Northwest Austin Inventory Signals Buyer Leverage in September

Is the market shifting toward buyer leverage? In Northwest Austin, months of inventory reached 3.1 in September based on 112 closed sales. This figure represents the time it would take to sell all current listings at the current sales pace. A reading near 3.0 typically signals a balanced market, though the recent trend suggests a slight tilt toward buyers as supply accumulates faster than demand. The median closing price settled at $573,500, down 0.7% from August and up 15.9% compared to September 2025. While prices remain significantly higher year-over-year, the month-over-month decline coincides with a sharp increase in days on market. Homes took an average of 46 days to sell, a 130% jump from the previous month and a 14.8% decrease compared to last September. This elongation in selling time often precedes further price adjustments as sellers compete for fewer active buyers. ALEX Intelligence calculated the months of inventory by dividing the 451 active listings by the monthly sales rate of roughly 112 homes. With 3.1 months of stock available, buyers now have more selection and negotiating power than in the tight market conditions seen earlier this year. The data indicates a transition where supply is growing while transaction velocity slows, creating a window for strategic purchasing before inventory levels stabilize. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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