Provence vs. Neighbors: A Market Comparison

How does Provence compare to its broader neighbors when looking at a full year of activity? The data shows a distinct market profile where local prices significantly outpace regional averages. In the rolling 12 months ending October 31, 2026, the median closed price in Provence reached $820,000, compared to $500,500 for Travis County and $397,889 for the broader Unlock MLS region. This premium is reflected in the price per square foot as well. Provence sellers achieved a median of $242.17 per square foot, which aligns closely with Travis County's $244.70 but remains well above the regional average of $197.38. The market also showed resilience in negotiation dynamics; 84.1% of homes sold below their original list price, a slight improvement over the prior period where 94.6% did so. Inventory conditions suggest a shift toward balance. With 10 active listings and 27 closed sales over the last six months, the market currently holds 2.22 months of inventory. This represents a significant increase in activity compared to the prior period, where median days on market stood at 104 days. In the current window, homes spent a median of 62 days on market, a 40.4% reduction that indicates faster movement for qualified buyers and sellers alike. While specific peer city data is not available in this dataset to complete a full neighbor matrix, the comparison against Travis County and the regional aggregate highlights Provence's position as a higher-value segment within the Austin area. The median living area also expanded by 14.9% compared to the prior period, reaching 3,439 square feet, suggesting that larger homes are driving the current volume in this community. Want these numbers for your street? Email [email protected]. 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