In 2024, closed sales across the Austin-Round Rock-San Marcos MSA remained stable, ticking down 0.5% to 29,872 sales, according to the December 2024 and Year-End Central Texas Housing Market Report released by Unlock MLS. During the same period, active listings saw an increase of 14.7% to 132,993 listings offering buyers more opportunities. Together, the data reflects buyers’ ability to find homes that meet their needs within the current market conditions and sellers viewing the market as favorable.
Clare Knapp, Ph.D., housing economist for Unlock MLS and the Austin Board of REALTORS , predicts that the coming year will mirror 2024’s conditions offering consistency for homebuyers and sellers.
“2025 market activity will likely look similar to trends observed in 2024 with the median sales price and closed sales hovering between a range of 5% up or down yearover- year. This stability will give homebuyers and sellers clear expectations to plan their next steps with greater confidence. Additionally, mortgage rates will likely hover between 6 and 7%, as the Federal Reserve adopts a cautious approach to potential rate cuts. This consistency will allow both buyers and sellers to benefit from a predictable lending environment. However, external factors, such as economic shifts or policy changes, could influence these trends, underscoring the importance of staying informed and adaptable to navigate the market successfully.”
