Austin Daily Real Estate Briefing – Friday, May 9, 2025
Welcome to your Austin Daily Real Estate Briefing for Friday, May 9, 2025: Austin's real estate inventory climbed to 16,433 active listings, up 19.2% year-over-year, while pending home sales declined by 0.4%. The New Listing to Pending Ratio dropped to 0.42, well below the 25-year average of 0.81, and 49.4% of listings have experienced price reductions today.
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The embedded PDF on this page consolidates the latest trends, including median prices, absorption rates, inventory shifts, and city-by-city changes in buyer activity. Every chart, figure, and metric is carefully extracted from our extensive database, built from detailed reports available at teamprice.com/insight-and-statistics. Bookmark this page and make it part of your daily routine—visit every morning to stay informed and ahead of the market.
Austin Inventory Reaches New Peak as Buyer Activity Lags Behind Supply
As of Friday, May 9, 2025, the Austin-area MLS reports 16,433 active residential listings, marking a new high for 2025 and reflecting a 19.2% year-over-year increase from 13,789 listings in May 2024. Within the City of Austin, active listings reached 5,255, a 22.6% increase from 4,285 last year. Compared to last week, MLS inventory is up by 113 listings. Month-over-month, the total active count rose from 15,907 to 16,433, a 3.3% increase.
The Months of Inventory across the region is now 5.86, up from 4.76 a year ago, showing a 22.9% increase. In the City of Austin, Months of Inventory reached 6.18, rising 35.0% from 4.58 last May. The New Listing to Pending Ratio has fallen to 0.42—well below the 25-year average of 0.81—highlighting a significant imbalance between supply and contract activity. Pending listings in the MLS stand at 4,942, down 0.4% from 4,963 a year ago, while cumulative pending listings from January to May are 11% below average.
The Activity Index across the MLS has dropped to 23.1%, down from 26.5% last year. Median sold price for April was $449,900, which is 2% lower year-over-year. Price reductions are widespread, with 49.4% of active MLS listings showing price drops, and 50.0% of Austin listings reduced. Overall, the data indicates rising inventory, slower buyer absorption, and ongoing pricing pressure.
FAQs
Q1: How many active listings are there in the Austin MLS as of May 9, 2025?
There are 16,433 active residential listings in the Austin-area MLS.
Q2: What is the New Listing to Pending Ratio for May 2025 in Austin?
The New Listing to Pending Ratio is 0.42, significantly below the 25-year average of 0.81.
Q3: How has Months of Inventory changed in the City of Austin year-over-year?
It increased from 4.58 in May 2024 to 6.18 in May 2025, a 35.0% rise.
Q4: What percentage of listings in Austin have price reductions?
50.0% of active listings in the City of Austin have price reductions.
Q5: What is the median sold price for April 2025 in the Austin market?
The median sold price in April 2025 was $449,900, which is down 2% compared to April 2024.