Southwest Austin: New Listings vs. Closings Show Supply Gap

Deal of the Week

Deal of the Week · 8509 Copano DR, Austin TX 78749 · MLS #8810650 · Listed by LPT Realty LLC - Ascend Group. ALEX valuation $479,000 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 $446,000 8509 Copano DR, Austin TX 78749 · MLS #8810650 Listed at $435,000, 3 bed, 2.5 bath, 2,071 sq ft. Listed 9% below the ALEX valuation; 33% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182521879/8509-Copano-DR-Austin-TX Lower-middle quartile: $446,000 to $615,000 11425 Sabinal Mesa DR, Austin TX 78739 · MLS #5310902 Listed at $570,000, 4 bed, 2.5 bath, 2,431 sq ft. Listed 8% below the ALEX valuation; 20% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183999357/11425-Sabinal-Mesa-DR-Austin-TX Upper-middle quartile: $615,000 to $830,000 3105 Sesbania DR, Austin TX 78748 · MLS #9239832 Listed at $635,000, 4 bed, 2.5 bath, 2,797 sq ft. Listed 10% below the ALEX valuation; 25% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186028784/3105-Sesbania-DR-Austin-TX Upper quartile: $830,000 and up 5801 Leckrone CV, Austin TX 78735 · MLS #6490399 Listed at $899,900, 5 bed, 4 bath, 3,540 sq ft. Listed 6% below the ALEX valuation; 14% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180868107/5801-Leckrone-CV-Austin-TX

Key figures · Southwest Austin · October 2026

124 homes sold in Southwest Austin in October 2026 (down 13.3% on a year earlier).

Median sale price: $580,000 (unchanged on a year earlier).

Median price per square foot: $261.

Median days on market: 32.

Median sale price as a share of the original list price: 95.5%.

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

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

In Southwest Austin, the balance between new supply and buyer demand shifted slightly in October as 139 homes hit the market against 124 that closed. This dual-axis view of activity reveals a narrowing supply gap compared to the prior month, where 168 new listings met 128 closings. ALEX Intelligence analyzed the flow of inventory and sales to track this dynamic. The region saw 139 new listings in October, down from 168 the previous month, while closed sales dipped slightly from 128 to 124. This indicates that while new supply is cooling, the rate at which homes are selling has remained relatively steady. Compared to October 2025, when 123 new listings met 143 closings, the current market shows a tighter balance. The number of new listings rose from 123 to 139 year-over-year, while sales volume fell from 143 to 124. This divergence suggests that inventory is accumulating faster than it is being absorbed, potentially shifting leverage toward buyers in the coming months. The median price for closed homes held steady at $580,000, matching the prior year's level despite a 6.6% drop in average home size to 2,260 square feet. With 466 active listings currently on the market, the supply side is robust, yet the pace of absorption remains the key variable for pricing stability. https://alex.realestate/market/southwest-austin 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

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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