Howdy Ags, my name is Thomas Alaniz, and I'm going to be covering the Bryan-College Station market this summer while interning with Red Pear Realty.

BCS housing data for the month of May:

BryanCollege Station Market Update May 2025




Sales Activity: Bryan-College Station's housing market thrived in May 2025 with 381 homes sold, totaling $158.3 million in sales volume and an average price of $415,455, reflecting strong demand across all price ranges.

Mid-Range Homes Lead the Market: The $300,000-$349,999 price range saw the most sales (70 homes), making it the sweet spot for buyers, while the luxury market ($1M+) remained active with 16 sales.

Brazos County Drives the Region: Brazos County accounted for 290 sales and 405 new listings, with an average price of around $405,000 and a faster DOM of 101, showcasing its dominance in the regional market.

Strong Rental Demand: The rental market leased 356 units at an average price of $1,670, with high demand for 3-bedroom homes ($1,886 average) and affordable rentals in the $1,000-$1,250 range (57 leases).

Price Growth Continues: The average home price in May 2025 ($415,455) rose significantly from April's $348,480 and 2024's $389,895, signaling sustained appreciation in the Bryan-College Station housing market.


A bit more about myself:

• Finance major at Texas A&M University
  
• Member of the Business Honors Program and the Commercial Banking Program
  
• Member of the new Aggie Real Estate Club
  
• Summer intern with Jamie Poirier, working with:
  

• Red Pear Realty (residential brokerage)
  
• Poirier Homes (luxury residential development)
  

As a member of the Business Honors Program, I've had the opportunity to participate in exclusive professional development events, including speaker series with high-level executives and networking opportunities with professionals from a wide range of industries across the business world

Another organization that I'm a member of is the Aggie Real Estate Club, a newly established organization at Texas A&M University dedicated to educating students in both commercial and residential real estate. With strong support from the university, the club aims to equip Aggies with the knowledge and industry exposure needed to be career-ready upon graduation matching the caliber of real estate programs at schools like UT Austin and SMU.

We're always looking to connect with former students and industry professionals willing to share their experience and insights at our meetings. If you're interested in speaking to our members or getting involved, feel free to contact me at thomas@myredpear.com

Finally, I wanted to share that there has been ongoing discussion within Mays about introducing a real estate minor and potentially a major in response to growing student interest and industry demand. t.u. has an undergrad major of Real Estate Finance and Development already, so it would be nice to eventually have something similar as an undergraduate that would also pair well with and even lead into our own Masters of Real Estate program at Mays.


What do you think?

The closest thing we have to a Real Estate major is AGEC with an emphasis in Finance and Real Estate. But there's no exposure to higher level financial analysis or land development. The appraisal course they offer is a great introduction, but it never really goes beyond that when it comes to learning how to value properties.

I'd absolutely recommend A&M have a real estate major.

Heineken-Ashi said:

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The closest thing we have to a Real Estate major is AGEC with an emphasis in Finance and Real Estate. But there's no exposure to higher level financial analysis or land development. The appraisal course they offer is a great introduction, but it never really goes beyond that when it comes to learning how to value properties.

I'd absolutely recommend A&M have a real estate major.

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I spoke with Dr. Peterson a few months ago and A&M/Mays is actually trying to stand up a bachelors in REF. Not sure if the timing though

Austin-Round Rock-San Marcos

May 2025 Central Texas Housing Report

Quote:

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Clare Knapp, Ph.D., housing economist for Unlock MLS and the Austin Board of REALTORS, shared that the data reflects healthy market adjustments that could ultimately lead to more balanced conditions for buyers and sellers.

"At some point, a slowing market can motivate sellers to adjust prices to better align with what buyers can afford. We're seeing that dynamic begin to unfold in Central Texas. It's not that demand has disappearedbuyers still want homes here, but affordability remains a key factor. Many are waiting for the right opportunity or more favorable pricing. The notable increase in pending sales in May signals that buyer activity has picked up after a challenging first quarter. While higher mortgage rates continue to impact buyer confidence, these trends point to cautious optimism as we move into the summer."

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Things are starting to pick up for me in the Austin market! One of our repeat Ag clients closed on a home in Brushy Creek this past month and earned over $14,000 in a buyer's rebatejust for being a Red Pear Realty client.

I also recently submitted an offer on a home in Lago Vista for one of my client's parents. They're relocating from Florida, and if everything lines up, they'll walk away with over $6,800 back at closing. And just this week, I had an Austin Ag reach out about pricing a home in Balcones Woodsthat conversation is still unfolding, but we'll see where it leads.


Here's a quick look at the latest trends in the Austin area:

• Median Sales Price: Prices are down 1.6% year-over-year (YOY) to $449,900. The Greater Austin Area is down 18.2% from it's peak back in May 2022 when the median sales price was $550,000.
• Closed Sales: Down 3.8% YOY to 3,021.
• Active Listings: Increased 17.4% YOY to 14,673, meaning more inventory and a slight shift toward a buyer's market.
• Pending Sales: Increased by double digits to 16.1% YOY to 4,515. We'll see how this affects inventory next month.
• Months of Inventory: Currently at 5.0 months, a decrease MOM (0.6 months) and 1 month higher YOY..
• Average Close to List Price: Buyers are getting deals as sellers have been accepting 94.6% of their list price. That's a savings of $27,000 on a $500,000 home over previous years!

Austin-Round Rock-San Marcos


Bastrop County


Caldwell County


City of Austin


Hays County


Travis County


Williamson County


Austin-Round Rock-San Marcos LEASES

NORTH TEXAS

• A tale of 2 cities?
• Seems like counties east of DFW Airport are showing price declines and those to the west are showing price appreciation.
• Its tough for sellers out there, inventory continues to rise with Days on Market now approaching 90 and inventory sitting at 4.7 months.
• Closed sales are down 2.5%, even with the continued growth in inventory, decreasing median price by 2.2%
• How low will prices go? Nobody knows, but its not all doom and gloom. Acting as a dam to supply is the shear number of homeowners sitting on a sub 4% mortgage rate. Unless people are forced to sell that should hold true. I rather be in Texas holding Real Estate than anywhere else. We've been lucky in terms of tailwinds and that should continue as well.
• However, new home building permits are at all time highs, on par with pre-GFC levels.