{"id":6769,"date":"2025-03-07T19:57:17","date_gmt":"2025-03-08T02:57:17","guid":{"rendered":"https:\/\/homebuyinginstitute.com\/mortgage\/?p=6769"},"modified":"2025-10-18T13:15:32","modified_gmt":"2025-10-18T20:15:32","slug":"austin-housing-market-pace","status":"publish","type":"post","link":"https:\/\/homebuyinginstitute.com\/mortgage\/austin-housing-market-pace\/","title":{"rendered":"Austin Has the Slowest Housing Market in America as of Early 2025"},"content":{"rendered":"\n

In a hurry? Here are five key points from this report:<\/strong><\/p>\n\n\n\n

    \n
  1. You might already know that the Austin, Texas metro area became one of the hottest housing markets in the U.S. during COVID.<\/li>\n\n\n\n
  2. You might also know that the Austin real estate scene has cooled down considerably since the last boom.<\/li>\n\n\n\n
  3. What you might not<\/em> know is that the Austin metro area is literally the slowest housing market in America, as of March 2025.<\/li>\n\n\n\n
  4. In January of this year, homes listed for sale in this market spent a median of 87 days on the market, according to data from Redfin.<\/li>\n\n\n\n
  5. The Austin-area housing market<\/a> will likely remain sluggish for a while longer, continuing to favor home buyers over sellers.<\/li>\n<\/ol>\n\n\n\n
    <\/div>\n\n\n\n
    \"Sign<\/a><\/figure>\n\n\n\n

    Austin, Texas: Slowest Housing Market in America<\/h2>\n\n\n\n

    After becoming one of the hottest housing markets in the U.S. during the pandemic, the Austin area experienced a prolonged downturn that is still dragging on in early 2025.<\/p>\n\n\n\n

    We used data provided by the national real estate brokerage Redfin to determine the median days on market for the largest U.S. metro areas.<\/p>\n\n\n\n

    Definition:<\/strong> The median “days on market” (DOM) is the midpoint for how long it takes to sell a home within a particular area, similar to an average.<\/p>\n\n\n\n

    Of all the housing markets we analyzed, the Austin-Round Rock metro area had the highest number of days on market\u2014and by a wide margin.<\/p>\n\n\n\n

    The following graph (based on data from Redfin<\/a>) provides a simplified view of this trend. It shows the median DOM for the Austin area and the U.S. as a whole.<\/p>\n\n\n\n

    \n\n\n\n
    \"Graph<\/a><\/figure>\n\n\n\n
    \n\n\n\n

    The far right side of this graph shows early 2025. Notice how much higher the median days on market is for the Austin-Round Rock metro area, compared to the national median.<\/p>\n\n\n\n

    If we added the nation’s largest metropolitan areas to this graph, it would look like a plate of spaghetti, but still show the same thing. Austin would still be the slowest.<\/p>\n\n\n\n

    How it Compares to Other Texas Metros<\/h2>\n\n\n\n

    For a statewide analysis, we compared the Austin metro area to the other major metros in Texas, including Dallas, El Paso, Houston, and San Antonio.<\/p>\n\n\n\n

    Here are the median DOM stats for those markets, as of February 2025:<\/p>\n\n\n\n