Spanish Oaks vs. Region: High Prices, Fast Sales in Oct

What does it mean when a luxury market like Spanish Oaks sees median days on market drop by 71% while prices climb? In the rolling 12 months ending October 2026, the Austin area of Spanish Oaks saw 14 closed sales with a median price of $3,590,000. This represents a 6.3% increase compared to the prior 12-month period and the same window last year. The market is moving significantly faster, with homes selling in a median of 55 days, down from 188 days previously. ALEX Intelligence analyzed the supply gap by comparing these figures against broader regional benchmarks. While Spanish Oaks closed at a median price of $3,590,000, the wider Austin region closed at $397,889 and Travis County at $500,500. The local market also commands a higher price per square foot at $670.81, compared to $197.38 for the region and $244.70 for Travis County. Homes in this segment are selling closer to their original list prices, with a close-to-original list ratio of 0.946, up from 0.89 in the prior period. Current inventory stands at just six active listings, creating a months of inventory figure of 3.27 based on recent sales velocity. This suggests a shift toward a seller-favorable environment for this specific high-end segment, even as the broader market remains balanced. The data reflects a distinct premium for properties in this Austin neighborhood compared to the general county and regional averages. Want these numbers for your street? Email [email protected]. Based on 14 closed sales in the 12 months ending Oct 31, 2026. 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