Southwest Austin Inventory Signals Buyer Leverage in October

Is the market tipping toward buyers? In Southwest Austin, the current inventory level sits at 2.9 months based on 124 closed sales in October 2026. This figure represents the time it would take to sell all currently active listings at the current sales pace. Generally, a market with less than six months of inventory is considered a seller's market, while more than six months favors buyers. At 2.9 months, supply remains tight but has softened compared to previous peaks. ALEX Intelligence analyzes this metric alongside price trends to determine market conditions. The median close price held steady at $580,000, matching the same month last year despite an 8.8% drop from September. This stability suggests that while demand may have cooled slightly, pricing remains resilient. Homes sold for 95.5% of their original list price on average, a slight improvement over the prior month but still below the peak levels seen in previous years. The days on market remained flat at 32 days compared to September, yet this is a significant 30.4% reduction from the same time last year when homes took 46 days to sell. Faster sales combined with stable prices indicate that well-priced properties are still moving quickly, even as the overall inventory level suggests a gradual shift toward a more balanced environment. Buyers may find slightly more negotiating power now than earlier in the year, but competition for prime listings persists. https://alex.realestate 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