Southwest Austin: Homes Are Getting Bigger in October

What is driving the shift toward larger homes in Southwest Austin? The data shows a clear trend: the median living area for closed sales reached 3,000 square feet in October. This represents a 5.4% increase from September and a 13.0% jump compared to the same month last year. ALEX Intelligence analyzed the rolling size-band shifts across the local market to identify this pattern. While the median price rose 5.7% month-over-month to $870,000, the average home is now significantly larger than it was a year ago. In October 2025, the median living area was just 2,654 square feet. By October 2026, that figure had climbed to 3,000 square feet. This growth in square footage coincides with a 17.1% increase in median price year-over-year. The market is seeing buyers close on homes that are both more expensive and substantially larger than previous cohorts. This trend suggests a preference for more space in the Southwest Austin area, even as prices continue to climb. The sample size for this analysis includes 13 closed sales in October 2026. While the number of transactions was down 27.8% from September, the composition of those sales points toward larger properties. The median price per square foot actually dipped 8.4% month-over-month to $283.55, indicating that the higher total prices are largely driven by the increase in home size rather than a surge in price per unit area. This shift in home size is a key indicator of changing buyer preferences in the Southwest Austin market. As inventory tightens and prices rise, the demand for larger living spaces remains a dominant factor in recent sales activity. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Based on 13 closed sales in the October 2026. 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