Austin Housing Market Update: September Sees Median Sale Price Drop 5% From Previous Year, Buyer Demand Shows Signs of Rebound Amid Rising Inventory

In March, new home listings across the Austin-Round Rock-Georgetown MSA jumped to 4,714, which is 10.2% more than March 2023, leading to multiple markets reaching four months of inventory, according to the latest Central Texas Housing Report released by Unlock MLS.

With the decrease in median home price and interest rates starting to lower, Austin and the surrounding cities seem to be moving toward a more sustainable pace.