Opportunity for Both Buyers and Sellers
The Central Texas housing market continues to move toward a healthier balance, creating opportunities on both sides of the transaction. In June, the median home price rose to $450,000 (up 1.1% year over year), while pending sales jumped 13.2%, a strong sign that buyer demand is increasing. Homes are taking an average of 62 days to sell, and inventory has decreased to 4.4 months, giving buyers fewer choices while still supporting stable home values.
Should You Buy? Absolutely—Here's Why
If you've been waiting for the "right time," today's market offers some of the best conditions we've seen in years. With more homes available that previous years, buyers have greater selection and more time to make informed decisions without the intense competition. Sellers are also more willing to negotiate on price, repairs, or closing costs, especially with homes selling at an average of 93.9% of list price. At the same time, home values continue to appreciate, meaning today's purchase has the potential to build equity over the long term. As interest rates eventually decline, many experts expect increased competition—which could drive prices higher again.
Should You Sell? Yes—Demand Is Growing
Many homeowners assume higher inventory means it's a bad time to sell, but the numbers tell a different story. Pending sales are up over 13%, indicating that motivated buyers are actively entering the market. Median prices continue to rise, sales volume is up nearly 6%, and well-prepared homes are attracting serious offers. While buyers have more options, properly priced and professionally marketed homes are still selling successfully. Listing now also means less competition than the busy late-summer and fall markets, allowing your home to stand out.
The Bottom Line
Whether you're buying or selling, today's market is one of opportunity—not uncertainty. Buyers benefit from more choices and stronger negotiating power, while sellers continue to enjoy stable prices and increasing buyer demand. The key to success in today's market is pricing strategically, understanding local trends, and having a clear plan.
If you're wondering what these market conditions mean for your home—or your next move—we'd be happy to provide a personalized market analysis and strategy tailored to your goals.