More homes hit Texas market as buyers gain leverage
More homes entered the Texas real estate market during the second quarter of this year, providing buyers with greater selection, yet median prices and sales figures largely mirrored those from the previous year.
New data from the 2025 Q2 Texas Quarterly Housing Report by Texas Realtors showed that statewide, active listings saw a significant jump of 27.8% compared to the same period in 2024. This increase was widespread, with most metropolitan areas reporting double-digit gains in available homes. Abilene stood out as the sole market experiencing a decline in listings.
Christy Gessler, chairman of Texas Realtors, noted the positive shift this brings for potential homeowners. “Our association advocated for recent legislative actions around common-sense regulations and zoning laws to increase inventory statewide,” Gessler stated.
She emphasized the ongoing demand, adding, “We are still seeing hundreds of people per day coming to Texas and we are in serious need of expanded inventory at every price point. Texas Realtors will continue to work toward policies that make housing attainable and affordable."
Prices and sales remain consistent
Despite the surge in inventory, price fluctuations remained minor. The statewide median price for homes was recorded at $340,000, a modest 1.4% decrease from the second quarter of last year. Market trends varied, with 17 metros observing slight price increases and nine experiencing declines. Eagle Pass saw the largest rise at 10.7%, while Austin recorded the most significant drop at 2.1%.
Closed sales across the state saw a slight uptick, increasing by 1.4% to a total of 95,364 transactions. The market was split on sales volume, with 16 metros reporting increases and 10 noting decreases.
Market shifts toward buyers
Another indicator of a shifting market was the rise in both time on market and months of inventory. Months of inventory, a measure of how long it would take to sell all current listings at the prevailing sales pace, increased from 4.5 months last year to 5.7 months in Q2 2025.
According to analysts at the Texas Real Estate Research Center, four to five months of inventory typically signifies a balanced market. Additionally, homes spent an average of 61 days on the market statewide, six days longer than in the same quarter last year. While only three metros saw a decrease in days on market, 23 experienced increases, with eight of these jumping by 10 days or more.
These evolving conditions present new considerations for sellers. “They need to be strategic about their home’s price and condition, because buyers will move on to the next house if the property needs work or is priced too high,” Gessler said.
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