In May, new listings in the Austin-Round Rock-San Marcos MSA rose 8.9% to 5,716 listings, increasing housing inventory to 5.0 months, 1.0 month more than May 2024, according to the latest Central Texas Housing Report released by Unlock MLS. At the same time, home sales dipped 3.8% to 3,021 sales, while the median sales price edged down 1.6% to $449,900. Despite modest declines in sales and prices, the market is showing signs of resilience as pending sales climbed 16.1% to 4,515—the strongest month of the year so far.