November pending sales activity shows resilience of Central Texas housing demand
AUSTIN, Texas — According to the November 2025 Central Texas Housing Report released by Unlock MLS, pending sales in the Austin-Round Rock-San Marcos MSA rose 4.5% to 2,269 pending sales, and inventory reached 6.3 months, the highest level recorded in over a year. While prices remained stable—dipping 1.1% year over year to $430,000—closed sales fell 15.9% to 1,895 transactions.
"It is important to remember that November 2024 sales were boosted by the Fed's first cut in interest rates, and mortgage rates moved accordingly. This year's 16% drop appears steeper than it might under typical conditions,” Vaike O’Grady, market research advisor for Unlock MLS, said. “While October’s government shutdown likely impacted November 2025 closings, the 5% year-over-year increase in pending sales is encouraging and shows that motivated buyers are reentering the market.”
O’Grady added: “Last week’s Fed rate cut will likely bolster consumer confidence heading into 2026. As rates stabilize and buyers adjust to the new normal, we anticipate renewed momentum. The region’s long-term outlook is strong and will continue to buffer seasonal and economic shifts.”
Brandy Wuensch, 2025 Unlock MLS and ABoR president, added that even in a slower season, REALTORS® are helping clients find opportunity.
“Inventory is growing, prices are steady and buyers are reentering the market with a more strategic mindset. REALTORS® are playing a critical role in helping Central Texans navigate this evolving landscape with confidence. It's about positioning, not panic. Buyers finally have options, and sellers need to price their homes competitively based on current market conditions. Even though the pace is slower, Austin is still fundamentally strong."
Austin-Round Rock-San Marcos MSA
November 2025 - For Sale
1,895 – Residential homes sold, 15.9% less than November 2024.
$430,000 – Median price for residential homes, 1.1% less than November 2024.
2,477 – New home listings on the market, 3.1% less than November 2024.
11,926 – Active home listings on the market, 11.2% more than November 2024.
2,269 – Pending sales, 4.5% more than November 2024.
6.3 – Months of inventory, 1.5 months more than November 2024.
$1,078,709,812 – Total dollar volume of homes sold, 14.5% less than November 2024.
91.7% – Average close to list price, compared to 92.5% in November 2024.
November 2025 - For Lease
1,650 – Closed leases, 13.2% less than November 2024.
$2,100 – Median price for rent, 2.3 less than November 2024.
1,918 – New lease listings on the market, 5.7% less than November 2024.
5,401 – Active lease listings on the market, 4.7% more than November 2024.
1,722 – Pending leases, 6.8% less than November 2024.
3.0 – Months of inventory, flat compared to November 2024.
$4,011,037 – Total dollar volume of leases, 12.2% less than November 2024.
94.0% – Average close to list price, compared to 93.6% in November 2024.
City of Austin
November 2025 - For Sale
655 – Residential homes sold, 7.1% less than November 2024.
$565,000 – Median price for residential homes, 1.5% less than November 2024.
793 – New home listings on the market, 4.6% less than November 2024.
4,064 – Active home listings on the market, 6.9% more than November 2024.
753 – Pending sales, 5.5% more than November 2024.
4.9 – Months of inventory, 0.3 months more than November 2024.
$467,982,112 – Total dollar volume of homes sold, 12.7% less than November 2024.
91.8% – Average close to list price, compared to 91.6% in November 2024.
November 2025 - For Lease
762 – Closed leases, 13.0% less than November 2024.
$2,300 – Median price for rent, flat compared to November 2024.
888 – New lease listings on the market, 7.9% less than November 2024.
2,596 – Active lease listings on the market, 1.2% more than November 2024.
818 – Pending leases, 6.2% less than November 2024.
3.0 – Months of inventory, flat compared to November 2024.
$2,072,916 – Total dollar volume of leases, 11.2% less than November 2024.
93.8% – Average close to list price, compared to 93.4% in November 2024.
Travis County
November 2025 - For Sale
867 – Residential homes sold, 8.3% less than November 2024.
$505,000 – Median price for residential homes, 1.0% less than November 2024.
1,126 – New home listings on the market, 1.9% less than November 2024.
5,632 – Active home listings on the market, 9.4% more than November 2024.
996 – Pending sales, 2.5% more than November 2024.
5.2 – Months of inventory, 0.5 months more than November 2024.
$588,818,555 – Total dollar volume of homes sold, 9.7% less than November 2024.
91.9% – Average close to list price, compared to 92.1% in November 2024.
November 2025 - For Lease
908 – Closed leases, 9.0% less than November 2024.
$2,300 – Median price for rent, flat compared to November 2024.
1,099 – New lease listings on the market, 3.3% less than November 2024.
3,100 – Active lease listings on the market, 2.4% more than November 2024.
959 – Pending leases, 3.3% less than November 2024.
