Steady pricing and rising pending sales mark a more balanced Central Texas housing market
AUSTIN, Texas — According to the latest Central Texas Housing Report released by Unlock MLS, pending sales across the Austin-Round Rock-San Marcos MSA rose 8.2% in August, the fourth consecutive month of year-over-year growth, signaling steady buyer interest as the market transitions into fall. The median home price remained stable at $444,490, up slightly from last August. Active listings increased 13% year-over-year to 14,220 listings, though levels have started to trend downward month over month, keeping inventory under six months and the region in a more balanced market.
Vaike O’Grady, research advisor at Unlock MLS, said the market continues to perform as expected for this point in the cycle, following familiar seasonal patterns.
“Pending sales are rising, prices are holding steady and inventory is trending in the right direction. The market is showing healthy movement as we head into fall, and August’s data reflects growing buyer confidence even as overall sales volumes ease. If the Fed lowers rates tomorrow as expected, we could see renewed interest from buyers, especially those exploring adjustable-rate mortgages, which tend to respond more quickly to those kinds of changes. Even a small rate shift can improve affordability and prompt more buyers to re-enter the market, a trend we’ve seen in past cycles.”
Brandy Wuensch, 2025 Unlock MLS and ABoR president, pointed to insights shared during ABoR’s recent Central Texas Housing Summit, which brought together regional leaders to discuss the market’s future and the role REALTORS® play in guiding consumers.
“We’re seeing signs of a steady and balanced market, and that opens the door for both buyers and sellers. The market has adapted to today’s interest rates, which means success now depends on how consumers position themselves, not just on rate movements. A REALTOR® offers the insight and tools you need to stay competitive. Especially in a season where timing and pricing really matter, having the right expertise makes all the difference. From navigating mortgage conversations to understanding how market trends affect your goals, working with a professional agent ensures you’re positioned for success.”
Austin-Round Rock-San Marcos MSA
August 2025 - For Sale
2,545 – Residential homes sold, 4.6% less than August 2024.
$444,490 – Median price for residential homes, 1.3% more than August 2024.
3,691 – New home listings on the market, 2.0% less than August 2024.
14,220 – Active home listings on the market, 13.0% more than August 2024.
2,669 – Pending sales, 8.2% more than August 2024.
5.9 – Months of inventory, 0.8 months more than August 2024.
$1,494,706,098 – Total dollar volume of homes sold, 2.2% less than August 2024.
92.3% – Average close to list price, compared to 93.3% in August 2024.
August 2025 - For Lease
2,362 – Closed leases, 10.9% less than August 2024.
$2,362– Median price for rent, 5.0% more than August 2024.
3,113 – New lease listings on the market, 0.4% less than August 2024.
5,786 – Active lease listings on the market, 1.1% less than August 2024.
2,159 – Pending leases, 5.1% more than August 2024.
2.6 – Months of inventory, 0.1 months less than August 2024
$6,167,961 – Total dollar volume of leases, 7.7% less than August 2024.
96.1% – Average close to list price, compared to 99.7% in August 2024.
City of Austin
August 2025 - For Sale
901 – Residential homes sold, 2.0% more than August 2024.
$590,000 – Median price for residential homes, 1.7% more than August 2024.
1,263 – New home listings on the market, 0.6% more than August 2024.
5,163 – Active home listings on the market, 11.5% more than August 2024.
934 – Pending sales, 16.3% more than August 2024.
6.3 – Months of inventory, 0.7 months more than August 2024.
$696,515,302 – Total dollar volume of homes sold, 4.3% more than August 2024.
91.6% – Average close to list price, compared to 92.3% in August 2024.
August 2025 - For Lease
1,141 – Closed leases, 16.7% less than August 2024.
$2,450 – Median price for rent, 7.5% less than August 2024.
1,482 – New lease listings on the market, 0.1% more than August 2024.
2,719 – Active lease listings on the market, 6.8% less than August 2024.
1,189 – Pending leases, 4.4% less than August 2024.
2.6 – Months of inventory, 0.2 months less than August 2024.
$3,389,809 – Total dollar volume of leases, 8.6% less than August 2024.
95.9% – Average close to list price, compared to 94.1% in August 2024.
Travis County
August 2025 - For Sale
1,167 – Residential homes sold, 2.7% less than August 2024.
$525,000 – Median price for residential homes, 4.4% more than August 2024.
1,754 – New home listings on the market, 4.0% more than August 2024.
6,943 – Active home listings on the market, 13.2% more than August 2024.
1,199 – Pending sales, 11.8% more than August 2024.
6.9 – Months of inventory, 0.8 months more than August 2024.
$842,107,565 – Total dollar volume of homes sold, 1.3% more than August 2024.
93.0% – Average close to list price, compared to 93.3% in August 2024.
August 2025 - For Lease
1,303 – Closed leases, 13.7% less than August 2024.
$2,350 – Median price for rent, 2.1% less than August 2024.
1,706 – New lease listings on the market, 1.3% less than August 2024.
3,190 – Active lease listings on the market, 5.9% less than August 2024.
1,391 – Pending leases, 1.5% more than August 2024.
2.6 – Months of inventory, 0.2 months less than August 2024.
