George Wang
Broker/ Realtor®
Texas Fortune Realty
P O Box 160371
Austin, TX 78716
Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970
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The Williamson County residential real estate market has seen a dynamic few years, marked by price fluctuations, inventory build-up, and evolving market activity. Using data from the Austin Board of Realtors MLS, we examine the latest trends from May 2025 and compare them to the same period in 2024 and 2023, while analyzing key market metrics including median sales price, closed sales, months of inventory, and new listings.
Year-Over-Year Comparison: May 2025 vs May 2024 & May 2023
Let’s compare May metrics from the past three years:
MetricMay 2023May 2024May 2025Median Sales Price$439,990$435,000$425,000Closed Sales1,1131,0001,024Sales Dollar Volume (B)0.5590.4900.495Months of Inventory2.83.94.4New Listings1,3871,6221,841Active Listings2,5303,3754,377 Key Takeaways: Median price dropped 3.4% from May 2023 and 2.3% from May 2024. Closed sales increased slightly this year but remain below 2023 levels. Inventory and listings have significantly increased, suggesting a more buyer-friendly market. Median Sales Price Trend: Gradual Decline Since 2022
The median sale price
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As we wrap up the first half of 2025, Travis County’s residential real estate market continues to shift under the weight of interest rate changes, affordability pressures, and inventory fluctuations. We analyzed data for May from the past three years to track how key metrics have evolved and what trends are emerging across the market.
Year-over-Year Market Comparison – May 2025 vs May 2024 and May 2023 MetricMay 2023May 2024May 2025% Change 2024–2025% Change 2023–2025Median Sale Price$537,000$555,000$525,000-5.4%-2.2%Closed Sales1,6331,3081,328+1.5%-18.7%Sales Volume (B$)1.190.9650.971+0.6%-18.4%Months of Inventory3.65.65.8+3.6%+61.1%New Listings2,2562,6112,780+6.5%+23.2%
The May 2025 data paints a picture of a softening market in terms of price, while sales volume and transaction count have stabilized compared to last year. Inventory is building up — now at 5.8 months — signaling increased buyer leverage.
Median Sale Price Trend: Plateauing After Pandemic Spike
Travis County’s median sale price hit a peak of $659,000 in May 2022 and has generally trended
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The Central Texas housing market has seen dramatic shifts over the past three years. From record-high prices in 2022 to increasing inventory and shifting buyer behavior in 2025, we break down the key trends driving Austin’s real estate landscape. Let’s dive into year-over-year comparisons, price movement, inventory changes, and sales dynamics.
1. Year-over-Year Comparison: May 2025 vs. Prior Years
Here’s a look at May over the past three years:
YearMedian PriceClosed SalesInventoryNew Listings2022$550,0003,6331.25,2312023$467,5003,4113.44,5452024$459,4502,9684.95,2432025$449,9003,0215.05,716 Prices have dropped by ~18% from May 2022 to May 2025. Closed sales rebounded slightly in 2025 after a dip in 2024, but remain below 2022 levels. Inventory has increased over 4x since 2022, a massive change that marks a shift from a seller’s to a buyer’s market. New listings continue to grow, suggesting seller confidence despite softening prices. 2. Median Sales Price Trend
The median sale price peaked in Spring 2022, hovered near $550,000, then
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The Williamson County residential real estate market continues to show subtle but important shifts as we enter Q2 of 2025. Drawing from Austin ABOR MLS data, we explore how the market has evolved by comparing April 2025 with the same month in 2024 and 2023. Let’s break down the trends and key takeaways across median sale prices, inventory, sales volume, and listings.
1. Year-over-Year Comparison (April 2025 vs. April 2024 and 2023) MetricApril 2023April 2024April 2025YoY % Change (2025 vs 2024)YoY % Change (2025 vs 2023)Median Sale Price$445,000$435,000$435,920+0.2%-2.1%Closed Sales919939817-13.0%-11.1%Sales Dollar Volume ($B)0.4570.4580.400-12.7%-12.5%Months of Inventory2.63.44.8+41.2%+84.6%New Listings124715181734+14.2%+39.0%Active Listings234629363869+31.8%+64.9% 2. Median Sale Price Trend: Plateauing After Pandemic Boom
The median sale price for Williamson County in April 2025 is $435,920, a negligible increase of 0.2% from April 2024 and a 2.1% decline from April 2023. This suggests the once-red-hot price growth from 2020 to mid-2022 has completely cooled.
Observed Trend: After peaking
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As of April 2025, the Travis County residential real estate market, according to Austin ABOR MLS data, continues to evolve against the backdrop of rising inventory and stabilizing prices. Here’s a breakdown of recent trends and how they compare year-over-year and over the past three years.
1. Year-over-Year Comparison (April)
Let’s examine April over the past three years:
YearMedian Sale PriceClosed SalesSales Dollar Volume (B)Months of InventoryNew ListingsActive Listings2023$537,5001,167$0.839B3.32,0473,9752024$540,1851,260$0.943B4.82,5855,5072025$520,0001,142$0.815B6.02,9236,791
Insights:
Price: The median sale price dropped slightly in 2025 (−3.8% from 2024), suggesting a mild softening of the market. Sales Activity: Closed sales were down from last year, and dollar volume followed suit, indicating a pullback in buyer demand. Inventory: A significant rise in months of inventory (up to 6.0) shows a transition toward a buyer’s market. Supply: New and active listings have grown, signaling more seller participation and longer time on the market. 2. Median Sale Price Trend
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