Southeast Austin: How List Prices Compare to Final Sells in October

In Southeast Austin, homes are closing closer to their original asking prices than they did a year ago. The median sale price reached $377,000 in October, up 1.9% from the prior month and down 4.6% from October 2025. This shift occurred alongside an improvement in the list-to-sale ratio, which measures how much of the original asking price a seller ultimately receives. ALEX Intelligence analyzed the relationship between original list prices and final sale prices for 60 closed transactions. The median close-to-original-list ratio rose to 94.6% in October, up from 93.5% in September and slightly above the 93.9% recorded a year ago. This indicates that while sellers are still accepting offers below their initial list price, the gap is narrowing compared to last year. The data shows that 83.3% of homes sold for less than their original list price in October, down from 89.7% the previous month and 88.4% a year prior. The median price per square foot settled at $200, reflecting a 2.9% decrease from September but a 6.5% drop compared to the same period last year. Meanwhile, homes spent an average of 58 days on market, down 10.8% from the prior month and 3.3% from October 2025. These figures suggest a market where pricing strategies are becoming more aligned with buyer expectations. The improvement in the list-to-sale ratio does not imply a shift to a seller's market, as inventory remains at 4.77 months of supply. Instead, it reflects a stabilization where sellers and buyers are reaching agreement closer to the initial listing figures. The analysis relies on closed sales data from October 2026, covering 60 transactions with a median living area of 2,008 square feet. The sample includes both new construction and existing homes, providing a comprehensive view of current market dynamics in Southeast Austin. 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