According to the October Central Texas Housing Report released by Unlock MLS, pending sales increased 5.8% to 2,463 sales, and inventory ticked up to 5.3 months across the Austin-Round Rock-San Marcos MSA. Marking the seventh straight month of price stability, median sales price rose 1.4% year over year to $439,000, while closed sales dipped 9.6% year over year to 2,238 sales across the MSA.
Vaike O’Grady, research advisor at Unlock MLS, said the market’s performance is a sign of continued normalization and a balanced housing market.
“After several years of volatility, what we’re seeing now is a housing market that’s functioning the way it should. Pricing has been steady for months, inventory is in balance and the Federal Reserve’s recent interest rate cuts have boosted buyer confidence, as shown in increased pending sales activity. Homes that are priced right and well-presented are still selling quickly and close to asking price. The consistency we’re seeing is a healthy sign for what we can anticipate in 2026 and continued long-term growth.”
