Market Intelligence Report — TX-420

Austin, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-06
As of the latest 2026 data
Cooling

Median Listing

$474K
-9.8% YoY

Pending Ratio

0.34
+3.7% YoY

Active Inventory

12,456
-5.0% YoY

Median DOM

63 Days
+8.7% YoY

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The Austin-Round Rock-San Marcos metropolitan area is currently exhibiting a Cooling market condition, with a pending ratio of 0.34 indicating that demand is not absorbing available inventory at a rapid pace. This is further underscored by a near 10% year-over-year decline in the median listing price, reflecting sustained price adjustments.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Austin market right now.

Active listings have contracted by 5.0% year-over-year, while new listings remained relatively stable with a 0.3% increase over the past year. The median listing price has seen a notable decline of 9.8% year-over-year, alongside an 8.2% year-over-year decrease in median price per square foot. The pending ratio, at 0.34, shows a modest 3.7% increase year-over-year, but from a low base, signifying that the pace of transactions remains subdued relative to available supply.

Texas capital with a still-cooling tech-fueled market and renewed buyer leverage.

Alex Hernandez-Bobrow
Keller Williams Realty

Local pricing and inventory dynamics across Austin shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$474K-0.3% MoM

Active Inventory

12,456-5.0% YoY

Days on Market

63+8.7% YoY

Sold Score™

39+3.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this Cooling environment, the pace of transactions is slower, and inventory pressure favors more deliberate negotiations. While the year-over-year pending ratio saw a slight uptick, the overall level still suggests that properties are remaining on the market longer, with median days on market increasing by 8.7% over the past year. This dynamic creates an environment where price discipline is critical for sellers, and opportunities for negotiation may be more prevalent for prospective purchasers.

Luxury Segment

The average listing price in the Austin-Round Rock-San Marcos area has declined by 8.3% year-over-year to $726,864, outpacing the 9.8% year-over-year decline in the median listing price. This indicates a weakening performance at potentially higher price points within the market, suggesting some softness in the luxury segment where a larger spread between average and median pricing may often be observed and an environment of price reductions being more prevalent.

Supply Dynamics

12,456 active listings represent the current floor, with new supply arriving at roughly 3,926 per month.

Pricing Pressure
27.6%

of active listings carry a price reduction, -5.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.2% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

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Metro Demographics

MSA Population
2.3M
Metro Area
Austin–Round Rock
CBSA Code
12420
State
TX

ZIPs in Austin, TX

Sorted by active inventory · click a ZIP for its full report

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Analysis FAQ
  • What is the current market condition in Austin?+

    As of the latest 2026 data, the Austin metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 63.

  • Are home prices dropping in Austin?+

    Median listing price is $474K, -9.8% year over year. 27.6% of active listings carry a price reduction.

  • How fast are homes selling in Austin?+

    The typical listing sits 63 days on market, a +8.7% change YoY. New listings are arriving at 3,926 per month.

  • What's happening in the Austin luxury market?+

    The average listing price in the Austin-Round Rock-San Marcos area has declined by 8.3% year-over-year to $726,864, outpacing the 9.8% year-over-year decline in the median listing price. This indicates a weakening performance at potentially higher price points within the market, suggesting some softness in the luxury segment where a larger spread between average and median pricing may often be observed and an environment of price reductions being more prevalent.

  • Where can I find a trusted Austin real estate expert?+

    Primpted maintains a vetted registry of Austin agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 12420 · 36mo history