Austin October Market Pulse: Sales Drop, Prices Dip

Austin home sales slowed noticeably in October as the market moved from a peak earlier in the year. Closed transactions dropped 12.7% compared to September, with 722 homes selling across the city. This follows a pattern where activity typically cools after the summer surge, though sales remain higher than the same month last year. The median sale price settled at $550,000, down 4.3% from September and just 0.2% below October 2025 levels. This represents a stabilization after several months of gains. The average home size also shrank slightly, with the median living area falling to 1,916 square feet, down 3.7% from the prior month. Days on market improved as homes sold faster than in September. The median time to close dropped to 42 days, an 8.7% decrease from the previous month and 17.6% faster than last October. Despite the quicker turnover, price competition remained steady; 94% of homes sold at or below their original list price, a figure consistent with recent months. ALEX Intelligence analyzed these 722 closed sales to track how quickly properties are moving relative to inventory levels. With 4,317 active listings and 722 closings in October, the market held approximately 4.5 months of supply. This balance suggests neither a severe shortage nor a glut, allowing buyers and sellers to negotiate within a stable range. 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