East Austin: How List Prices Compare to Final Sells in September

Deal of the Week

508 Red Tails DR, Austin TX 78725
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 $334,000 508 Red Tails DR, Austin TX 78725 · MLS #4740040 Listed at $220,000, 3 bed, 2 bath, 1,740 sq ft. Listed 16% below the ALEX valuation; 57% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186578457/508-Red-Tails-DR-Austin-TX Lower-middle quartile: $334,000 to $490,000 2101 Rivers Edge WAY # 32, Austin TX 78741 · MLS #6319153 Listed at $339,000, 3 bed, 2.5 bath, 1,488 sq ft. Listed 11% below the ALEX valuation; 23% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178436927/2101-Rivers-Edge-WAY-32-Austin-TX Upper-middle quartile: $490,000 to $686,000 3409 Lakeside DR, Austin TX 78723 · MLS #5654948 Listed at $599,000, 4 bed, 3 bath, 3,062 sq ft. Listed 18% below the ALEX valuation; 34% under the local price per sq ft; price reduced 28% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184438510/3409-Lakeside-DR-Austin-TX Upper quartile: $686,000 and up 2302 E 9th ST, Austin TX 78702 · MLS #8286019 Listed at $899,900, 4 bed, 2.5 bath, 2,369 sq ft. Listed 14% below the ALEX valuation; 30% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184781802/2302-E-9th-ST-Austin-TX

Key figures · East Austin · September 2026

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Market figures by town

In East Austin, the gap between asking and selling prices widened slightly in September. Across 95 closed sales, homes sold for a median of $490,000, which represents 93.9% of the original list price. This is down from 94.5% in August and compares to 93.2% in September 2025. The metric known as the close-to-original-list ratio measures how much of the initial asking price a seller ultimately receives. A ratio below 100% indicates that buyers negotiated a discount, while a ratio above 100% suggests bidding competition drove prices higher than the list. In this market, 88.4% of homes sold for less than their original list price. ALEX Intelligence analyzed the pricing trends to show how negotiation power has shifted. The median close-to-original-list ratio dropped by 0.6 percentage points compared to the prior month and rose 0.8 percentage points year-over-year. While prices remain higher than last year, the slight dip in the ratio suggests buyers have regained some leverage to negotiate below the asking price. This data reflects a market where listing strategies matter more than ever. With median days on market rising to 54 days, sellers may need to price competitively from the start to avoid prolonged negotiations or price reductions later. The current trend shows that while homes are selling, the final price often falls short of the initial sticker price by about 6 cents on every dollar listed. 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
MIT, Nvidia, Google, AWS & IBM-Trained. Cross-Domain Expert. Castor Venture Club.
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et al.
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Source data: Unlock MLS closed sales, September 2026, n=95
Cover photo: Anderson Stadium Austin Texas 2022 by Larry D. Moore, CC BY 4.0, 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
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