MRG is excited to bring you the May 2025 real estate market update for the Mueller neighborhood, where we break down what’s happening with both townhomes and single-family homes. Whether you’re thinking about buying or selling, these insights can help you make confident decisions.

Townhome Market Highlights

• Median Sale Price: $855,000
  Townhome prices in Mueller ticked up slightly compared to last year. This makes sense given that many of May’s closings were properties that went under contract in April.

• Inventory: 4.1 months
  With 15 active listings and only 5 closed sales in May, buyers have plenty of options. If you’re listing your home, be prepared to stand out.

• New Builds in the Mix:
  A large portion of the townhomes that sold were newer builds - many constructed in 2024. These properties are selling very close to list price, showing strong demand for move-in-ready homes.

• Advice for Sellers:
  In a market with over four months of inventory, the two things you can control are condition and price. Buyers today are leaning toward homes that don’t require extra work. If you want to attract serious offers, make sure your property shows well and is priced competitively.

Single-Family Home Market Highlights

• Median Sale Price: $805,000
  While the median price per square foot climbed to $453 (a healthy number), the overall median sale price was slightly lower, likely because the homes that sold were a bit smaller - around 1,700 square feet on average.

• April Comparison:
  In April, the median price per square foot was $438, and the homes were closer to 2,000 square feet.

• Inventory and Activity:
  The single-family segment mirrors the townhome market with about four months of inventory and 13 active listings. Overall, sales remain slow, partly due to economic factors affecting buyer confidence.

Why Is Activity Slower?

The broader U.S. economic outlook is creating some headwinds. Tariffs are impacting the bond market, which affects mortgage interest rates. Anytime there’s uncertainty, buyers tend to take a pause. That said, it’s important to remember buyers are still buying - they’re just more selective about what they’re willing to purchase.

Key Takeaways for Sellers

• Condition Matters: Buyers are gravitating toward homes that feel turnkey. If you’ve been thinking about sprucing up your property, now’s the time.

• Price Smart: With multiple options on the market, a strategic price is essential to generate interest quickly.

We’re here to help you navigate these dynamics and position your home to attract the right buyer.

If you’re considering selling or just want to better understand what your home could be worth in today’s market, reach out to us anytime. And if you’re a buyer trying to make sense of your options, we’d love to guide you.

Thanks for tuning in - see you next month with another update!

Ready to talk about your real estate plans?
📞 Call or text us at (512) 829-1351
🌐 Visit muellerresidentialgroup.com