Central Austin Market Heat: Prices Up, Sales Down in October

Deal of the Week

Deal of the Week · 5307 Harmon Ave # 2, Austin TX 78751 · MLS #5642061 · Listed by Team Price Real Estate. ALEX valuation $422,000 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 $485,000 5307 Harmon Ave # 2, Austin TX 78751 · MLS #5642061 Listed at $379,900, 2 bed, 1.5 bath, 1,088 sq ft. Listed 10% below the ALEX valuation; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189791108/5307-Harmon-Ave-2-Austin-TX Lower-middle quartile: $485,000 to $800,000 2003 Woodmont Ave, Austin TX 78703 · MLS #7186898 Listed at $749,000, 3 bed, 2 bath, 1,974 sq ft. Listed 11% below the ALEX valuation; 33% under the local price per sq ft; price reduced 6% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187545425/2003-Woodmont-Ave-Austin-TX Upper-middle quartile: $800,000 to $1,299,000 4324 Far West BLVD, Austin TX 78731 · MLS #5018763 Listed at $1,125,000, 4 bed, 3 bath, 3,013 sq ft. Listed 14% below the ALEX valuation; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1154809480/4324-Far-West-BLVD-Austin-TX Upper quartile: $1,299,000 and up 8512 Rockwood LN, Austin TX 78757 · MLS #4244571 Listed at $1,399,000, 4 bed, 3.5 bath, 2,853 sq ft. Listed 8% below the ALEX valuation; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186788293/8512-Rockwood-LN-Austin-TX

Key figures · Central Austin · October 2026

64 homes sold in Central Austin in October 2026 (down 15.8% on a year earlier).

Median net sale price: $1,178,775 (up 12.2% on a year earlier).

Median price per square foot: $500.

Median days on market: 26.

Median sale price as a share of the original list price: 94.7%.

772 homes for sale now, about 5.2 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.

What does a 25.6% jump in median prices mean for Central Austin buyers when sales volume fell by nearly a quarter? In October 2026, the market showed distinct signs of heat despite fewer transactions closing. The median sale price reached $1,178,775 across 64 closed sales, up from $938,750 in September and 12.2% higher than October 2025. ALEX Intelligence analyzed the supply dynamics to determine market conditions. With 772 active listings and 64 closings last month, the area sits at 5.18 months of inventory. This figure suggests a balanced market leaning slightly toward sellers, as homes are moving faster than in previous periods. The median days on market dropped to 26 days, down 35% from September and 35% from the same time last year. Buyers also faced stiffer competition for pricing power. The median close-to-original list ratio rose to 0.947, up 1.5 percentage points compared to October 2025. While 81.2% of homes still sold below their original list price, that share decreased slightly from the prior year. The average home size also grew, with median living area reaching 2,442 square feet, a 14% increase over September. Current mortgage rates stand at 7.18% based on the Freddie Mac Primary Mortgage Market Survey for the week of November 5, 2026. At this rate and price point, a buyer with a loan amount of $943,020 faces a principal and interest payment of $6,388 monthly. A 3-2-1 buydown could reduce that initial payment to $4,601 in the first year, though it would cost approximately $43,596 upfront. This analysis relies on Unlock MLS data for single-family homes with prices net of seller-paid concessions. The market activity reflects a period where demand remains strong enough to drive prices up even as transaction volume contracts. Want to see this home? Call or text George at 713.918.9951 for a private 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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