Southeast Austin: New Listings Outpace Closings in September

Deal of the Week

10537 Steinbeck DR, Austin TX 78747
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 $329,000 10537 Steinbeck DR, Austin TX 78747 · MLS #1014060 Listed at $284,900, 3 bed, 2 bath, 1,650 sq ft. Listed 9% below the ALEX valuation; 42% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182595224/10537-Steinbeck-DR-Austin-TX Lower-middle quartile: $329,000 to $375,000 5406 S Hearsey DR, Austin TX 78744 · MLS #4890212 Listed at $331,000, 3 bed, 2.5 bath, 2,170 sq ft. Listed 8% below the ALEX valuation; 48% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182516997/5406-S-Hearsey-DR-Austin-TX Upper-middle quartile: $375,000 to $485,000 11721 Domenico CV, Austin TX 78747 · MLS #9147330 Listed at $385,990, 3 bed, 2.5 bath, 2,051 sq ft. Listed 12% below the ALEX valuation; 16% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1155205141/11721-Domenico-CV-Austin-TX Upper quartile: $485,000 and up 9204 Dingo DR, Austin TX 78744 · MLS #5402365 Listed at $824,900, 5 bed, 4 bath, 3,715 sq ft. Listed 4% below the ALEX valuation; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186446463/9204-Dingo-DR-Austin-TX

Key figures · Southeast Austin · September 2026

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

Market figures by town

In Southeast Austin, a fresh wave of inventory met steady demand last month, creating a noticeable supply gap. Ninety-nine new listings hit the market in September, while only 77 homes successfully closed. This imbalance means active inventory is growing faster than it is being absorbed by buyers. ALEX Intelligence analyzed the dual-axis trend of new supply versus closings to quantify this shift. The region saw an increase in new listings compared to August's 84, while closed sales dipped slightly by 6.1%. This divergence suggests that homes are staying on the market longer as buyers have more options to choose from. The median days on market for these transactions rose to 65 days, up from 72 days in the prior period but down 9.7% compared to September 2025. Despite the influx of new listings, the median sale price held relatively steady at $369,990, a 0.9% decrease from August but a 2.9% increase year-over-year. This dynamic indicates a market where sellers are listing aggressively, yet buyers are taking their time to evaluate options. The ratio of new listings to closings remains the key indicator for whether prices will stabilize or soften further in the coming months. With 77 closed sales providing a solid sample size, this trend reflects current local conditions rather than short-term noise. The data covers all residential transactions recorded in the Unlock MLS database for Southeast Austin during the specified window. 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
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 listing and closed-sale activity, September 2026, n=77 closed sales
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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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