West Austin September Market Pulse: Prices Dip, Sales Slow

West Austin saw a significant shift in September as the median sale price for single-family homes dropped to $1,127,500, down 18% from August across 58 closed sales. While prices remain 12.8% higher than the same month last year, the pace of transactions slowed considerably with 58 closings compared to 63 in August and 55 in September 2025. The time homes spent on the market nearly doubled, rising 92.6% from 27 days in August to 52 days in September. This increase aligns with a broader trend where sellers are accepting lower offers relative to their original list prices; the median close-to-original-list ratio fell to 0.928, down 2.2% from the prior month. Inventory levels remain substantial with 276 active listings today, suggesting a balanced environment for buyers who can take their time. The average home size sold in September was 3,437 square feet, slightly smaller than August but up 8.7% compared to last year. Current mortgage rates stand at 7.32%, influencing buyer purchasing power as the market adjusts to these new price and volume dynamics. 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