West Austin September Market Recap and Outlook

West Austin saw median home prices climb 12.8% year-over-year to $1,127,500 in September, even as the market cooled slightly from August's peak. Across 58 closed sales, the median price per square foot rose 16.3% compared to last year, reaching $427. This increase occurred alongside a 92.6% jump in median days on market compared to August, bringing the average time to sell to 52 days. The ALEX Intelligence executive summary highlights that while sales volume dipped 7.9% from the previous month, it remained 5.5% higher than September 2025. The share of homes selling below original list price rose to 91.4%, up from 87.3% in August, indicating a shift toward more negotiation room for buyers. Inventory levels stand at 276 active listings, creating a 3.81-month supply. This represents a balanced market where neither buyers nor sellers hold a distinct advantage. New construction accounted for just 5 of the 58 closings, suggesting that existing inventory continues to drive activity in this high-value area. With mortgage rates at 7.32% as of late October, affordability remains a key factor. The data shows that while prices are up significantly from last year, the pace of sales has stabilized compared to the volatility seen earlier in 2026. 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