The Austin-Round Rock-San Marcos metro housing market shows a striking disconnect between aggressive price reductions and selling pace, with 53.43% of active listings taking price cuts while homes still require 84 days to sell, according to the latest market data. This paradox positions Austin as an outlier in both Texas and national markets. Despite more than half of sellers reducing prices, the metro's median days on market exceeds the national average of 77 days, though it moves faster than the Texas state median of 91 days.
Austin's housing market showed the sharpest shift toward buyers among Texas' major metros, with 53.4% of active listings taking price cuts as of Nov. 1, 2025. The Austin-Round Rock-San Marcos metro's median list price dropped to $499,000 from $525,231 a year earlier, marking a $26,231 decline. The divergence across the Texas Triangle metros reveals how even neighboring markets can experience different conditions.
In the wake of the pandemic-induced housing boom, Austin, TX, has transitioned into a buyer's market, marking a significant shift from its previous status as a seller's domain. The city, once synonymous with bidding wars and rapid sales, is now experiencing a surplus of listings and decreasing prices, enhancing affordability for potential homebuyers. The shift in Austin reflects a broader trend in real estate, showcasing the pendulum swing between seller and buyer advantage across different markets, according to the August 2025 Monthly Housing Market Trends report.