3.0 – Months of inventory, flat compared to November 2024.
$2,404,296 – Total dollar volume of leases, 8.6% less than November 2024.
93.9% – Average close to list price, compared to 93.5% in November 2024.
Williamson County
November 2025 - For Sale
661 – Residential homes sold, 17.1% less than November 2024.
$415,000 – Median price for residential homes, 3.5% less than November 2024.
791 – New home listings on the market, 6.7% more than November 2024.
3,717– Active home listings on the market, 20.1% more than November 2024.
799 – Pending sales, 7.4% more than November 2024.
4.5 – Months of inventory, 1.0 month more than November 2024.
$307,845,475 – Total dollar volume of homes sold, 20.1% less than November 2024.
91.7% – Average close to list price, compared to 93.3% in November 2024.
November 2025 - For Lease
551 – Closed leases, 18.6% less than November 2024.
$2,000 – Median price for rent, 4.5% less than November 2024.
601 – New lease listings on the market, 5.1% less than November 2024.
1,671 – Active lease listings on the market, 10.4% more than November 2024.
560 – Pending leases, 14.0% less than November 2024.
3.0 – Months of inventory, 1.0 months more than November 2024.
$1,166,559 – Total dollar volume of leases, 20.5% less than November 2024.
94.1% – Average close to list price, compared to 93.7% in November 2024.
Hays County
November 2025 - For Sale
266– Residential homes sold, 31.3% less than November 2024.
$390,000 – Median price for residential homes, 6.9% more than November 2024.
386 – New home listings on the market, 18.4% less than November 2024.
1,640 – Active home listings on the market, 3.3% less than November 2024.
341 – Pending sales, 1.8% more than November 2024.
4.4 – Months of inventory, 0.1 months less than November 2024.
$143,978,536 – Total dollar volume of homes sold, 18.0% less than November 2024.
91.0% – Average close to list price, compared to 91.9% in November 2024.
November 2025 - For Lease
147 – Closed leases, 16.9% less than November 2024.
$1,950 – Median price for rent, 2.3% less than November 2024.
159 – New lease listings on the market, 27.1% less than November 2024.
468 – Active lease listings on the market, 7.5% less than November 2024.
158 – Pending leases, 0.6% more than November 2024.
3.0 – Months of inventory, flat compared to November 2024.
$329,669 – Total dollar volume of leases, 11.0% less than November 2024.
93.6% – Average close to list price, compared to 93.8% in November 2024.
Bastrop County
November 2025 - For Sale
74 – Residential homes sold, 18.7% less than November 2024.
$365,000 – Median price for residential homes, 0.8% less than November 2024.
143 – New home listings on the market, 8.9% less than November 2024.
742 – Active home listings on the market, 15.4% more than November 2024.
101 – Pending sales, 5.2% more than November 2024.
7.2 – Months of inventory, 1.3 months more than November 2024.
$29,637,209 – Total dollar volume of homes sold, 22.5% less than November 2024.
91.0% – Average close to list price, compared to 92.0% in November 2024.
November 2025 - For Lease
33 – Closed leases, 21.4% less than November 2024.
$1,995 – Median price for rent, 5.0% more than November 2024.
48 – New lease listings on the market, 50.0% more than November 2024.
107 – Active lease listings on the market, 30.5% more than November 2024.
32 – Pending leases, 27.3% less than November 2024.
3.0 – Months of inventory, 1.0 months more than November 2024.
$67,983 – Total dollar volume of leases, 19.8% less than November 2024.
95.4% – Average close to list price, compared to 93.9% in November 2024.
Caldwell County
November 2025 - For Sale
27 – Residential homes sold, 15.6% less than November 2024.
$265,000– Median price for residential homes, 10.2% less than November 2024.
32 – New home listings on the market, 15.8% less than November 2024.
195 – Active home listings on the market, 40.3% more than November 2024.
32 – Pending sales, 33.3% more than November 2024.
6.1 – Months of inventory, 2.8 months more than November 2024.
$8,430,037 – Total dollar volume of homes sold, 15.5% less than November 2024.
89.8% – Average close to list price, compared to 94.1% in November 2024.
November 2025 - For Lease
11 – Closed leases, 37.5% more than November 2024.
$1,700 – Median price for rent, 8.1% less than November 2024.
17 – New lease listings on the market, 21.4% more than November 2024.
49 – Active lease listings on the market, 63.3% more than November 2024.
14 – Pending leases, 250.0% less than November 2024.
4.0 – Months of inventory, flat compared to November 2024.
$19,842 – Total dollar volume of leases, 27.7% more than November 2024.
97.4% – Average close to list price, compared to 100.0% in November 2024.
For more information or to download the November 2025 Central Texas Housing Market Report, visit UnlockMLS.com/Stats.
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