Austin New Listings vs Closings: The Supply Gap in October

Deal of the Week

Deal of the Week · 3600 Batson DR, Austin TX 78725 · MLS #4590448 · Listed by SpecTower Realty Group. ALEX valuation $275,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $390,000 3600 Batson DR, Austin TX 78725 · MLS #4590448 Listed at $249,990, 3 bed, 2 bath, 1,464 sq ft. Listed 9% below the ALEX valuation; 42% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179227424/3600-Batson-DR-Austin-TX Lower-middle quartile: $390,000 to $570,000 11901 Buzz Schneider LN, Austin TX 78748 · MLS #5652889 Listed at $439,900, 5 bed, 3 bath, 2,569 sq ft. Listed 6% below the ALEX valuation; 42% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183839246/11901-Buzz-Schneider-LN-Austin-TX Upper-middle quartile: $570,000 to $865,000 1505 Corsac WAY, Austin TX 78758 · MLS #4310350 Listed at $614,990, 4 bed, 2.5 bath, 2,242 sq ft. Listed 9% below the ALEX valuation; 11% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184567803/1505-Corsac-WAY-Austin-TX Upper quartile: $865,000 and up 651 Bird HOLW, Austin TX 78737 · MLS #3172648 Listed at $899,900, 4 bed, 3.5 bath, 3,112 sq ft. Listed 9% below the ALEX valuation; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187423499/651-Bird-HOLW-Austin-TX

Key figures · Austin · October 2026

593 homes sold in Austin in October 2026 (down 14.8% on a year earlier).

Median net sale price: $580,000 (up 1.0% on a year earlier).

Median price per square foot: $273.

Median days on market: 46.

Median sale price as a share of the original list price: 94.4%.

4,257 homes for sale now, about 4.4 months of supply at the pace of the last six months.

Source: Unlock MLS, October 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

Austin's housing market faced a widening supply gap in October as new listings outpaced closings by a significant margin. The data shows 1,030 new homes entered the market while only 593 properties successfully closed sales. This imbalance contributed to an active inventory of 4,257 homes currently for sale, representing 4.42 months of supply based on the trailing monthly closing rate. ALEX Intelligence analyzed the dual-axis trend of supply and demand events to highlight this shift. The volume of new listings increased compared to the prior month's 1,160, while closed sales dropped from 683 in September to 593. This divergence suggests a temporary accumulation of inventory as buyer activity slowed relative to seller entry. The median sale price for these 593 transactions settled at $580,000, down 4.0% from the previous month and up 1.0% from October 2025. The average home size also contracted slightly, with a median living area of 2,101 square feet compared to 2,162 in September. While the number of new listings remains robust, the pace of closings indicates that buyers are taking longer to finalize deals or are waiting for more favorable conditions amidst the increased stock. The market dynamics reflect a transition where supply is growing faster than demand absorption. With nearly double the number of new listings compared to closed sales in a single month, the balance is shifting toward a more buyer-favorable environment, though prices remain resilient year-over-year. 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

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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