Southwest Austin: How List Prices Compare to Sells in October

In Southwest Austin, the gap between asking and selling prices narrowed slightly in October. Across 123 closed sales, homes sold for a median of $580,000, which is 95.5% of the original list price. This represents a 0.3% increase compared to September's ratio of 95.2%, and a 1.9% improvement over the same month last year when homes sold for 93.7% of the list. The list-to-sale price ratio measures how much of the original asking price buyers ultimately paid. A higher ratio indicates stronger demand or better pricing strategy by sellers, while a lower ratio suggests more negotiation room for buyers. In this market, nearly 81% of homes sold below their original list price, though that share has decreased slightly from September. ALEX Intelligence analyzed the relationship between original list prices and final sale prices to track this trend. While median prices dropped 8.8% from September to $580,000, the ability of sellers to retain more of their asking price has improved compared to last year. The median price per square foot also declined slightly by 0.4% month-over-month to $262, but remains 2.2% lower than October 2025 levels. With 123 sales recorded this month, the data provides a clear view of current negotiation dynamics. Buyers and sellers are finding a balance where prices are adjusting downward from summer peaks, yet the final sale price is holding closer to the initial list than it was twelve months ago. 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