Jan

23

2025

My Austin Tx Real Estate Hot Takes for 2025

Jan. 23. 2025

Hello, Hello! Ashley here!

Somehow 2024 flew by and I try to keep everyone updated on what I am seeing in the market, experiencing in the market and actual DATA regarding the market. Below are the recently released market statistics for the month of December. I want to publish a 2023 v 2024 comparison but not all of that data is out yet, but trust me, I plan to share when it is!

Professionally here are a few of my hot takes for 2025:

(Remember these are only my personal opinions)

  • Rates will stay with a 6 in the front of them. Would love to see them come down, but they really have not, in fact they have only increased.
  • Interest rates follow the ten year treasury, not the Fed and jobs right now are strong and inflation has not come down
  • More buyers will be entering the market in the Spring and Summer as more homes will as well
  • I bet Austin will have about 5-6mo of inventory come May.
  • Those that NEED to BUY and those that NEED to SELL–will.
  • Acceptance will start to set in. 2024 was rough because many sellers were holding on to old values and not accepting lower prices.
  • We will see a mix of price reductions and longer days on market and multiple offers–all dependent on area and condition.
  • It will remain a market in favor of the buyers.

Let’s start with the City of Austin:

In comparison to 2023, the market faired better–it also picked up after the election, but it was a pretty stagnant last quarter.

Keep in mind that the year following an election year–7 out of 9 of those years the real estate market has increased in value. The good news is that most Americans have quite a bit (most around the 40% range) of equity in their homes. This is not like 2008 where unqualified buyers were buying homes for more than they could afford. So while some talk about a “crash” it would be pretty difficult for that to happen.

However, if you were a homeowner who purchased in 2022–when there were peak pricing AND peak interest rates and you are trying to sell now–that isn’t quite as easy and I always recommend creative financing options (schedule a chat to discuss more on that)! I have a video on this topic as well-HERE.

And now, if you are wanting to take a look at Travis County in general–see below.

Also if you’d like to get an idea of what your home is worth you can always reach out or fill out our form HERE! Austin is a very hyper local market so condition, location, schools, layout ALL come into play when evaluating your home.

 

And last but not least–property protest season is upon us!

If you need some help with that I have an old blog HERE, or feel free to reach out! We recommend trying it yourselves (which you can no do online) or hiring a company. Some like Five Stone Tax Advisors (who I use) others have used Texas Pro Tax or a handful of other companies. They do charge a fee but remember you can protest for FREE yourself, online!