$3,757,371 – Total dollar volume of leases, 8.3% less than August 2024.
96.1% – Average close to list price, compared to 94.4% in August 2024.
Williamson County
August 2025 - For Sale
858 – Residential homes sold, 4.1% less than August 2024.
$425,000 – Median price for residential homes, 0.6% less than August 2024.
1,244 – New home listings on the market, 2.0% less than August 2024.
4,523– Active home listings on the market, 20.8% more than August 2024.
913 – Pending sales, 6.7% more than August 2024.
5.4 – Months of inventory, 1.1 months more than August 2024.
$416,276,160 – Total dollar volume of homes sold, 5.8% less than August 2024.
93.3% – Average close to list price, compared to 93.9% in August 2024.
August 2025 - For Lease
807 – Closed leases, 9.8% less than August 2024.
$2,150 – Median price for rent, 2.2% less than August 2024.
1,040 – New lease listings on the market, 0.2% more than August 2024.
1,916 – Active lease listings on the market, 4.0% more than August 2024.
811 – Pending leases, 8.0% more than August 2024.
2.3 – Months of inventory, 0.2 months more than August 2024.
$1,847,742 – Total dollar volume of leases, 5.3% less than August 2024.
96.1% – Average close to list price, compared to 96.0% in August 2024.
Hays County
August 2025 - For Sale
401– Residential homes sold, 5.4% less than August 2024.
$369,000 – Median price for residential homes, 3.4% less than August 2024.
481 – New home listings on the market, 15.8% less than August 2024.
1,831 – Active home listings on the market, 3.0% less than August 2024.
416 – Pending sales, 4.5% more than August 2024.
4.8 – Months of inventory, 0.1 months less than August 2024.
$195,645,957 – Total dollar volume of homes sold, 2.7% less than August 2024.
92.0% – Average close to list price, compared to 93.6% in August 2024.
August 2025 - For Lease
184 – Closed leases, 22.0% less than August 2024.
$2,000 – Median price for rent, 13.0% less than August 2024.
286 – New lease listings on the market, 1.8% more than August 2024.
536 – Active lease listings on the market, 11.4% more than August 2024.
192 – Pending leases, 5.9% less than August 2024.
2.7 – Months of inventory, 0.3 months more than August 2024.
$432,176 – Total dollar volume of leases, 20.4% less than August 2024.
96.1% – Average close to list price, compared to 95.4% in August 2024.
Bastrop County
August 2025 - For Sale
102 – Residential homes sold, 7.4% more than August 2024.
$366,000 – Median price for residential homes, 16.6% less than August 2024.
175 – New home listings on the market, 8.4% less than August 2024.
774 – Active home listings on the market, 13.8% more than August 2024.
112 – Pending sales, 21.7% more than August 2024.
7.4 – Months of inventory, 1.0 months more than August 2024.
$37,411,097 – Total dollar volume of homes sold, 5.4% less than August 2024.
92.7% – Average close to list price, compared to 93.1% in August 2024.
August 2025 - For Lease
47 – Closed leases, 42.4% more than August 2024.
$2,100 – Median price for rent, 0.2% more than August 2024.
61 – New lease listings on the market, 1.7% more than August 2024.
105 – Active lease listings on the market, 7.1% less than August 2024.
44 – Pending leases, 51.7% more than August 2024.
3.3 – Months of inventory, 0.3 months more than August 2024.
$98,130 – Total dollar volume of leases, 46.5% more than August 2024.
98.0% – Average close to list price, compared to 95.7% in August 2024.
Caldwell County
August 2025 - For Sale
30 – Residential homes sold, 38.8% less than August 2024.
$227,750– Median price for residential homes, 24.1% less than August 2024.
37 – New home listings on the market, 24.5% less than August 2024.
156 – Active home listings on the market, 6.1% more than August 2024.
30 – Pending sales, 37.5% more than August 2024.
4.5 – Months of inventory, 0.9 months more than August 2024.
$8,054,305 – Total dollar volume of homes sold, 45.8% less than August 2024.
90.2% – Average close to list price, compared to 95.6% in August 2024.
August 2025 - For Lease
22 – Closed leases, 83.3% more than August 2024.
$1,700 – Median price for rent, 0.3% more than August 2024.
21 – New lease listings on the market, 5.0% more than August 2024.
39 – Active lease listings on the market, 56.0% more than August 2024.
21 – Pending leases, 5.0% more than August 2024.
2.7 – Months of inventory, 1.0 months more than August 2024.
$35,962 – Total dollar volume of leases, 65.5% more than August 2024.
94.5% – Average close to list price, compared to 97.5% in August 2024.
For more information or to download the August 2025 Central Texas Housing Market Report, visit UnlockMLS.com/Stats.
Unlock MLS marks the intersection of knowledge, humanity, and home. For nearly 60 years, we’ve fostered the most complete, accurate, timely, and reliable real estate marketplace for the 18-county Central Texas region. In partnership with the 20,000 real estate professionals who power our MLS, we lead the industry in transparency, data integrity, and a people-first focus to make home buying, selling, and renting accessible and attainable for all. For more information, visit UnlockMLS.com.