Is it a buyer's market in the making? Let’s dive in!
As of May 2025, the Texas real estate market is shifting gears—with more options on the table and time for buyers to breathe. Here’s what you need to know:
🔹 Median Home Price: $340,000
That’s a slight dip of 1.5% year-over-year, showing a modest correction that may favor buyers—especially those who were priced out in previous months.
🔹 Active Listings: 152,383
That’s a 30.6% increase compared to last year! More listings mean more choices and possibly less competition.
🔹 Closed Sales: 33,381
Only a 0.1% decrease YoY, meaning demand is still strong and homes are selling—just with a bit more balance in the market.
🔹 Inventory: 5.6 months
Up 1.3 months YoY, this metric suggests the market is moving away from the frenzied pace of a seller’s market and into a more neutral territory.
🔹 Median Price per Sq Ft: $175.90
Down 2.1% YoY. Coupled with increased inventory, this could create unique opportunities for savvy buyers.
🔹 Time on Market:
Homes are now sitting an average of 60 days, up 7 days from last year, offering buyers a bit more negotiating power and decision-making time.
🏠 What This Means for You
Whether you're buying or selling, this more balanced market presents unique opportunities:
✅ Buyers: You have more homes to choose from and less competition.
✅ Sellers: Homes are still selling—especially when priced right and marketed well.
Not sure where you fit in the May market? Let’s talk about your next move. I’m here to help you find the perfect home—or the perfect buyer.
👉 For all your real estate needs, #GetJacque
📍Serving Montgomery, DFW, and beyond
📞 Let’s connect!
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