South Central Austin: New Listings Outpace Closings in October

Deal of the Week

Deal of the Week · 102 Skyloop DR, Austin TX 78745 · MLS #4867970 · Listed by C.W. Austin Realty, LLC. ALEX valuation $390,000 is an ALEX Intelligence estimate, not an appraisal.

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 $400,000 102 Skyloop DR, Austin TX 78745 · MLS #4867970 Listed at $335,000, 3 bed, 2 bath, 1,433 sq ft. Listed 14% below the ALEX valuation; 21% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179461586/102-Skyloop-DR-Austin-TX Lower-middle quartile: $400,000 to $538,000 6300 Merriwood DR, Austin TX 78745 · MLS #2812374 Listed at $425,000, 3 bed, 2 bath, 1,481 sq ft. Listed 10% below the ALEX valuation; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1175183718/6300-Merriwood-DR-Austin-TX Upper-middle quartile: $538,000 to $865,000 4803 Philco DR, Austin TX 78745 · MLS #9045959 Listed at $800,000, 3 bed, 2.5 bath, 2,463 sq ft. Listed 22% below the ALEX valuation; price reduced 27% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1173309950/4803-Philco-DR-Austin-TX Upper quartile: $865,000 and up 4412 Banister LN # 1, Austin TX 78745 · MLS #2369692 Listed at $995,000, 4 bed, 3 bath, 2,601 sq ft. Listed 8% below the ALEX valuation; 18% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185920424/4412-Banister-LN-1-Austin-TX

Key figures · South Central Austin · October 2026

91 homes sold in South Central Austin in October 2026 (down 6.2% on a year earlier).

Median sale price: $487,500 (down 15.2% on a year earlier).

Median price per square foot: $356.

Median days on market: 29.

Median sale price as a share of the original list price: 94.1%.

580 homes for sale now, about 5.2 months of supply at the pace of the last six months.

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

South Central Austin saw a clear divergence between new supply and actual closings in October. The market absorbed 91 closed sales while 165 new listings entered the pipeline, creating a visible gap between what sellers are bringing to market and what is actually selling. ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this shift. In October, new listings rose compared to the prior month (165 vs 155), while closed sales dipped 4.2% (91 vs 97). This combination means inventory is accumulating faster than it is being cleared by buyers. The result is a market where fresh supply is outpacing demand. While the median close price held relatively steady at $487,500, the volume of new homes available for sale grew significantly compared to the number of transactions completing. This dynamic suggests that buyers have more immediate options than in previous months, even as the total number of sales remains slightly below the prior month's pace. The data reflects a period where sellers are listing aggressively, but buyer activity has not kept pace with the influx of new inventory. With 165 new homes added against just 91 closings, the local market is currently experiencing a net increase in available stock. 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

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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