Austin housing market stabilizes, builds momentum in June 2025

AUSTIN (KXAN) — The Austin housing market is seeing a slight increase in home sales, a good sign that Brandy Wuensch, the president of the Austin Board of Realtors, said indicates the market's stabilization.

"The Central Texas housing market is finding its footing and it's stabilizing," she said in conversation with KXAN's Will DuPree earlier this afternoon.

Although the 2.8% increase is moderate, Wuensch said it shows that the market is building momentum as house prices remained constant and inventory increased.

According to data from Unlock MLS, the median sales price for a home in the Austin metro area last month was $449,900, with no change year-over-year. The market had 5.5 months of housing inventory, with 4,562 homes listed in June.

"For buyers, the increased inventory means that there are more choices, more negotiating power, and obviously they can take their time," Wuensch said, adding that sellers will need to adapt to the changing environment.

"The message is very clear that pricing, being flexible on pricing and presentation is key to staying competitive," she said.

Wuensch noted that the changing market may help Austinites struggling to find affordable housing, alleviating the strain that comes from a depleted housing market.

"We are starting to see a little bit of, I guess, improvement in the availability of homes within a more attainable price point," she said. "But also, you know, the challenges of some buyers being able to get qualified or secure their financing — while it's still present, doesn't mean it's impossible."