Northwest Austin September Market Pulse

Deal of the Week

12903 Steeple Chase DR, Austin TX 78729
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 $421,000 12903 Steeple Chase DR, Austin TX 78729 · MLS #7776439 Listed at $350,000, 4 bed, 2.5 bath, 1,740 sq ft. Listed 17% below the ALEX valuation; 30% under the local price per sq ft; price reduced 22% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180780416/12903-Steeple-Chase-DR-Austin-TX Lower-middle quartile: $421,000 to $556,000 5107 McKittrick Canyon DR, Austin TX 78759 · MLS #1105833 Listed at $439,900, 3 bed, 2.5 bath, 1,874 sq ft. Listed 15% below the ALEX valuation; 21% under the local price per sq ft; price reduced 20% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182965400/5107-McKittrick-Canyon-DR-Austin-TX Upper-middle quartile: $556,000 to $759,000 16809 Cypress Landing CV, Austin TX 78717 · MLS #8738728 Listed at $565,000, 3 bed, 2 bath, 2,503 sq ft. Listed 8% below the ALEX valuation; 24% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185580505/16809-Cypress-Landing-CV-Austin-TX Upper quartile: $759,000 and up 9008 Harper Rae DR, Austin TX 78717 · MLS #5517796 Listed at $1,299,900, 6 bed, 5.5 bath, 5,028 sq ft. Listed 6% below the ALEX valuation; 12% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182518599/9008-Harper-Rae-DR-Austin-TX

Key figures · Northwest Austin · September 2026

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

Market figures by town

What does a 16.2% jump in median price mean for Northwest Austin buyers and sellers this month? The market posted 115 closed sales in September 2026, with the median home selling for $575,000. This represents a significant increase from the $495,000 median recorded in September 2025, though prices dipped slightly by 0.4% compared to August. The pace of sales has also shifted noticeably. Homes spent an average of 48 days on market, a 140% increase from the 20 days seen in August but still 11.1% faster than the 54 days recorded last September. This suggests that while the summer rush has cooled, demand remains stronger year-over-year. Buyers are currently negotiating slightly less aggressively than last month. The median sale price reached 94.7% of the original list price, down from 96.4% in August but up from 91.7% a year ago. Additionally, 80% of homes sold below their original asking price, compared to 74.2% last month and 86.4% last September. With 448 active listings and 3.07 months of inventory, the market remains balanced. ALEX Intelligence analyzes these KPIs to show that while prices are rising year-over-year, the pace of sales has normalized compared to the summer peak. 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
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=115
Cover photo: New home in northwest Austin, Texas by Matthew Rutledge from Seattle, WA, CC BY 2.0, 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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