The vertiginous fall of home prices in Austin, Texas, seems to have no end in sight, according to experts who believe that steep declines are likely to continue in the coming months.
A recent analysis by real estate intelligence platform Parcl Labs estimates that the Texas capital will see the biggest downturn in home prices in the country over the next year—even as the cost of buying a home in the city has already fallen drastically from its COVID-19 pandemic peak.
Austin’s housing market, according to Parcl Labs, is currently in “bear territory”—which means, essentially, that property values have been dropping for a consistent period of time—with home prices now over 20 percent down from their peak.
Despite this dip, researchers at the company said, “we still expect home prices to decline 16.5 percent from current levels over the next 12 months. This is the largest expected decline in our coverage universe of 40 real estate markets nationally.”
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Behind Austin’s Housing Market Downfall
According to Redfin, the median sale price of a home in May—the latest month for which reliable monthly figures are available—was $557,500, down 5 percent from a year earlier. At their peak in May 2022, home sale prices in the city had reached a median of $667,000—which means that buying property in Austin was over $200,000 more expensive than it had been before the pandemic, when it was around $400,000.
In the same month, home sales in the city were down by 12.1 percent year-over-year, at 861, and those homes that went under contract spent an average of 48 days on the market, six more than in May 2024. Active listings in the Austin-Round Rock metropolitan area totaled 12,525, up from 9,902 a year earlier. Inventory was actually higher than pre-pandemic level and the highest going as far as 2016, according to data from Realtor.com.
“It’s important to understand why these adjustments are happening and what they represent for the health of the market,” Emily Girard, chief executive officer (CEO) of Unlock MLS and the Austin Board of REALTORS (ABOR), told Newsweek. “What we’re seeing in Austin is a necessary and overdue normalization after an unprecedented period of price acceleration during the pandemic. It is a return to sustainability.”
Home prices skyrocketed during the pandemic homebuying frenzy unleashed by historically low mortgage rates.
“In 2021 during the pandemic, more homes were sold in the Austin-Round Rock MSA than ever before, and sales dollar volume yielded more than a $23 billion impact on the Austin-area economy,” Girard said. “The pandemic led to increased demand as buyers in the market had more disposable income and reevaluated their needs in a living space after spending months at home.”
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She added: “That, combined with record-low interest rates at the time and an Austin economy that continued to make major company relocation announcements regularly, led to more homes being sold and prices increasing to an unsustainable level.”
The price declines that the city has been experiencing for the past couple of years represent “healthy adjustments,” Girard said as the market “normalizes.”
And prices, as experts say, are continuing to fall.
According to Redfin data, Austin was one of the metros reporting the biggest year-over-year declines in median sale prices, at -4.2 percent, in the four weeks ending July 6.
Photo-illustration by Newsweek/Getty/Canva
Buyers on Top
The Austin housing market downturn does not mean that the city has now become undesirable for buyers—quite the opposite.
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“For buyers, this is one of the most favorable environments we’ve seen in years,” Girard said. “Buyers have time to shop, compare and negotiate—luxuries that weren’t available during the pandemic boom. They’re in the market with more intention and more options, especially with increased affordability for first-time and moderate-income homebuyers.”
Sellers might have a harder time accepting that they no longer have the upper hand, and they may be forced to compromise on prices—especially as price declines are expected to continue.
“Prices will continue to drop this year. That’s because the last half of the year we always have more inventory. And if you ever look at the seasonal bell curve in Austin’s selling season, prices always come down in the last half of the year,” Austin-based realtor Jeremy Knight told Newsweek. “Yet, there are a lot of buyers on the sidelines. If we do see rates come down in the last half of the year, you’ll see more closed numbers and buyers frantic in the market.”
Unfortunately, a majority of experts expect mortgage rates to continue hovering between the 6 and 7 percent marks through this year and 2026.
Global SEO Agency now offering deep-dive Audits, AI Ranking SEO, and Business Profile Optimization to local Austin companies seeking measurable digital growth on major search platforms.
AUSTIN, TX – December 17, 2025 – WebJi®, a leading SEO Agency with over two decades of international experience, has officially announced its expansion of service offerings to the Austin, Texas market. This strategic move brings WebJi®’s proven, remote-first strategies for digital growth to Austin’s local businesses and growing brands. The agency’s main goal is simple: to help companies show up higher in search results. This is achieved by fixing complex Technical SEO problems, growing qualified local traffic, and driving more real customers to client websites across the Austin area.
Solving the Visibility Problem for Austin Businesses
Many local businesses in the Austin area struggle to get noticed online. Their websites often face issues like slow loading speeds, poor user experience, or code that is unclear for the search engine robots. When these technical problems exist, the business cannot rank high in search results, even for customers searching nearby.
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The WebJi® team addresses this core problem remotely and effectively. They start with a thorough study of the client’s website, the market, and key local competitors. From this analysis, WebJi® creates a clear, customized SEO plan. This plan is designed to improve search engine ranking and send valuable, ready-to-buy visitors to the site.
