Central Texas housing market moves in step with summer trends

According to the latest Central Texas Housing Report released by Unlock MLS, the Austin-Round Rock-San Marcos MSA recorded 2,492 sales, down 7.9% from last July, with a median price of $435,000. The market followed familiar summer trends with sales slowing and prices adjusting slightly, while inventory stayed above 2024 levels despite a dip from June. Pending sales rose more than 15%, signaling stronger activity heading into fall.  

Vaike O’Grady, research advisor at Unlock MLS, said the market is behaving much as expected for the summer, with seasonal patterns playing out against a backdrop of solid economic growth in Central Texas.  

“It’s typical for the summer market to slow as people focus on travel and leisure; we often see activity pick back up once school starts. The year-over-year growth in pending closings is encouraging. Inventory is higher than in recent years, giving buyers more options, but the month-to-month dip in new and active listings suggests some sellers may be holding back. If interest rates shift lower this fall, we could see seller and buyer activity accelerate.”  

Brandy Wuensch, 2025 Unlock MLS and ABoR president, noted that now is the time for buyers and sellers to lean on the expertise of local REALTORS®.   

“Austin is consistently ranked among the top places to live in the U.S. This creates opportunities for buyers and renters. If you’re looking to buy or lease, this slower pace can work to your advantage. If you’re selling, well-priced homes are still moving quickly. Navigating our market can be complex, so working with a knowledgeable REALTOR® is the best way to position yourself for success.”  

Austin-Round Rock-San Marcos MSA  

• July 2025 - For Sale  

• 2,492 – Residential homes sold, 7.9% less than July 2024. 

• $435,000 – Median price for residential homes, 3.3% less than July 2024. 

• 4,308 – New home listings on the market, 13.4% more than July 2024. 

• 15,002 – Active home listings on the market, 15.9% more than July 2024. 

• 2,829 – Pending sales, 15.3% more than July 2024. 

• 6.1 – Months of inventory, 0.9 months more than July 2024. 

• $1,440,357,791 – Total dollar volume of homes sold, 7.3% less than July 2024. 

• 93.1% – Average close to list price, compared to 94.2% in July 2024. 

• July 2025 - For Lease 

• 2,701 – Closed leases, 6.4% less than July 2024. 

• $2,295 – Median price for rent, 0.2% less than July 2024. 

• 3,671 – New lease listings on the market, 0.5% less than July 2024. 

• 5,741 – Active lease listings on the market, 0.9% less than July 2024. 

• 2,873 – Pending leases, 2.5% more than July 2024. 

• 2.0 – Months of inventory, flat compared to July 2024 

• $7,055,985 – Total dollar volume of leases, 5.4% less than July 2024. 

• 99.7% – Average close to list price, compared to 99.9% in July 2024. 

City of Austin 

• July 2025 - For Sale 

• 884 – Residential homes sold, 1.7% less than July 2024. 

• $590,000 – Median price for residential homes, 2.2% more than July 2024. 

• 1,550 – New home listings on the market, 14.1% more than July 2024. 

• 5,673 – Active home listings on the market, 14.5% more than July 2024. 

• 981 – Pending sales, 22.2% more than July 2024. 

• 6.9 – Months of inventory, 1.0 months more than July 2024. 

• $672,958,414 – Total dollar volume of homes sold, flat compared to July 2024. 

• 93.8% – Average close to list price, compared to 92.9% in July 2024. 

• July 2025 - For Lease  

• 1,359 – Closed leases, 8.9% less than July 2024. 

• $2,795 – Median price for rent, 1.6% more than July 2024.  

• 1,754 – New lease listings on the market, 3.4% less than July 2024. 

• 2,725 – Active lease listings on the market, 10.7% less than July 2024. 

• 1,441 – Pending leases, 1.5% more than July 2024. 

• 2.0 – Months of inventory, flat compared to July 2024. 

• $3,932,036 – Total dollar volume of leases, 6.7% less than July 2024. 

• 99.8% – Average close to list price, compared to 99.5% in July 2024. 

Travis County  

• July 2025 - For Sale 

• 1,121 – Residential homes sold, 4.7% less than July 2024. 

• $525,000 – Median price for residential homes, 1.0% more than July 2024.  

• 1,993 – New home listings on the market, 12.5% more than July 2024. 

• 7,437 – Active home listings on the market, 14.5% more than July 2024. 

• 1,260 – Pending sales, 15.6% more than July 2024. 

• 6.9 – Months of inventory, 0.8 months more than July 2024. 

• $800,560,074 – Total dollar volume of homes sold, 2.3% less than July 2024. 

• 93.0% – Average close to list price, compared to 93.9% in July 2024. 

• July 2025 - For Lease 

• 1,536 – Closed leases, 9.4% less than July 2024. 

• $2,400 – Median price for rent, 2.4% less than July 2024. 

• 2,025 – New lease listings on the market, 1.8% less than July 2024. 

• 3,096 – Active lease listings on the market, 5.4% less than July 2024. 

• 1,630 – Pending leases, 2.3% more than July 2024. 

• 2.0 – Months of inventory, flat compared to July 2024. 

