South Central Austin: How List Prices Compare to Sells in September

In South Central Austin, homes sold for an average of 91.5% of their original asking price last month. This close-to-original list ratio dropped 2.5% compared to August and is essentially flat year-over-year. The median sale price settled at $486,095 across 94 closed sales, down 6.5% from the prior month and 20.3% lower than September 2025. ALEX Intelligence analyzed the relationship between original list prices and final sale prices to determine how much negotiation occurred in this market. The data shows that 87.2% of homes sold below their original list price, a slight decrease from the previous month but consistent with last year's pace. While the median price per square foot dipped slightly to $367, the number of days on market increased significantly, rising 48.7% from August to 58 days. This gap between asking and selling prices reflects current buyer leverage. With inventory levels shifting and homes taking longer to sell, sellers are accepting offers further below their initial expectations. The median living area for these sales was 1,451 square feet, down 3.9% from the prior month. Buyers in this neighborhood should expect to negotiate on price as a standard part of the transaction process rather than paying full list price. The analysis covers all closed transactions in September 2026 within the South Central Austin area, including neighborhoods like Zilker, Bouldin, and Travis Heights. The sample size of 94 sales provides a robust view of pricing trends for this specific market segment. 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