Austin-area homebuilders see solid late spring surge in new home sales

Austin American Statesman

By Shonda Novak, Austin American-Statesman
July 3, 2025

Sales of newly built homes in the Austin area surged nearly 14% in May, a new analysis shows.

New home sales in the Austin region climbed 13.8% to a monthly average of 880, up from 773 in April. It was still less than the 955 homes sold in May 2024, based on the three-month moving average.

The figures are from Dallas-based HomesUSA.

“Austin-area homebuilders have had three consecutive months of increased sales. But pending sales have flattened, which could signal a seasonal peak,” Ben Caballero, founder and CEO of HomesUSA.com, said in a statement.

Pending sales — a key indicator of future sales — rose marginally in Austin, to 1,276 in May from 1,244 in April.

“May’s pending sales — which have flattened — could be telling us the 2025 sales have topped,” Caballero said. “Historically, and most recently in 2023 and 2024, new home sales peaked in May or June in Austin, but this year could be very different if interest rates fall.”

He added: “June and July will tell us if this trend continues or if it is the high point that usually occurs this time of year.”

On the price front, Caballero’s report said the average new home price rose slightly to $493,180 in May from $492,469 in April.

See the rest of the story here.

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