October 2025 Austin Real Estate Market Report

It’s October, and my colleague Lee Abraham and I are back with another update on the Austin real estate market.

This month’s data shows the market continuing to cool, but there are a few notable trends that could hint at a shift soon.

Keep reading for the full details.

Table of Contents

• Full October 2025 Update
• Active Listings Trend
• Housing Inventory
• Sales Per Month
• Average Sale Price
• Days To Sell
• Sale-to-List Ratio
• New Listings Data
• Inventory Barometer
• Mortgage Rate Update
• Conclusion

Full October 2025 Update

Watch our video report below for the latest statistics and our forecast for the Austin real estate market. Or click here to watch it on YouTube.

Active Listings Trend

Active listings have decreased for the third consecutive month.

After peaking a few months ago, the number of listings is now dropping as expected with seasonal patterns.

Housing Inventory

At the start of October, Austin had 3,282 active listings of single-family homes.

Looking at recent sales helps put this number in perspective:

• Pending sales over the past 30 days: 717

• This equates to roughly a 4.5–4.6 month housing inventory

• Based on closed sales (679), the inventory is closer to five months

Overall, we’re at about a four-and-a-half-month inventory, which is stable compared to last month.

Sales Per Month

Monthly sales are up 17% year-over-year but down 10% from last month.

This reflects a low overall sales volume. If historical trends continued, we might see around 17,000 annual sales, but we’re likely ending the year closer to 10,000.

The drop in transactions is significant and noticeable across the market.

Average Sale Price

The average sale price dropped 7.3% month-over-month and is down just under 3% year-over-year. This aligns with the typical seasonal slowdown from August to September.

Last month, we discussed market timing and whether prices had hit the bottom. These figures suggest we may be near that point, though the question remains open. Anecdotally, many buyers are sensing it could be a good time to purchase.

Days To Sell

Days to sell increased by 6.3% both year-over-year and month-over-month.

This seasonal uptick in September is normal as activity picks up in the fall before the holidays.

Sale-to-List Ratio

The sale price to list price ratio offers insight into the market’s direction. While down 0.6% year-over-year, it increased slightly by 0.3% month-over-month—a positive sign that may indicate the market is stabilizing.

New Listings Data

New listings rose 1.3% both year-over-year and month-over-month, showing minimal change. Interestingly, these percentages are identical for both comparisons.

Inventory Barometer

Our Listing Inventory Barometer tracks not just new listings and pending sales but also expired and withdrawn listings.

Recent data shows a net reduction in active listings. Many discretionary sellers are choosing to pull their homes from the market, possibly to rent or wait for a better time to sell.

Mortgage Rate Update

Mortgage rates are a key topic:

• 30-year fixed-rate mortgages decreased slightly to 6.34%
• 15-year fixed-rate mortgages are now at 5.55%

This follows the Federal Reserve’s first rate cut in a year. While the drop isn’t huge, it’s a step toward attracting more buyers.

Conclusion

In summary, the Austin real estate market continues to cool with lower sales and a decline in average prices.

However, subtle indicators—like a small month-over-month increase in the sale-to-list ratio and slightly lower mortgage rates—suggest we may be approaching a market bottom. Inventory remains stable as discretionary sellers pull back, helping to maintain balance.

Lee and I provide these monthly updates to help you understand Austin real estate trends. Using a data-driven approach, we guide buyers and sellers through the complexities of the current market.

If you’re considering buying or selling, reach out to us for expert guidance on navigating these trends. You can connect with me here for more information.