June 05, 2026: The Austin-Area MLS has 16,981 active residential properties for sale and 4,972 pending properties, resulting in an Activity Index of 22.65%. Out of the 30 cities in Central Texas, months of inventory range from 3.27 to 11.00, with the Austin-Area currently at 5.9. The median sold price is $460,000, and the average sold price is $629,232. Compared to the market peak of May 2022, the median sold price has decreased by (-16.36%). Properties are spending an average of 76 days on the market, and 51.56% of active listings have undergone a price drop. The sold-to-list price ratio is 97.92%.
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Austin residential market activity through June 4: new listings are down 3.0% YoY, pending contracts are up 4.2% YoY, and the pending-to-new ratio has improved to 0.85. Buyer demand continues to outpace the flow of new inventory compared to last year, with pending sales growing faster than supply. The result is a stronger absorption trend and a healthier supply-demand balance than we saw at this point in 2025.

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