Southwest Austin Market Heat Score: October 2026

Deal of the Week

Deal of the Week · 10606 N Platt River DR, Austin TX 78748 · MLS #8258939 · Listed by Keller Williams Realty. ALEX valuation $336,000 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 $444,000 10606 N Platt River DR, Austin TX 78748 · MLS #8258939 Listed at $290,000, 3 bed, 2.5 bath, 1,293 sq ft. Listed 14% below the ALEX valuation; 24% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182692602/10606-N-Platt-River-DR-Austin-TX Lower-middle quartile: $444,000 to $617,000 321 Angel Oak ST, Austin TX 78748 · MLS #7926736 Listed at $589,000, 6 bed, 2.5 bath, 4,172 sq ft. Listed 9% below the ALEX valuation; 52% under the local price per sq ft; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184820238/321-Angel-Oak-ST-Austin-TX Upper-middle quartile: $617,000 to $833,000 4110 Paseo DR, Austin TX 78739 · MLS #4622082 Listed at $625,000, 5 bed, 2 bath, 2,636 sq ft. Listed 8% below the ALEX valuation; 20% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182518440/4110-Paseo-DR-Austin-TX Upper quartile: $833,000 and up 1078 Gato Del Sol Ave, Austin TX 78737 · MLS #5814955 Listed at $1,475,000, 4 bed, 4.5 bath, 4,428 sq ft. Listed 7% below the ALEX valuation; 8% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180001734/1078-Gato-Del-Sol-Ave-Austin-TX

Key figures · Southwest Austin · September 2026

128 homes sold in Southwest Austin in September 2026 (down 16.9% on a year earlier).

Median sale price: $636,300 (up 7.2% on a year earlier).

Median price per square foot: $263.

Median days on market: 32.

Median sale price as a share of the original list price: 95.2%.

486 homes for sale now, about 2.8 months of supply at the pace of the last six months.

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

What does a median price jump of 10.7% mean for Southwest Austin buyers and sellers this month? In September 2026, the median closed sale price reached $636,300 across 128 transactions, up from $575,000 in August. This sharp increase occurred alongside a 14.1% drop in sales volume compared to the prior month, suggesting that while fewer homes sold, those that did command significantly higher prices. ALEX Intelligence calculated a Market Heat Score for this area using a composite index based on days on market, sale-to-list ratios, inventory levels, and price reduction trends. The data reveals a distinct shift in dynamics: median days on market rose 6.7% to 32 days compared to August, yet remain 38.5% lower than the same month last year when it took 52 days to sell. This indicates that while homes are taking slightly longer to move than in the immediate past, the market remains significantly faster than the previous year. The price-to-list ratio stood at 95.2%, with 78.1% of homes selling below their original list price. These figures suggest a cooling in bidding wars compared to last year, when 87.7% of sales were below list. With 486 active listings and a months of inventory reading of 2.77, the market is transitioning from a strong seller's environment toward a more balanced state. Current mortgage rates sit at 7.24% according to Freddie Mac data for the week ending October 29, 2026. For a buyer purchasing a median-priced home with a loan amount of $509,040, a 3-2-1 buydown would cost approximately $23,604, reducing the initial monthly payment by $968 in the first year. The combination of rising prices and stabilizing inventory defines the current Southwest Austin landscape. 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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