Austins Colony Market Recap: Prices Drop in Rolling Year

What does a 6.8% drop in median home prices mean for Austins Colony buyers and sellers? Over the rolling 12 months ending October 31, 2026, the median close price settled at $260,000, down from $279,000 in the prior period. This decline occurred across 47 closed sales of single-family homes, with prices net of seller-paid concessions. ALEX Intelligence analyzed the full dataset to reveal that while prices softened, market speed remained steady. The median days on market held at 54 days, matching both the prior period and the same window last year. However, the price per square foot dropped 9.6% to $162.09, reflecting a shift toward smaller homes; the median living area shrank by 4.1% to 1,514 square feet. Affordability dynamics also shifted. The ratio of final sale price to original list price improved slightly to 0.95, and 72.3% of homes sold below their original asking price. This indicates that while sellers are still negotiating down from list prices, the gap has narrowed compared to the prior period where 75.9% of sales were below list. With 47 closed sales in a rolling year, this data represents a Tier C market volume. The current inventory stands at 20 active listings, suggesting a balanced environment where supply and demand are relatively stable despite the price adjustments. Buyers have seen median prices dip, while sellers face a market that requires competitive pricing to move homes within the typical 54-day window. Thinking of selling in Austins Colony, Austin? Ask for a free ALEX Intelligence valuation of your home. 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