West Austin October Market Pulse: Prices Dip, Days on Market Rise

West Austin saw a shift in momentum this month as the median sale price for single-family homes dropped to $1,244,250, down 4.3% from September across 46 closed sales. While prices remain 2.4% higher than October 2025, the pace of transactions slowed significantly. The median days on market climbed to 80 days, a 33.3% increase from the prior month and slightly lower than the 86 days recorded last year. This extended selling time coincides with a tighter supply dynamic. Although 77 new listings entered the market, the number of closed sales fell 9.8% compared to September. The median price per square foot also declined by 8.6% to $399.09, reflecting adjustments in pricing strategy as homes took longer to sell. Current inventory stands at 260 active listings, creating a 3.73-month supply of homes based on the current sales pace. This level suggests a balanced market where buyers have more selection than in previous months. The median home size sold was 3,268 square feet, which is 9.0% smaller than the prior month but 6.7% larger than last year's average. With mortgage rates at 7.11% according to the Freddie Mac Primary Mortgage Market Survey for the week of November 12, 2026, affordability remains a key factor. A buyer purchasing a median-priced home would face a principal and interest payment of $6,696 monthly based on the buydown model parameters provided in the data. The data indicates that while prices have softened slightly, the market is adjusting to higher borrowing costs and increased inventory levels. 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