{"id":324687,"date":"2025-10-22T20:19:20","date_gmt":"2025-10-22T20:19:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/324687\/"},"modified":"2025-10-22T20:19:20","modified_gmt":"2025-10-22T20:19:20","slug":"austin-ranked-no-1-buyers-market-by-redfin-san-antonio-no-6","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/324687\/","title":{"rendered":"Austin ranked No. 1 buyer\u2019s market by Redfin; San Antonio No. 6"},"content":{"rendered":"<p><img alt=\"Online brokerage firm Redfin ranks Austin No. 1 buyer\u2019s market with 130% more sellers than buyers.\" loading=\"eager\"   style=\"aspect-ratio:4 \/ 3\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Online brokerage firm Redfin ranks Austin No. 1 buyer\u2019s market with 130% more sellers than buyers.<\/p>\n<p>File photo\/Austin American Statesman<\/p>\n<p>Real estate markets in major metro areas across the U.S. are increasingly becoming buyer\u2019s markets \u2014 and Austin is leading the charge.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn-channels-pixel.ex.co\/events\/0012000001fxZm9AAE?integrationType=DEFAULT&amp;template=design%2Farticle%2Fplatypus_two_column.tpl\" alt=\"\" class=\"x1px y1px vh abs\" aria-hidden=\"true\" width=\"1\" height=\"1\"\/><\/p>\n<p>A new report from online brokerage firm <a href=\"https:\/\/www.redfin.com\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Redfin<\/a> shows Austin had the strongest buyer\u2019s market in the nation in September. <a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-september-2025\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Four other Texas metros were among the top 10<\/a>. That included San Antonio, which ranked No. 6. Dallas-Fort Worth ranked No. 7 and Houston No. 10.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>With Redfin\u2019s figures showing more than twice as many sellers as buyers, Austin had the widest gap in the nation.\u00a0<\/p>\n<p>The report mirrors what Central and South Texas agents have been\u00a0seeing on the ground: more choice for buyers, longer timelines to shop and haggle and fewer bidding wars.<\/p>\n<p class=\"MM_onlineOnly\" title=\"CCI Online Only\"><strong>RELATED:<\/strong> <a href=\"https:\/\/www.statesman.com\/business\/real-estate\/article\/austin-home-sales-increase-september-buyers-market-21100201.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Austin housing market posts strongest sales growth of 2025 in September<\/a><\/p>\n<p>Redfin estimated Austin had 130% more sellers than buyers last month, underscoring a decisive shift toward buyer leverage after the pandemic-era surge in sales and prices. San Antonio had 109% more sellers than buyers.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>The combination of rising inventory and slower pace of sales is giving buyers room to negotiate on price and terms.<\/p>\n<p>\u201cIt\u2019s a good time to buy if you feel confident in your financial situation and you\u2019re planning to stay in your house for a long time.\u201d\u00a0Redfin Premier real estate agent Andrew Vallejo said. \u201cSellers are offering to pay buyers\u2019 closing costs and the market has slowed to the point where the unique neighborhood with great schools that felt unattainable a couple years ago may now be within reach.\u201d\u00a0<\/p>\n<p>Nationally, Redfin estimates there were about 37% more sellers than buyers in September\u00a0\u2014 enough to produce the <a href=\"https:\/\/www.redfin.com\/news\/homebuyer-discounts-september-2025\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">biggest September discounts from asking prices since 2019<\/a>. The typical home sold for less than its final list price, only about a quarter of sales closed above list price and the median time to go under contract stretched to seven weeks. Mortgage rates averaged in the mid\u20116% range.<\/p>\n<p>\u201cHomebuyers have extremely high expectations. Some of them remember being pre-approved for a 3% mortgage rate during the pandemic, which meant they could afford a $450,000 house,\u201d said Roze Swartz, a Redfin real estate agent in Houston. \u201cNow that rates, insurance costs and property taxes have gone up, they can only afford a $325,000 house but still have $450,000 expectations.\u201d\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>In Austin, the buyer tilt aligns with a local market that\u2019s active but still cooling from the pre-pandemic and pandemic-era run\u2011up to record highs. City sales jumped nearly 17% in September, according to Unlock\u00a0MLS, outpacing a 6.7% gain across the metro as prices eased. The median sale price in the Austin\u2011Round Rock\u2011San Marcos area slipped 1.8% to $420,000.<\/p>\n<p>Months of inventory rose to 5.7, edging right up to the six\u2011month level that traditionally signals a balanced market as active listings climbed and pending sales held steady, the multiple listing service said.<\/p>\n<p>\u201cWhat we\u2019re seeing in the market now is a healthy level of stability,\u201d\u00a0Vaike O\u2019Grady, a research advisor at Unlock MLS,\u00a0said earlier this month. \u201cHomes may be taking a bit longer to sell, but they\u2019re still selling, and buyers are meeting sellers where they are. This consistency shows that the market is functioning as it should\u00a0\u2014 steady, sustainable and well-positioned heading into the end of the year.\u201d<\/p>\n<p>While buying doesn\u2019t make sense for everyone right now,\u00a0Vallejo said that many of the buyers who are in the market are finding better deals than in years past. But rents are also falling.<\/p>\n<p>\u201cRents have gone down so much in Austin that a lot of people are opting to rent instead of buy,\u201d he said. \u201cIf a home is listed for sale at $500,000 with today\u2019s mortgage rates and a 5% down payment, your monthly payment would be around $4,000, but you could rent that same property for $2,500 a month.\u201d\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p class=\"MM_onlineOnly\" title=\"CCI Online Only\"><strong>LAST MONTH:<\/strong> <a href=\"https:\/\/www.statesman.com\/business\/real-estate\/article\/austin-real-estate-buyers-market-redfin-unlockmls-21070601.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Austin\u2019s fall housing market increasingly tilts to buyers, new data suggests<\/a><\/p>\n<p>In Houston, Redfin data showed\u00a083.8% more sellers than buyers and a modest year\u2011over\u2011year decline in prices. Pending sales fell at one of the sharpest rates among large metros Redfin tracks, signaling softer near\u2011term demand.\u00a0<\/p>\n<p>The shift means sellers don&#8217;t have the power they&#8217;ve long held in hot markets across\u00a0the state and nation.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cSellers can\u2019t be picky on price \u2014 if they don\u2019t have the lowest price on the market, they\u2019re not even going to get showings,\u201d\u00a0Swartz said. \u201cIt\u2019s better to price low from the start than price high and make a drastic cut after your home has been sitting on the market for months without any offers.\u201d<\/p>\n<p>Dallas-Fort Worth also sits firmly in buyers\u2011market territory. Redfin estimated sellers there outnumber buyers by about 100%, and prices are down the most among Texas\u2019 big metros on a year\u2011over\u2011year basis.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Online brokerage firm Redfin ranks Austin No. 1 buyer\u2019s market with 130% more sellers than buyers. File photo\/Austin&hellip;\n","protected":false},"author":3,"featured_media":324688,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5133],"tags":[5229,145571,7202,7203,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-324687","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-antonio","8":"tag-america","9":"tag-saen_share","10":"tag-san-antonio","11":"tag-sanantonio","12":"tag-texas","13":"tag-tx","14":"tag-united-states","15":"tag-united-states-of-america","16":"tag-unitedstates","17":"tag-unitedstatesofamerica","18":"tag-us","19":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115419676365909622","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/324687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=324687"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/324687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/324688"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=324687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=324687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=324687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}