The Williamson County housing market continues to shift as affordability challenges, buyer demand, and available inventory shape the landscape. Let’s break down the latest numbers for July 2025 and compare them with the same period in prior years to understand the evolving trends.
1. Year-over-Year Comparison
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Median Sale Price:
July 2025 came in at $419,995, down from $428,500 in July 2024 (-2.0%) and slightly lower than $428,350 in July 2023 (-2.0%). Prices have dipped modestly but remained relatively stable over the past two years. -
Closed Sales:
There were 850 closed sales in July 2025, compared to 943 in July 2024 (-9.8%) and 895 in July 2023 (-5.0%). Sales activity is clearly slowing, reflecting more cautious buyers in today’s market. -
Sales Dollar Volume:
Total sales volume was $406M, down from $460M in July 2024 (-11.7%) and $445M in July 2023 (-8.8%). Lower sales combined with softer prices explain the dip. -
Months of Inventory:
July 2025 shows 5.5 months, up from 4.1 months in July 2024 and 3.1 months in July 2023. This marks a significant increase in supply, pushing the market closer toward balance. -
New Listings:
There were 1,488 new listings in July 2025, up from 1,263 in July 2024 and 1,247 in July 2023. More sellers are testing the market, contributing to higher active inventory. -
Active Listings:
Inventory swelled to 4,651 homes this July, up 29% from 2024 and 67% from 2023. Buyers now have far more choices compared to the frenzied market of two years ago.
2. Median Sale Price Trend
After peaking in mid-2022 at around $510K, Williamson County’s median prices dropped sharply through 2023 and have since flattened in the $420K range. The consistency over the past year suggests the market may have found its new equilibrium, though downward pressure remains as inventory rises and affordability stays strained.
3. Months of Inventory Trend
Inventory tells the story of this market shift.
- In 2022, inventory was less than 1 month, an extreme seller’s market.
- By mid-2023, it rose into the 2.5–3 month range, signaling easing pressure.
- In 2024, levels pushed to 4–4.5 months.
- Now, in mid-2025, Williamson County sits at 5.5 months, very close to a “balanced” market (6 months).
This steady climb shows that the pendulum has swung away from sellers’ dominance toward more balanced—if not slightly buyer-favored—conditions.
4. Closed Sales Trend
Closed sales have generally declined since 2022, when the county frequently saw 1,000+ transactions per month. By contrast, 2023 and 2024 both recorded monthly sales in the 800–950 range, and 2025 is tracking even lower at times. High mortgage rates, affordability challenges, and increased options for buyers have slowed the pace of closings.
5. New Listings Trend
Seller activity has remained strong. Each year since 2022, new listings have trended upward, with mid-2025 consistently showing higher levels than 2024 and 2023. For example, July’s 1,488 new listings far exceed both prior years. Combined with fewer sales, this has fueled the surge in active inventory.
Conclusion
The Williamson County housing market has clearly shifted from the hyper-competitive seller’s market of 2022 to a more balanced environment in 2025. Prices have softened slightly, sales volumes are down, and inventory has expanded significantly. Buyers today benefit from more options and negotiating power, while sellers face longer market times and stiffer competition.
Looking ahead, whether the market stabilizes or moves further toward buyers will depend on mortgage rate trends and the region’s continued population growth. For now, Williamson County stands at a crossroads—no longer overheated, but not yet in a clear downturn.
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