• $4,348,974 – Total dollar volume of leases, 8.2% less than July 2024. 

• 96.0% – Average close to list price, compared to 96.5% in July 2024. 

Williamson County  

• July 2025 - For Sale 

• 850 – Residential homes sold, 11.1% less than July 2024. 

• $419,995 – Median price for residential homes, 1.6% less than July 2024. 

• 1,488 – New home listings on the market, 18.3% more than July 2024. 

• 4,651 – Active home listings on the market, 25.3% more than July 2024. 

• 936 – Pending sales, 12.2% more than July 2024. 

• 5.5 – Months of inventory, 1.3 months more than July 2024. 

• $406,626,407 – Total dollar volume of homes sold, 12.8% less than July 2024. 

• 93.3% – Average close to list price, compared to 94.6% in July 2024. 

• July 2025 - For Lease 

• 850 – Closed leases, 11.1% less than July 2024. 

• $2,200 – Median price for rent, 1.1% less than July 2024. 

• 1,236 – New lease listings on the market, 1.6% less than July 2024. 

• 1,894 – Active lease listings on the market, 8.0% more than July 2024. 

• 946 – Pending leases, 5.7% more than July 2024. 

• 2.0 – Months of inventory, flat compared to July 2024. 

• $2,041,034 – Total dollar volume of leases, 0.8% less than July 2024. 

• 97.0% – Average close to list price, flat compared to July 2024. 

Hays County  

• July 2025 - For Sale 

• 363 – Residential homes sold, 11.9% less than July 2024. 

• $365,000 – Median price for residential homes, 4.6% less than July 2024. 

• 585 – New home listings on the market, 7.5% more than July 2024. 

• 1,974 – Active home listings on the market, 2.9% more than July 2024. 

• 469 – Pending sales, 26.4% more than July 2024. 

• 5.2 – Months of inventory, 0.2 months more than July 2024. 

• $177,111,723 – Total dollar volume of homes sold, 13.3% less than July 2024. 

• 92.6% – Average close to list price, compared to 94.3% in July 2024. 

• July 2025 - For Lease 

• 229 – Closed leases, 7.7% less than July 2024. 

• $2,350 – Median price for rent, 2.2% more than July 2024. 

• 317 – New lease listings on the market, 5.3% more than July 2024. 

• 505 – Active lease listings on the market, 15.3% more than July 2024. 

• 231 – Pending leases, 10.1% less than July 2024. 

• 2.0 – Months of inventory, flat compared to July 2024. 

• $545,942 – Total dollar volume of leases, 2.8% less than July 2024. 

• 97.5% – Average close to list price, compared to 96.7% in July 2024. 

Bastrop County  

• July 2025 - For Sale 

• 116 – Residential homes sold, 3.3% less than July 2024. 

• $336,749 – Median price for residential homes, 2.7% less than July 2024. 

• 187 – New home listings on the market, 10.0% more than July 2024. 

• 786 – Active home listings on the market, 19.6% more than July 2024. 

• 115 – Pending sales, 0.9% less than July 2024. 

• 7.5 – Months of inventory, 0.1 months more than July 2024. 

• $42,344,395 – Total dollar volume of homes sold, 14.0% less than July 2024. 

• 93.9% – Average close to list price, compared to 94.4% in July 2024. 

• July 2025 - For Lease 

• 44 – Closed leases, 18.9% more than July 2024. 

• $2,000 – Median price for rent, 1.2% less than July 2024. 

• 61 – New lease listings on the market, 14.1% less than July 2024. 

• 116 – Active lease listings on the market, 13.7% more than July 2024. 

• 49 – Pending leases, 19.5% more than July 2024. 

• 3.0 – Months of inventory, flat compared to July 2024. 

• $94,615 – Total dollar volume of leases, 29.8% more than July 2024. 

• 96.8% – Average close to list price, compared to 97.4% in July 2024. 

Caldwell County  

• July 2025 - For Sale 

• 39 – Residential homes sold, 4.9% less than July 2024. 

• $300,000 – Median price for residential homes, 0.8% less than July 2024. 

• 58 – New home listings on the market, 3.6% more than July 2024. 

• 166 – Active home listings on the market, 3.8% more than July 2024. 

• 49 – Pending sales, 14.0% more than July 2024. 

• 4.5 – Months of inventory, 0.5 months more than July 2024. 

• $13,136,492 – Total dollar volume of homes sold, 6.9% less than July 2024. 

• 92.3% – Average close to list price, compared to 95.6% in July 2024. 

• July 2025 - For Lease 

• 14 – Closed leases, 17.6% less than July 2024. 

• $1,823 – Median price for rent, 1.3% less than July 2024. 

• 23 – New lease listings on the market, 130.0% more than July 2024. 

• 39 – Active lease listings on the market, 95.0% more than July 2024. 

• 18 – Pending leases, 20.0% more than July 2024. 

• 3.0 – Months of inventory, 2.0 months more than July 2024. 

• $25,420 – Total dollar volume of leases, 17.1% less than July 2024. 

• 98.6% – Average close to list price, compared to 96.0% in July 2024.