Southeast Austin Median Price Dips in October

The median home price in Southeast Austin dropped to $373,865 in October, down 9.6% from the same month last year across 59 closed sales. This marks a shift from the previous month where prices held steady, with a mere 0.2% decline from September's $374,500 median. While the price per square foot also decreased by 4.7% compared to October 2025, homes are selling faster than they did a year ago. The average time on market fell to 55 days, a significant 36.8% improvement over the 87 days recorded in October 2025. This acceleration suggests increased buyer urgency despite lower prices. Additionally, the ratio of final sale price to original list price improved slightly to 94.7%, indicating that sellers are receiving closer to their asking prices than they did a year ago. New construction activity remained robust with 15 closed sales, though this is down from 26 in September. The market continues to see homes selling below their original list price, with 83.1% of transactions closing under the initial asking figure. This data reflects a market adjusting to current conditions rather than one in freefall, as inventory levels and sales velocity show distinct changes from the prior year. ALEX Intelligence analyzed these figures to provide a clear view of local pricing trends without projecting future values. The data covers single-family homes with prices net of seller-paid concessions. 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