Luxe Austin Homes - housing market

"Austin ranked No. 2 buyer’s market among major U.S. metros"

CultureMap Austin reports, "If you’re shopping for a home in the Austin area, this might be a great time to make a purchase.

A new report from residential real estate platform Redfin ranks Austin as the second-best buyer’s market among the country’s 50 largest metro areas. In a buyer’s market, prospective homeowners wield an advantage over sellers, strengthening their ability to score a bargain.

San Antonio pulled just ahead of Austin to claim the top spot on the list.

The report shows that in October, there were 117 percent more sellers than buyers in the San Antonio area — the highest percentage across the 50 biggest markets. In second place: the Austin metro area, where there were 115 percent more sellers than buyers. Across the country,…

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"Delayed Jobs Data Drops Surprises as Housing Market Gains Momentum"

Realtor.com reports, "After weeks of delayed data, we finally have an update on the labor market—and it’s not exactly what most people expected.

Data that was delayed by the federal government shutdown is starting to trickle out. We learned that hiring was more robust than many expected in September, with 119,000 jobs added in the month—largely in the health care, food services, and social assistance industries. Still, some sectors saw job declines, including transportation and warehousing and the federal government.

Although government data on unemployment insurance claims has been remarkably stable, private data shows a jump in layoff announcements in 2025. Against this hiring and separations backdrop, the unemployment rate trended up to 4.4%…

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"Number of houses for sale in Austin area reaches highest since 2022"

CultureMap Austin writes, "The number of houses for sale in the Austin metro has reached its highest level since 2022, and median home prices remained stable for the seventh month in a row, according to the October 2025 Central Texas Housing Report from Unlock MLS and the Austin Board of Realtors.

The median sale price for a home in the Austin-Round Rock-San Marcos metro area came out to $439,000 last month, only 1.4 percent more than the median sale prices in October 2024. Home sales dipped 9.6 percent from last year with 2,238 residential homes sold in the metro. More than 3,600 new listings were added to the market in October, which is 7.9 percent higher than last year, bringing the total number of active listings to 13,227 homes.

Unlock MLS…

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"More homes will hit the market in 2026. Here's the pricing outlook."

Austin Business Journal shares, "More homes are going to hit the market in 2026 — but don’t expect home prices to drop in the near future.

A new report by the National Association of Realtors predicts existing-home sales will jump by 14% in 2026. That’s because of a combination of dropping mortgage rates and improving market stability after several years. 

But, despite the number of new homes hitting the market, prices are still projected to go up by 4% in 2026, as demand remains steady and supply remains lower than normal. 

“Next year is really the year that we will see a measurable increase in sales,” said NAR National Economist Lawrence Yun. “Home prices nationwide are in no danger of declining.”

Mortgage rates are projected to go down…

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"These are America's hottest housing markets"

Austin Business Journal writes, "Home sales have slowed in many parts of the country, most noticeably in Covid-era hotspots that doubled down on new construction. In some cases, frustrated sellers are even deciding to delist their homes rather than face steep price cuts.

But there are still plenty of hot housing markets both locally and across the nation. Despite a multitude of challenges and a shifting market, the national average for days on the market was essentially flat — inching up from 84 in the second quarter to 85 in the third quarter.

That's according to The Business Journals' latest quarterly analysis of the country’s hottest housing markets based on listing and sales data from Intercontinental Exchange Inc.

The ranking isn’t meant…

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"Comparing Texas housing markets: Austin, Dallas, Houston, San Antonio trends"

Housingwire writes, "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. The Texas Triangle—a megaregion formed by Dallas–Fort Worth, Houston, San Antonio, and Austin that houses the vast majority of Texans—shows varying market dynamics despite geographic proximity. While Austin and San Antonio moved into buyer-favorable territory, Dallas-Fort Worth and Houston maintained neutral conditions…

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"Austin market relies on price cuts as homes sit longer"

Housingwire writes, "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.

Inventory builds as buyer conditions strengthen

Austin’s housing inventory reached 11,429 active single-family homes as of Nov. 1, 2025, representing 3.67 months of supply. The market absorbed 780…

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"Mortgage Applications Today: New Home Loans and Refinancing Slows Despite Lower Rates For Now"

Realtor.com reports, "Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA). It's an about-face from the week prior when home loans saw a 7.1% increase.

This comes as mortgage interest rates dipped to 6.17% for the week ending Oct. 30, according to Freddie Mac. That's the fourth straight week of declines after the Federal Reserve cut interest rates for the second time this year.

The Market Composite Index, a measure of mortgage loan application volume, decreased 1.9% on a seasonally adjusted basis from one week earlier.

On an unadjusted basis, the Index decreased 3% compared with the previous week. The Refinance Index decreased 3% from the previous week and was 151% higher…

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"Falling Mortgage Rates Boost Housing Market for Now—as Government Shutdown Enters Second Month, Clouding Outlook"

Realtor.com reports, "Mortgage rates just hit 6.17%—their lowest in more than a year. Also this week, the Fed cut rates again. Together, this could provide some real momentum for the housing market. 

But with an economy sending mixed signals and the government shutdown clouding the data picture, uncertainty is creeping in.  

That’s this week’s big story: Momentum meeting uncertainty. Lower rates are trying to push the housing market forward, and macro risks are pulling it back.

On one side, momentum: Since May, mortgage rates have fallen by 70 basis points, saving a typical buyer about $150 a month—that’s nearly $2,000 a year in payments. 

On the other side, uncertainty: Without the usual labor market data, Fed Chair Jerome Powell compared…

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"Affordable housing project planned for East Austin"

Austin Business Journal reports, "A new apartment complex with half of its units priced at below-market rates could be coming to East Austin,

Called FiveOne, according to a filing with the Texas Department of Licensing and Regulation, the project would encompass roughly 500,000 square feet and include five stories of apartments and a parking garage in a single building. The location, at 5525 E. 51st St., is in the 78723 ZIP code, which is among the top 25 ZIP codes in the region, in terms of poverty rate, while also having a higher home value than the metro’s median home sales price, according to ABJ research.

The owner and developer of FiveOne is an entity named 5525 E 51st Street LLC, which has a Shoal Creek Boulevard address…

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