In the wake of the pandemic-induced housing boom, Austin, TX, has transitioned into a buyer's market, marking a significant shift from its previous status as a seller's domain. The city, once synonymous with bidding wars and rapid sales, is now experiencing a surplus of listings and decreasing prices, enhancing affordability for potential homebuyers. The shift in Austin reflects a broader trend in real estate, showcasing the pendulum swing between seller and buyer advantage across different markets, according to the August 2025 Monthly Housing Market Trends report.
Renovated, well-priced homes in the Boston suburbs and parts of the Boston condo for sale market are actually selling into a quasi-seller's market, while properties that haven't been updated in a number of years, or are priced too high, are stuck in a much larger sort of buyer's market. Cash and international buyers, which often are one and the same, are the biggest drivers of the sustained demand for luxury homes in the city.
