Central Austin October Market Recap and Outlook

Deal of the Week

5307 Harmon Ave # 2, Austin TX 78751
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

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.

Market figures by town

What does a 25.6% jump in median price mean for Central Austin buyers and sellers? In October 2026, the market saw a sharp divergence where fewer homes sold but at significantly higher values. ALEX Intelligence analyzed 64 closed sales to determine that the median close price reached $1,178,775, up from $938,750 in September. This surge occurred alongside a 23.8% drop in sales volume, suggesting that only the highest-priced properties are closing in this period. The speed of transactions also accelerated notably. The median days on market fell to 26 days, down 35% from the prior month and matching the improvement seen year-over-year. Homes sold for a median of 94.7% of their original list price, a slight increase over last October's 93.3%. This indicates that while competition remains intense for available inventory, buyers are paying closer to asking prices than they did previously. Larger homes continue to dominate the sales mix. The median living area grew to 2,442 square feet, up 14% from September and 13.2% higher than last October. This shift toward larger footprints correlates with the price increase, as properties exceeding $2,120,000 now define the top tier of sales in this area. With 775 active listings currently on the market, inventory remains tight relative to the reduced pace of closings. The data reflects a market where high-value transactions are driving current metrics. While the median price per square foot rose to $500.50, the overall volume contraction suggests caution for those expecting sustained monthly gains without new supply. The October figures set a high baseline for the remainder of the year, with prices well above the 12-month average despite the lower transaction count. 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
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS closed sales, October 2026, n=64
Cover photo: Aerial - North central Austin, Texas 01 by Joe Mabel, CC BY 3.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov