December Market Report
December Real Estate Market Report
City of Austin Single Family
What Went Down In December
Austin closed out 2025 with 709 single-family home sales, a 6.1% increase from last December. While sales volume ticked up, pricing showed the continued effects of the year's buyer-friendly environment.
• The median sales price settled at $584,900 (-4.1% YoY), while the average sales price held relatively flat at $822,315 (-0.4% YoY).
• Price per square foot averaged $339, down slightly from previous months.
Inventory tightened significantly. As of January 8th, there are 1,972 active listings, bringing months of supply down to 2.79 (3.18 in December). This is a sharp seasonal contraction from the 5+ months we saw in late summer, driven largely by sellers pulling homes off the market for the holidays rather than a massive surge in buyer demand.
Buyers: The "on-paper" stats show tightening inventory, but don't let that fool you into panic. The high frequency of price drops (54%) and a list-to-close ratio of 91.38% prove you still have significant negotiating power on homes that are lingering.
Sellers: The crowd has thinned. With fewer active listings competing for attention, serious buyers are looking at your home. However, with prices sottening year-over-year, pricing and preparation remains your leverage.
2025 Year-End Review
A Year of Stabilization & Opportunity
If 2024 was the year of correction, 2025 was the year of stabilization. We spent much of the year discussing the "power shift"-where inventory surged, and buyers regained the driver's seat. Looking back at the full 12 months, the data confirms a market finding its footing.
• Total Sales: The city finished with 8,312 single-family sales, a 2.2% increase year-over-year.
Demand didn't disappear; it just became more selective.
• Pricing: The median sales price for the year landed at $613,000, a marginal 0.7% increase from
2024. This flatness signaled the end of the rapid appreciation era and the arrival of a more predictable, balanced market.
• Total Volume: The City of Austin saw $6.79 billion in single-family home sales volume, up 3.2%, proving that despite high rates and national headlines, money is still moving in Austin real estate.
The Takeaway: The "crash" never came, but neither did the "boom." Austin settled into a new normal where success was defined by precision-pricing right, prepping well, and negotiating hard.
Data obtained from the Austin Board of Realtors Multiple Listing Service | Single Family | The City of Austin