South Central Austin: Is It a Buyer's Market in September?

Is the market tipping in favor of buyers in South Central Austin? The answer lies in the months of inventory metric, which currently stands at 5.3 months based on 94 closed sales in September. This figure is calculated by dividing the 618 active listings available today by the monthly closing rate of roughly 116 homes (derived from the trailing 12-month average). In real estate analytics, a market is generally considered balanced at six months of inventory and a buyer's market when it exceeds that threshold. At 5.3 months, South Central Austin sits just shy of the balanced mark, indicating slightly more leverage for buyers than sellers, though the gap is narrowing compared to last year. This shift is reflected in pricing dynamics as well. The median closed price dropped 20.3% from September 2025 to $486,095 across 94 sales. Additionally, homes are taking longer to sell, with the median days on market rising 45.0% year-over-year to 58 days. While not a flood of inventory, the combination of higher supply relative to demand and reduced price pressure suggests buyers have more negotiating room than they did a year ago. ALEX Intelligence classifies this market condition by comparing current active listings against the trailing monthly closing rate. The data shows a clear transition from the seller-favorable conditions seen in previous years toward a more balanced or buyer-leaning environment, driven primarily by the increase in available homes and the extended time properties remain on the market. 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