The team has a strong history spanning over 20 years in search engine optimization, or SEO, successfully helping businesses globally. WebJi® now actively serves the greater Austin area, including Round Rock, Cedar Park, Pflugerville, and Buda. The team, composed of expert SEO specialists, content writers, and link building managers, operates virtually, ensuring every part of the SEO plan is handled professionally and efficiently, regardless of location.
Targeted Services for Real Local Results
WebJi® offers comprehensive services focused on maximizing visibility specifically within the Austin market:
Local SEO and Map Ranking: The agency uses Local SEO to ensure nearby customers find the business first. They optimize listings and pages to boost local calls and visits. They improve Map Ranking SEO so a business’s pin shows up higher for “near me” searches on major mapping platforms.
Technical SEO and SEO Audits: WebJi® performs a deep SEO audit, a full health check of the website. They focus on Technical SEO, fixing site speed and crawl issues. This helps search engines correctly read and reward the site with better positions.
AI Ranking SEO and Content: The agency uses cutting-edge AI Ranking SEO to study search patterns. They adjust content based on real data to keep clients ahead. This process is built on detailed keyword research to find the exact terms real buyers use. They also manage safe, honest link building from reputable sites, which acts as a vote to boost domain strength.
WebJi® provides clear monthly reports on traffic, rankings, and leads, showing measurable results typically within 3 to 6 months.
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If your Austin business needs better search engine ranking or Local SEO, WebJi® can help. The team serves all Austin neighborhoods, including Downtown Austin, Central Austin, South Congress, and Tech Ridge.
About WebJi®:
WebJi® is an established SEO Agency with over 20 years of experience in search engine optimization, offering remote-first services globally. The team of specialists focuses on Local SEO, Technical SEO, AI Ranking SEO, and building authority through safe practices. WebJi® delivers effective digital marketing strategies to ensure long-term, measurable search growth for clients in the Austin market.
Media Contact Company Name: seoagencyaustintx.com Contact Person: Anand Maheshwari Email: Send Email Country: United States Website: https://seoagencyaustintx.com/
Austin, Texas seeks offers of design, engineering, installation, operations and maintenance and decommissioning of solar projects on municipal facilities.
Anne Fischer
Image: Jan Van Bizar, Pexels
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Last spring Austin, Texas city council members approved a resolution to put solar on the rooftops of city-owned buildings. The resolution supports the Austin Climate Equity Plan that aims for net-zero community-wide carbon emissions by 2040 with an emphasis on cutting emissions by 2030. In keeping with that plan, the city is seeking a request for quotations (RFQ) for the solar projects planned for 111 municipal facilities.
Austin plans to make use of existing infrastructure by placing solar on rooftops and over parking lots. In addition to parking lots, the City-owned facilities on the site list designated for solar include at least seven fire stations, libraries, maintenance facilities, garages, recreation centers, city hall, and more.
Quotations on design, engineering, building, operations, maintenance and decommissioning are due by January 6, 2026 at 2 p.m. CST with questions due by December 22, 2025 at 5 p.m. CST. An online pre-offer conference will take place via Microsoft Teams on December 19, 2025 at 11 a.m. CST. Teams meeting ID: 277 171 690 189 99 Passcode 45Vf2kK3. Solicitation-specific questions can be directed to shawn.willett@austintexas.gov.
Austin’s electric customers are served by Austin Energy and connected to the Electric Reliability Council of Texas (ERCOT) grid.
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Joe Ely, a Texas singer-songwriter and guitarist, passed away at the age of 78 on Monday, as reported by Rolling Stone.
Ely, a pivotal figure in the 1970s progressive country movement, died at his home in New Mexico due to complications from Lewy Body Dementia, Parkinson’s, and pneumonia.
Ely’s influence on Austin’s music scene was profound. Known for his unique blend of country, rock, folk, and Tex-Mex, Ely was a driving force behind the city’s progressive country music scene.
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He was inducted into the Austin City Limits Hall of Fame in 2022, a testament to his enduring impact on the music community.
Born on Feb. 9, 1947, in Amarillo, Texas, and raised in Lubbock, Ely’s music was deeply rooted in West Texas. Despite his close association with Austin, he often returned to the wide-open spaces of West Texas for inspiration.
“Every time I start a new album, I head up to West Texas and drive around,” Ely told Texas Monthly in 2011.
Ely’s career began with the formation of the Flatlanders, a trailblazing country trio with fellow Texans Jimmie Dale Gilmore and Butch Hancock. Although their debut album, “All American Music,” was initially overlooked, the group later gained recognition as a quintessential display of West Texas country storytelling.
Throughout his career, Ely collaborated with a diverse array of artists, including Bruce Springsteen, Tom Petty, and the Clash. His live performances were legendary, captivating audiences from Lubbock to London. Ely’s contributions to music were recognized by the Texas Legislature, which named him the Official 2016 Texas State Musician.
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Reflecting on his journey, Ely once said, “I made it this far. I had teachers tell me I wouldn’t make it to 21 when I was going to high school, so I beat the odds, you know?” His legacy as a songwriter’s songwriter and a musician’s musician will continue to inspire generations to come.
