Austin Real Estate Market Update

October 03, 2024: The Austin-Area MLS has 14,687 active residential properties for sale and 4,030 pending properties, resulting in an Activity Index of 21.53%. Out of the 30 cities in Central Texas, months of inventory range from 2.59 to 11.00, with the Austin-Area currently at 5.1. The median sold price is $425,000, and the average sold price is $554,130. Compared to the market peak of May 2022, the average sold price has decreased by (-22.73%). Properties are spending an average of 62 days on the market, and 56.41% of active listings have undergone a price drop. The sold-to-list price ratio is 97.21%. 

Below is a selection of resources designed to empower your real estate decisions below. Whether you're a seasoned investor, considering your first purchase, or navigating the rental market, our comprehensive tools and reports provide you with the insights you need to navigate the market with confidence.

Weekly Market Updates

Reports and Analysis

City Data and Analysis

Zip Code Data and Analysis

Special Listing Condition