🤠🏡 Selling Austin #82

Texas Takes a Hit 🥊 + $100,000 Members Club 🤑

Hi y’all, welcome back to Selling Austin - your weekly local real estate recap. We’ve taken a couple month hiatus but we’re back, excited to dig in. 💪 

Inside: Texas Takes a Hit 🥊 + $100,000 Members Club 🤑 
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(*unbiased opinion)

WHAT'S INSIDE

🔢 THE DATA

👋 Hi, I’m Kirtana!

I’m an ex-dentist turned Realtor - let’s work together! Email me, tweet me or send me a carrier pigeon. 🐦️ 

As we look back on 2025 - let’s see how Texas stacks up to the rest of the US.

At a glance:

  • 53% of homes nationwide declined in value this year

  • 85%+ of homes in the Texas Triangle (Dallas, Houston, Austin, San Antonio) lost value

  • Austin: average home values are down 20% from the last market peak, the largest drop among major U.S. metros

  • Share of listings priced below their last sale:

    • San Francisco: 14%

    • Austin: 13%

    • San Antonio: 8%

    • Dallas: 7%

  • Investor activity:

    • Texas had the highest rate of homes sold to institutional investors in 2021

    • In Austin, investor ownership jumped from under 20% to almost 30% during the pandemic

What this means for you

Buyers: More homes are selling below their previous prices, which means greater leverage and more room to negotiate. You can shop without rushing or competing in bidding wars.

Sellers: Most homeowners still have solid equity, but pricing realistically is crucial. Homes that are correctly priced from day one are moving faster in this market.

Investors: Pandemic-era profits have cooled. With more properties turning into rentals, competition is up and returns are tightening, so focus on long-term hold strategies instead of quick flips.

🤠 WHAT’S HAPPENING AROUND TOWN

Here’s a caveat to the last section and something I always say - special properties still sell fast.

A $3.25 million listing in Austin went under contract in just 3 days - check it out in the next section 👀 . This is especially rare considering Austin is the 5th slowest luxury market in the country (average sale ~85 days).

Interesting that the homes comes with a membership to the prestigious Omni Barton Creek Resort & Spa as well as the club’s four golf courses, fitness center and tennis club, but it comes at a hefty price: the initiation fee reportedly tops $100,000, plus there’s a monthly fee ~$1,000

Omni golf course

The takeaway: when pricing meets reality, the right property can still fly

🤤 HOUSE WORTH DROOLING OVER

Under contract in 3 days - do you think it’s worth it?
Listed: $3,250,000

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