📢 ABOR February 2025 Single-Family Homes Report
Despite fewer sales than expected, home values remain steady. What does this mean for the market?
📅 Download the PDF report for full details.
📊 MARKET OVERVIEW
February 2025 saw 1,825 homes sold in the ABOR region, up 6% from last month but down 13% compared to last year. While prices held firm, the number of sales fell short of the expected monthly trend of 17.2%, signaling a market that remains active but not accelerating as projected. Total sales volume reached $1.02 billion, with the average net sale price at $552,320 and median net sale price at $419,000.
📌 KEY MARKET STATS
- 🏠 Total Homes Sold: 1,825 (vs. expected 17.2% increase)
- 💰 Total Sales Volume: $1,020,190,167
- 📈 Average Net Sale Price: $552,320 (⬆6% MoM | ⬆1% YoY)
- 📊 Median Net Sale Price: $419,000 (⬆5% MoM | ⬇4% YoY)
- 📏 Price Per Square Foot: $244 (Avg) | $207 (Median)
- ⏳ Average Days on Market: 98 days (⬆1% MoM | ⬆6% YoY)
- 📉 Comparison to Last Month: Sales up 6%, price per SF up 5%
- 📉 Comparison to Last Year: Sales down 13%, price per SF down 1%
🏡 WHAT IT MEANS FOR BUYERS
While sales numbers were lower than expected, prices remain steady. Buyers may see slightly more negotiating power, but well-priced homes are still selling efficiently.
📢 WHAT IT MEANS FOR SELLERS
The market is holding firm on pricing, but fewer sales indicate a shift in buyer demand. Competitive pricing and strong presentation remain key to attracting serious offers.
💡 FINAL THOUGHTS
🏘️ Real estate is hyperlocal and hyper-situational. Whether you’re buying or selling, the right strategy matters. If we can help you analyze your situation and plan for success in 2025, please reach out. We’d love to chat and help you navigate this evolving market.
Want more information about Greater Austin Real Estate?
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George Alexander, Associate Broker & ALEX AI Director
alex.realestate
+1 713.918.9951
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