Austin Daily Real Estate Briefing – Wednesday, May 7, 2025
Welcome to your Austin Daily Real Estate Briefing for Wednesday, May 7, 2025 : Austin's real estate inventory climbed to 16,257 active listings, up 22.4% year-over-year, while pending home sales fell by 2.1%. The New Listing to Pending Ratio dropped to 0.42, among the lowest on record, and 49.3% of listings have seen price reductions. This is your go-to source for real-time insights into the Austin housing market—updated daily and powered by data compiled from over 2,000 pages of market research. Whether you're a buyer, seller, investor, or agent, this briefing gives you a concise, accurate pulse of where the market stands today.
The embedded PDF on this page consolidates the latest trends, including median prices, absorption rates, inventory shifts, and city-by-city changes in buyer activity. Every chart, figure, and metric is carefully extracted from our extensive database, built from detailed reports available at teamprice.com/insight-and-statistics. Bookmark this page and make it part of your daily routine—visit every morning to stay informed and ahead of the market.
Austin Housing Market Update: Rising Inventory, Slowing Demand, and Widening Gaps
As of May 7, 2025, the Austin-area MLS reports 16,257 active residential listings, with 5,316 of those located within Austin city limits. Compared to this time last year, inventory has grown by 22.4% MLS-wide and 20.2% in Austin proper. Week-over-week, inventory increased by 86 listings across the region and 37 listings within Austin. While new listings are up 11.8% year-to-date compared to historical averages, pending listings have declined by 2.1% year-over-year, with 4,922 homes under contract versus 5,027 at this time last year. This mismatch has created a significant spread: 4,888 more homes have been listed than placed under contract so far in 2025.
The Activity Index, which tracks the percentage of homes under contract relative to total inventory, fell to 23.2%, down from 27.5% one year ago. The New Listing to Pending Ratio now sits at 0.42, one of the lowest on record, highlighting slower buyer engagement. Months of Inventory climbed to 5.80, compared to 4.61 last year, indicating increased supply relative to demand.
In terms of pricing, 49.3% of active listings have experienced a price reduction, while just 2.7% have increased. Regional disparities are also evident: Liberty Hill, Jarrell, and Kyle show the highest percentages of price increases, while cities like Driftwood, Dale, Spicewood, Lago Vista, and Marble Falls each report 11.0 months of inventory, suggesting oversupplied conditions in those submarkets.
FAQs
What is the total number of active residential listings in Austin as of May 7, 2025?
There are 16,257 active listings in the Austin-area MLS and 5,316 within Austin city limits.
How does current pending activity compare to last year?
Pending listings are down 2.1% from May 2024, with 4,922 homes under contract compared to 5,027 one year ago.
What does a 0.42 New Listing to Pending Ratio mean for buyers and sellers?
This ratio indicates that for every new listing, less than half are going under contract, reflecting low buyer activity and excess inventory.
How many homes have had price reductions in the current market?
As of today, 49.3% of active listings across the MLS have reduced their asking price.
Which Austin-area cities have the highest months of inventory?
Driftwood, Dale, Spicewood, Lago Vista, and Marble Falls all report 11.0 months of inventory, signaling an oversupplied market.
