May 11, 2026: The Austin-Area MLS has 16,505 active residential properties for sale and 5,137 pending properties, resulting in an Activity Index of 23.74%. Out of the 30 cities in Central Texas, months of inventory range from 3.31 to 11.00, with the Austin-Area currently at 5.8. The median sold price is $465,200, and the average sold price is $609,972. Compared to the market peak of May 2022, the median sold price has decreased by (-15.42%). Properties are spending an average of 78 days on the market, and 49.00% of active listings have undergone a price drop. The sold-to-list price ratio is 98.04%.
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Austin residential market activity through May 10: new listings are down 4.7% YoY, pending contracts are up 2.5% YoY, and absorption has improved to 0.84. Buyer demand continues to run stronger relative to new supply than it did last year.

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