"Central Texas housing market holds steady in October with balanced inventory and rising pending sales"

Happy Thanksgiving to you and yours. According to the October Central Texas Housing Report released by our MLS provider, pending sales increased 5.8% to 2,463 sales, and inventory ticked up to 5.3 months across the Austin-Round Rock-San Marcos MSA. Marking the seventh straight month of price stability, median sales prices rose 1.4% year over year to $439,000, while closed sales dipped 9.6% year over year to 2,238 sales across the MSA.

***The Central Texas Housing Report is generated from the previous months sales in the middle of the following month by our MLS. We choose to name our "Market Update" for the month we send it. 

***For buyer's and seller's, inventory is up and rates are going down slowly. Get prepared to buy or sell if you have been waiting! Contact us for guidance.

"How Mortgage Rates are Set"

The Fed's bank rate effects short term borrowing, like credit cards and car loans. The Fed doesn’t directly set mortgage rates. Instead, they’re influenced by several factors, from the Fed’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation.

Mortgage rates generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.

***The key to lower mortgage rates will be decreasing inflation and a steady but not overheated job market.

"Average Texas mortgage rates for November 24, 2025"

Artificial Intelligence says a 30-year rate fixed Texas mortgage is approximately 6.05% to 6.44% APR today, while a 15-year fixed mortgage is around 5.57% to 5.72% APR. Rates can vary by lender and specific loan terms. "Our opinion and always advice, get a quote or 3, we have good options."

"Pfau & Company Realtors Buyer Needs"

Seeking a larger wildlife ranch, between 200 and 500 acres in Burnet County. High fencing and established wildlife program a big plus. Trees and rolling terrain with surface water is necessary.

We have a buyer seeking a non-Sun City 55+ neighborhood in the G-town, RR, or North Austin areas and another buyer seeking to stay under $420,000 in the Liberty Hill, Leander, G-town West areas, let us know. Both have evaluated current inventories.

"We've been busy doing business, volunteering and playing"

We really hope the market is finally seeing prices begin to stabilize and once mortgage rates drop earnestly, watch out. Our buyer and seller pipeline is primed and waiting. C.J. is a official election judge in Burnet County and spent several days working on the recent state election, which means I support her as I can. Say thanks to the polling volunteers every time you vote, they work hard for democracy. As far as play goes, watching Georgetown High in the football playoffs has been fun, and as usual I've had some cool wildlife encounters at the ranch along with a motorcycle date night with C.J. last week at Dahlia's. Having fun!

We have been in the real estate business for over 35 years each, and still honored every time we receive a personal referral, or a testimonial like this one. 

Debra Larson

Team Pfau did a wonderful job on the sale of our home. They were reliable and very responsive. Their knowledge and expertise were excellent. We would highly recommend them.

Pfau & Company Realtors

Debra, thank you so much for your 5 star review. We really do appreciate the opportunity you and Steve gave us to get your house sold. We wish you guys well in the future.

Our Listings!

Historically Designated Home In "Old Town" - 810 E. University Avenue, GTown

This spectacularly landscaped property is situated on a premier "Old Town" lot. Watch the world go by from the large front porch as it has been enjoyed through many decades. This gorgeous historic home built in 1925 was owned by Henry Meyer Dean of the school of music at South Western University. The living spaces are larger, ceilings high and the home is designed to provide wonderful views from every space. The home has 2 central units creating 2 separate zones. The kitchen is the hub of the home and boasts a lot of storage and a great breakfast bar. A 2 car carport with attached garage/workshop provides ample space for vehicles and lots of cabinets and storage in the attic. Another outbuilding is the perfect home for lawn equipment and a potting shed. The rear of the property backs to 13th Street and the back driveway is perfect for a large RV or travel trailer. The yard boasts giant old oak and pecan trees and a meticulously sculpted landscape with multiple layers of flowering plants, all nurtured by the full irrigation system. There is also a side porch and back porch with extended deck to enjoy the beautiful back yard. Located on University Avenue just catty-corner of South Western University, walking distance to the Square and the courthouse and all things cool in Georgetown.

View the tour at www.810EUniversity.Info. Listed at $795,000.

