{"id":90796,"date":"2025-12-17T01:42:09","date_gmt":"2025-12-17T01:42:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/90796\/"},"modified":"2025-12-17T01:42:09","modified_gmt":"2025-12-17T01:42:09","slug":"unlock-mls-shares-key-austin-area-housing-market-takeaways-for-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/90796\/","title":{"rendered":"Unlock MLS shares key Austin-area housing market takeaways for 2025"},"content":{"rendered":"

\t\t\t\t\t\t\tUnlock MLS<\/a> market research adviser Vaike O\u2019Grady shared an end-of-year update on the Austin-Round Rock Metropolitan Statistical Area’s housing market, including where the MSA is seeing employment growth and projected housing trends.<\/p>\n

Major takeaways<\/p>\n

According to Unlock MLS’ year-to-date data on single-family homes:<\/p>\n

Homes spent 73 days on the market on average, nine days longer than 2024 YTDTotal sales were down 5% from 2024 with 26,455 homes soldMedian sale prices were down 1% from 2024 at $438,532 Similarly, with multifamily units:Average lease prices were $1,36986.6% of units were leased19,533 units were under construction with 58,995 proposedWhile mortgage rates are trending lower, home prices remain elevated, and consumer sentiment is also “still weak,” O’Grady said.<\/p>\n

“Consumer sentiment is kind of like maybe we’re in a recession, even though the economy isn’t,” O’Grady said.<\/p>\n

As the year closes out, stubborn inflation is affecting the market along with a slowed employment growth, O’Grady said. The MSA is seeing more service jobs but fewer professional business service jobs.<\/p>\n

“It’s troubling from a home ownership perspective because we’re creating a lot of lower-wage jobs, not a lot of necessarily higher-wage jobs,” O’Grady said.<\/p>\n

Austin still remains one of the strongest markets, O’Grady said, as Austin’s unemployment rates remain below the average for both Texas and the United States.<\/p>\n

What else? <\/p>\n

Median home prices in the MSA remain some of the most highest in Texas.<\/p>\n

“I think part of that is the capital of Texas thing, and part of that is the constraints we’ve got on our geography,” O’Grady said.<\/p>\n

Still, elevated home prices and the stall in employment growth isn’t keeping people from wanting to move to Austin, O’Grady said.<\/p>\n

Data shared from realtor.com<\/a> showed that in Q3 2025, the MSA saw nearly 28% of searches coming from Dallas-Fort Worth, followed by Chicago, San Antonio and Houston with over 5% of searches each.<\/p>\n

Looking ahead<\/p>\n

While there is still uncertainty with the Federal Reserve and impacts of the October government shutdown, home affordability is still likely to improve, O’Grady said.<\/p>\n

“It feels a little painful to lower the price on the home you’ve got listed, but long term, we need [prices] to come down so more people can afford to buy a home,” O’Grady said.<\/p>\n

Unlock MLS’ projections for YTD 2026 include:<\/p>\n

Between 30,000-32,000 closed salesBetween 10,000-12,000 active listingsUpward of 5 months of inventoryMedian sales prices of $410,000-$425,000The national economy also \u201cflavors everything,” O’Gray said.<\/p>\n

“People won’t buy a home if they don’t think they’re going to have a job,” O’Grady said. “Getting that [unemployment] data and understanding what that data is telling us can help because it will provide at least some level of certainty.”<\/p>\n

The MSA\u2019s real estate market is also likely to continue seeing forward movement due to federal incentives for semiconductor and artificial intelligence manufacturing, the Samsung facility in Hutto, and Austin-Bergstrom International Airport\u2019s expansion.<\/p>\n

\u201cTalent migration is likely to rebound,\u201d O\u2019Grady said. \u201cPeople still want to live here. … I think tech will reaccelerate, [and] it’s going to look a little different, but long term, I think we’re positioned really well, and we’re ready to go into a new chapter of innovation hiring is where we’re going to go.”\n\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Unlock MLS market research adviser Vaike O\u2019Grady shared an end-of-year update on the Austin-Round Rock Metropolitan Statistical Area’s…\n","protected":false},"author":2,"featured_media":90797,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,42776,134,42761,42767,42772,42760,42763,42759,42769,42775,42781,42782,42770,42773,42764,42778,133,42780,42758,42771,42768,42783,42774,42762,42779,42777,42766,42765],"class_list":["post-90796","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-buyer-market","tag-austin-headlines","tag-austin-home-prices","tag-austin-home-sales","tag-austin-housing-affordability","tag-austin-housing-forecast-2026","tag-austin-housing-inventory","tag-austin-housing-market-2025","tag-austin-housing-stability","tag-austin-housing-supply","tag-austin-job-growth-housing","tag-austin-market-analysis","tag-austin-market-forecast","tag-austin-median-home-price","tag-austin-mortgage-rates","tag-austin-new-construction-homes","tag-austin-news","tag-austin-population-growth","tag-austin-real-estate-market","tag-austin-real-estate-news","tag-austin-real-estate-outlook","tag-austin-real-estate-predictions","tag-austin-real-estate-projections","tag-austin-real-estate-trends","tag-austin-rental-market","tag-austin-seller-market","tag-central-texas-housing-market","tag-texas-real-estate-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/90796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=90796"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/90796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/90797"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=90796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=90796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=90796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}