Austin Market vs. Neighbors: October Price and Speed Trends

Austin home prices held steady against the broader region in October, with the median sale price reaching $559,000 across 668 closed sales. This represents a 1.4% increase compared to the same month last year, while the regional average for the Unlock MLS area sat at $409,450. The city also demonstrated greater market velocity, with homes selling in a median of 42 days, significantly faster than the 56-day median across the wider region and the 48-day median for Travis County. Price per square foot in Austin remained flat month-over-month at $287, though it dipped 2% from last year's $293. This contrasts with the regional average of $207 per square foot. Sellers in Austin received a median close-to-original list ratio of 93.9%, slightly lower than the regional 93.9% but consistent with the prior month. Nearly 85% of homes sold below their original asking price, a figure that has risen slightly compared to last year. New construction activity remained robust, accounting for 62 closed sales in October. The average home size shrank to 1,913 square feet, down 4.7% from the same period last year. While inventory levels remain elevated with over 4,300 active listings, the faster turnover in Austin suggests continued demand relative to surrounding areas. ALEX Intelligence benchmarked these metrics against peer regions to highlight local performance. The data shows Austin maintaining a premium on price and speed compared to the broader Unlock MLS footprint, even as overall sales volume dropped 18.3% from October 2025. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog