August 2025 Market Update: Is the Buyer Comeback Real
By Krishna Perkins – Maverick Homes and Neighborhoods
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A Conversation That Sparked This Month’s Report
This month’s market update started with a chat I had with a buyer named Laura. She’s been feeling nervous about entering the market and had a lot of questions. Our conversation led me to pull a unique data point I don’t normally start with — a Google Trends search for “Homes for Sale in San Antonio, TX.”
What I found was telling: after a long decline that lined up with the Fed’s rapid interest rate hikes, searches for homes are now trending upward again. This suggests that buyer curiosity — and possibly demand — is beginning to return, even before any official rate cuts.
Key August 2025 Market Highlights
📈 Buyer Interest
- Google Trends shows a noticeable uptick in “homes for sale” searches in San Antonio.
- The pattern matches a nationwide shift, hinting at growing pent-up demand.
🏠 Inventory Levels
- 5.54 months of inventory — up 4.9% from last month and 14.2% year-over-year.
- More turnkey, renovated homes available alongside builder inventory.
- Buyers have more choices than we’ve seen in months.
💵 Prices & Sales Activity
- Median Sold Price: $306,995 (+2% month-over-month)
- Sellers are getting 97.8% of asking price on average.
- Median days on market: 43 days (down slightly from last month).
- Active listings: 9,429 properties, many with potential for negotiation.
📝 New Listings & Pending Sales
- Newly listed homes: $300,000 median list price (down 3.2% from last month).
- Pending sales are down compared to last year — highlighting the need for strategic pricing if you’re selling now.
What This Means for You
For Buyers:
- There’s more inventory to choose from and still-motivated sellers, especially for homes that have been on the market over 30 days.
- Rates have inched down slightly, and a Fed cut in September could bring more competition — acting now could give you an edge.
For Sellers:
- The right pricing strategy is critical.
- Homes priced correctly are selling close to asking price and moving faster.
- If you plan to sell and buy another home, this market could give you the leverage to find your next place while selling at a strong price.
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