Market Update…March
As we move into spring, the real estate market in Hays County is heating up along with the temperatures. March has given us a clearer picture of buyer demand, inventory shifts, and interest rate trends, and all signs point to an active spring market ahead. Whether you're buying or selling, here's what you need to know about the current market and what to expect in April.
Hays County Market Snapshot – March 2025
1. Home Prices & Inventory
Median Home Price: Prices have remained steady, with a slight increase from February, reflecting the growing demand as we head into the busy season.
Inventory Levels: More homes are hitting the market, giving buyers more options, but well-priced homes are still selling quickly—especially in desirable neighborhoods.
Days on Market: Homes are moving faster than they did in winter, averaging around 30-45 days, depending on price and location.
2. Buyer Demand & Interest Rates
Mortgage rates have remained a key factor, with some buyers rushing to lock in rates before potential future increases, while others are waiting to see if rates will drop further.
More buyers are entering the market, especially first-time homebuyers and move-up buyers, now that spring is in full swing.
Multiple offers are back in some areas, particularly for homes that are well-priced and move-in ready.
3. Seller & Buyer Trends
Sellers are preparing their homes earlier, knowing that spring is peak selling season. Homes that are priced right and well-presented are selling quickly.
Buyers are looking for value, prioritizing updated homes, good locations, and homes offering incentives like rate buy-downs or closing cost assistance.
What to Expect in April
As we move into April, expect the market to gain even more momentum. Here’s what buyers and sellers need to prepare for:
For Sellers:
Competition will increase, so pricing and presentation matter more than ever. A well-staged, competitively priced home will attract more interest and offers.
Buyers are more active, but they are also being selective—negotiation strategies and a strong marketing plan will be key.
Work with a trusted local Realtor who understands the market and can guide you through pricing, negotiations, and marketing strategies to maximize your sale.
For Buyers:
More inventory means more options, but don’t wait too long to make a move—good homes are still selling fast.
Have financing ready and be pre-approved so you can act quickly when you find the right home.
Consider seller incentives like rate buy-downs to help offset higher mortgage rates and make homeownership more affordable.
Spring 2025 is a Great Time to Buy & Sell in Hays County
With demand increasing and more homes hitting the market, April is shaping up to be a prime time to make a move. Whether you're buying or selling, having a knowledgeable, local expert by your side can make all the difference in navigating the market with confidence.
Thinking about selling your home this spring? Looking for the right home to buy? Let’s connect and make your move a success! 🏡✨