As we enter the spring buying season, the Central Texas housing market is shifting—and fast. In her latest report, A Reappraisal on Rates, Dr. Clare Knapp, housing economist at Unlock MLS Research, explores how post-pandemic market forces are pushing both buyers and sellers to adjust their expectations.

Sellers, It’s Time to Reset
The red-hot pricing of 2022? It’s in the rearview mirror. While prices remain higher than pre-pandemic levels, they’re cooling—and sellers may need to make bold decisions to stay competitive. Dr. Knapp points to signs of a broader market correction, one that could benefit strategic, well-prepared sellers.

Buyers Have More Choices—But It’s Complicated
Inventory is up. Negotiating power is shifting. But with affordability still a major challenge, it’s not quite the buyer’s paradise you might expect. The market is revealing some surprising trends that are changing how buyers and sellers interact.

Back to Fundamentals
The extraordinary conditions of the past few years are fading. What’s emerging is a market rooted in long-term fundamentals—and that may be good news for buyers looking for value and sellers willing to adapt.

Want to dive into the numbers and the insights behind the headlines?
🔗 Read the full report by Dr. Clare Knapp

Based on research from Dr. Clare Knapp, Unlock MLS Research—the data and economic research division of the Austin Board of REALTORS®.