly and presented well are still selling — but the market is not forgiving of overpricing.
Expect longer days on market and more negotiation from buyers.
Luxury sellers need to lean into premium marketing, staging, and realistic pricing to stand out.
The Austin metro housing market in November 2025 reflects a continued normalization: higher inventory, slower sales, steady pricing, and a clear shift toward a balanced environment. For buyers, this brings new opportunities. For sellers, strategy and pricing discipline matter more than ever.