West Austin Home Sizes Are Shrinking in October

West Austin buyers are seeing a shift in home sizes even as median prices remain resilient. In October 2026, the median living area for closed sales was 3,126 square feet, down 9.3% from the prior month's 3,446 square feet across 56 transactions. This marks a notable contraction in average home size compared to the same period last year, when the median was 3,002 square feet, representing a 4.1% increase over that timeframe. ALEX Intelligence analyzed rolling trends in living area, beds, and baths to identify this shift toward smaller footprints. While the median close price rose slightly by 1.6% to $1,158,750, the reduction in square footage suggests a change in inventory mix or buyer preference for more compact luxury properties. The median price per square foot also adjusted, falling 11.5% from the prior month to $391, reflecting the size adjustment rather than a drop in overall value. This trend indicates that West Austin's market is currently favoring homes with slightly reduced living areas while maintaining high price points. Buyers should note that the typical home sold this month was significantly smaller than last month, even as the neighborhood continues to command premium pricing per square foot compared to broader regional averages. The data reflects a dynamic where size and price are decoupling temporarily, offering insights into how current inventory is being absorbed by the market. 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