Number of Texas homes for sale increased in Q2, while prices stayed steady

Malaysian Reserve

3 days ago

Report by Texas Realtors also shows buyer demand is similar to last year.
AUSTIN, Texas, July 18, 2025 /PRNewswire/ — More Texans put their homes on the market in the second quarter this year, but the number of sales and median prices were similar to those at the same time last year, according to the 2025 Q2 Texas Quarterly Housing Report released today by Texas Realtors.
Statewide, active listings increased 27.8% from the same quarter last year. Nearly every metro area had increases to active listings, most in the double digits. Abilene was the only market with a decline.
Christy Gessler, Chairman of Texas Realtors, says this brings more balance to a market that was previously a big challenge for many buyers. 'Our association advocated for recent legislative actions around common-sense regulations and zoning laws to increase inventory statewide. 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.'
Minor changes in price and sales
The statewide median price was $340,000, down 1.4% from the same quarter last year. Most markets had slight increases, with 17 metros up and 9 down. The largest rise was 10.7% (Eagle Pass) and the largest decline was 2.1% (Austin).
Closed sales were up slightly overall to 95,364, with a statewide increase of 1.4%. Markets were split, with decreases in 10 and increases in 16.
Time on market and months of inventory both increased
Months of inventory, which measures how long it would take to sell the homes currently on the market at the current pace of sales, increased from 4.5 months last year to 5.7 months in the second quarter of 2025. Four to five months of inventory generally indicates a market balanced between supply and demand, according to analysts at the Texas Real Estate Research Center.
Statewide, homes stayed on the market for an average of 61 days, which is 6 days longer than during the same quarter last year. Only three metros saw declines and two of those had drops of a single day, while 23 metros had increases, 8 of which were jumps of 10 days or more.
As market conditions continue to give buyers more choices and more time to decide, sellers have new challenges standing out from the crowd. '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,' says Gessler. 'That's where the expert guidance of a Texas Realtor can make all the difference.'
About the 2025 Q2 Texas Quarterly Housing Report
Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, and Texas REALTORS®, with analysis by the Texas Real Estate Research Center at Texas A&M University. The report provides quarterly real estate sales data for Texas and 26 metropolitan statistical areas in the state. The Texas Real Estate Year-in-Review Report in February is released in lieu of the Q4 report. Note that statistical comparisons to prior Texas Quarterly Housing Reports may not be valid due to external factors such as MSA boundaries being redrawn by the U.S. Office of Budget and Management.
About Texas Realtors
With more than 140,000 members, Texas Realtors is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for Realtors and private property rights in Texas.
CONTACTDavid GibbsHahn [e-mail]