Texas Traditions - Texas Stone Home

125 Sabine Dr., Georgetown, TX

We wanted to share some details about this beautiful "Texas Stone" home built by Jimmy Jacobs, located in the 55+ Hill Country Community of Texas Traditions. This home offers an open living concept with a versatile floorplan, including two bedrooms and an additional office or hobby room. The living room features a welcoming gas log fireplace and excellent views of the backyard. The large kitchen includes a breakfast bar and a dining area with views of the front yard. A spacious owner's suite completes the interior. Outside, you'll find a large covered back porch and extended open patio with Arizona flagstone, perfect for enjoying the gorgeous landscaping. The home is nestled on a heavily treed lot with an irrigation system to maintain its lush appearance. Recent updates include seamless gutters and new shingles installed in 2023, and a new hot water heater in April 2024. The main living spaces features real Mesquite hardwood flooring. Texas Traditions is conveniently located just minutes from Georgetown's attractions, including Lake Georgetown, San Gabriel Park, the Blue Hole, the hike and bike trail, shopping and the "Most Beautiful Town Square in Texas".

View the tour at www.125Sabine.Info Listed at $299,999 and Contract Pending!

The Perfect Place to Build Your Lake House On Lake LBJ.

Recently Listed for Sale - Lot 3-940 Euel Moore, Kingsland, Texas 78639 -- This is a rare waterfront lot in Kingsland on gorgeous LBJ, a constant level lake. Kingsland has an HEB, many restaurants and is where the Llano and Colorado Rivers converge, providing spectacular natural scenery as well as big water all the way down to Horseshoe Bay and Wirtz Dam. Head up the Llano towards The Slab for sandy beaches and granite rock outcroppings, explore the Colorado and its' summer camp vibe or find a cove or join the party at a sand island. Dock for food and beverages at Wakepoint LBJ or Boat Town Burger Bar from your future lake house. Big features include 4 completed boat slips with 4 locking storage units and power, creating the perfect place, architectural designs and building plans for a 2400 sq. ft. home. HOA fees are for driveway and channel maintenance. The canal was recently dredged and the is approximately 100 yards to open water. Not Builder Restricted.

View the tour at www.Lot3-940EuelMoore.Info Listed at $299,000 REDUCED!

INVESTOR SPECIAL

604 S. Vandeveer St., Burnet, TX

This is a candidate for an extreme makeover. Good bones but not currently habitable. Super lot close to the square with lots of big trees. Cash only deal. - SOLD!

Home Building Site Hills Of Shady Grove



Lot 24, Andy's Pt., Burnet, Texas

We are excited to share a fantastic opportunity with you: a large corner lot with gorgeous views and native trees as The Hills of Shady Grove. This peaceful hill country community is nestled into rolling hills and conveniently located close to shopping, Burnet schools and the Highland Lakes. City water and sewer are available. You'd be hard pressed to find a better lot value in such a nice location.

Listed at $48,000

Outdoor enthusiasts, this is your West Texas Base Camp!

Located along the historic Texas Mountains Trail in Limpia Crossing, this 10 acre mountain side property offers mile high views. Native trees and flora, wildlife, and star gazing opportunities abound under the dark skies. Protection under the International Dark Sky Reserve ensures you'll have a stellar night sky view, and wild auodad and mule deer have paved rough trails up the mountain for you. Davis Mountains State Park is just five miles away, with great hiking and biking trails. A ten minute drive into historic Fort Davis is where you will find a well stocked grocery story, specialty market, gas and restaurants. Marfa and Alpine are both less than 30 minutes away, and more great hikes are nearby at the Chihuahuan Desert Center and the Davis Mountains Preserve. Visit neighboring McDonald Observatory for more advanced views of the universe, swim the cool spring fed waters at Balmorhea State Park, or use this as your base camp for the Big Bend area less then 2 hours away. The road and building site were improved in 2023. There is power access at the road, an yes, StarLink works here for internet service (even if the map shows it doesn't). Limpia Crossing Property Owners Association has reasonable restrictions that ensure minimal night time lighting and regular community road maintenance. Listed at $105,000.



Visit our Website!

You can not imagine how proud we are to have served our clients for over 35 years now! The relationships we have built have become our motivating force, making work fun.

Please remember if you have any questions about purchasing or selling real estate either now or in the future, call us to discuss your plans and we can help you with your plan.

Jon & C. J. Pfau

If anyone you know might need help with buying or selling or just want to get monthly information for real estate, our link to our newsletter is below. Send it to friends and family. We won't bother anyone but we will give them monthly updates on the market for their own knowledge.

Pfau & Company News Letter Sign Up Here.

Our Business is delivering Exceptional Realty Service -

far exceeding expectations,

grateful to give our best.

Jon: 512-635-0232

C.J.: 512-415-0583

Email: Pfaucorealtors@aol.com