05/28/2025
REAL ESTATE MARKET REPORT FOR APRIL 2025
Howdy Neighbors!
The Summer selling season has started and there are over 13,000 properties currently for sale in the Austin metro area. 15,000 homes are projected to be on the market before summer ends, so there is a lot of inventory for buyers to choose from.
The sold & list prices have decreased 12.05% and 7.32% respectively, since May 2024 in the Anderson Mill/ Woodland Village Neighborhoods. Higher Interest rates and job insecurity are what I think is keeping buyers on the fence, especially those in the computer industry.
Of the top 10 employers in the Austin area, 6 are computer related companies, (Dell, IBM, Apple, Amazon, HEB, Charles Schwab, UT, Indeed, Q2 Holdings, Samsung, Seton Healthcare). Unfortunately, some of these computer companies are laying off workers.
There is 4.7 months of inventory in the metro area, which favors buyers.
If you want to sell your property this summer, my best advice is to price it according to the median or average sold comparables (for homes of similar size and condition as yours) that sold in the last 90 days.
What is the best feature your property? Make that “WOW FACTOR” the focus of your marketing & market that feature to the hilt! Buyers can afford to be choosey with the inventory that is available to them. Offering incentives such as rate buydown, closing costs, buyer agent commission, helps, too.
The QUICK STATS below are formatted:
METRIC: # 2025 / # 2024 / +/-% CHANGE
# Sold: 1 / 3 / -66.67%
New Listings: 4 / 1 / +300%
DOM (Days on Market): 18 / 22 / -18.18%
Average sold price price: $365,000 / $415,000 / -12.05%
Average list price: $400,000 / $431,596 / -7.32%
Months of Inventory: 8 / 1
Send me a message if you have any questions about these stats or your property in general.
Last, if you are buying a home and are using a home loan to purchase it, (instead of cash), please obtain a preapproval letter first, before you do anything else. There is no sense visiting homes that you are not qualified to buy, or before you know the amount you can borrow, based on your current income and expenses.
It’s not only a waste of your and your Realtor’s time to do so, but very frustrating to look at million dollar homes, when you’re preapproved for a $400,000!
Anderson Mill Village | Woodland Village Anderson Mill