Austin real estate spring 2025 is here. Now is the time for homeowners to step on the gas if they want to participate in this market. Just like flowers, buyers bloom this time of year. ‘Tis the season for selling real estate, but are buyers going to buy?
Buyers drive the market. We’ve hit the five-year anniversary of the pandemic and the second coming of the wild west, at least here in Austin. In those days, buyers were speeding to look at houses for sale, and racing to submit an offer to try and get a seat at the table.
Buyer Bloom: Will They Buy in 2025?
As interest rates rose, the market hit a speed bump and buyers slowed. The inventory caught up to demand, but then kept growing. Supply has now surpassed the need. Inventory will continue to grow as sellers enter the spring market. You gotta be in it to win it, but you need to know how to play 2025’s game.
We all grew up with things we weren’t allowed to touch. They had the same utility as other items, but these were special. They were ‘for show’. Some were taken out for guests to appreciate at certain times of the year. Others were on display, but nobody was allowed to touch them. They sat there waiting to be dusted and often forgotten about because nobody was ever really allowed to enjoy them.
Winning the 2025 Real Estate Game: Attracting Today’s Buyers
As a seller, you don’t want to be that house. The one sits on the market because it is overpriced, and your market can’t afford it. They can’t enjoy it. How to play the game in 2025 is not just to meet the market where it is, but to best it. Sellers need to let the market come to them by being the dream home that buyers are searching for.
The Market’s Gold Standard: Value Drives Sales
The market is looking for gold right now. While there is a lot of inventory to sift through, some do sparkle and shine. Houses showing value sell. Some are selling for over the list price. Buyers decide what’s dripping in gold and how much of it they see.
Sellers need to be on the market, or slightly below it. Don’t be ‘for show’. Be ‘for sale’ or dare I say, ‘on sale’. Don’t sit on the market letting buyers pass by. Those things ‘for show’ aren’t always worth more. As time goes by, they are often worth less.