Realty Austin Blog

Austin Housing Market Report July 2026

john.coake@compass.com (Realty Austin) — Fri, 14 Aug 2026 14:52:00 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.As mid-summer transitions into back-to-school season, Austin’s housing market as a whole is still going strong. While rising costs like homeowners insurance and elevated mortgage rates are mitigating factors, the underlying demand remained steady through July, bolstered by a healthy regional job market. Local buyers and sellers are navigating a predictable market where informed preparation and clear communication continue to drive success. Let's look at July’s numbers: Active Listings — July ended with 13,796 active listings, marking a 9.9 decrease from last year but a 4.2 increase from June. Home Prices — The median home price reached $435K, increasing 1 year over year and decreasing 3.3 month over month. Days on Market — Homes spent an average of 63 days on the market, going up 1 day both from the year before and from June. Pending Sales — Pending sales totaled 2,833, up 4.1 from last year and down 5.3 from last month. Closed Sales — July saw 2,739 closed sales, an increase of 4.4 from last year and a decrease of 7.5 from June. Housing Inventory — Housing supply stood at 4.7 months, 1.1 months lower than a year ago and 0.3 months higher than in June. Market Snapshot — Over 13,000 homes are on the market, selling for an average of 93.7 of the original list price; Compass listings achieved an average of 97.9 of their original list price and sold 28 days faster than the MLS average. Homeowners insurance driving up housing costs According to a recent report from Unlock MLS, homeowners insurance has become the fastest-growing house-related expense in Texas. The report shows premiums surging 60 between 2019 and 2024. While property taxes, utilities, and mortgage payments have all trended upward, none have outpaced income growth as aggressively as insurance. To put that in perspective, the median household income in Texas grew 20.8 from 2019 to 2024 according to the Federal Reserve Bank of St. Louis. Driven largely by climate volatility, severe weather events, and macroeconomic factors, these spikes alter how households need to budget for long-term homeownership. Both buyers and sellers should adjust their approach to streamline the process. Buyers can stay ahead by factoring in realistic insurance quotes early in their search to accurately forecast their monthly budget. For sellers, transparency regarding property history and recent upgrades can ensure a smoother path to closing. Pragmatic pricing continues to enable success With 13,796 homes on the market to choose from and properties closing at 93.7 of their original list price, sellers who price with market realities in mind are meeting eager buyers halfway. July’s total of 2,739 sales confirms the continuing underlying demand. With 4.7 months of housing inventory giving buyers ample breathing room, well-prepared sellers remain in a strong position to transact. While the market has naturally dialed back its pace as the back-to-school season approaches, the year-over-year dynamics point to a healthier pace and a reassuring foundation for anyone ready to move. Separating luxury shifts from broader market pricing The local luxury market saw some hot months recently that previously pushed up top-line averages. Now, that upper tier has naturally corrected itself, adjusting asking prices as part of a normal cool-down phase that is actually helping homes move more quickly. Although asking prices fell 9.6 year-over-year, an Austin-based Compass agent notes that this pricing is grounded in data and, thanks to seller flexibility, both parties walk away happy at the end of the day. When looking at the general housing market, the overall pricing situation is much more predictable. While July’s median home price settled at $435K—down 3.3 from last month—a slight month-over-month dip is normal for this month as seasonal activity balances out after the frenzy of June. Elevated rates meet a prepared market Alongside luxury sector adjustments, the broader macroeconomic landscape also played a part, as 30-year fixed mortgage rates hit their highest in a year, hovering at 6.66 nationally in the last week of July. Fortunately, Austin benefits from broader statewide economic resilience. Recent data from the Texas Real Estate Research Center shows that Texas job growth remains strong, consistently outpacing the broader U.S. rate, with the Austin-Round Rock metro area leading major Texas metros in employment growth. This robust local labor market provides a critical buffer, stabilizing the macro headwinds. With pending sales at 2,833, overall activity remains above and better paced than last year’s marks, while homes are averaging a steady 63 days on the market. As experts are keeping an eye on what comes next in terms of interest rates, inventory shifts, and price cuts, the local market entered the second half of the year on remarkably steady ground. Prepare for Your Next Move If you want to catch the tail end of the summer season, there’s no time to waste. Connect with a Realty Austin Compass expert to benefit from the hyper-local market insights, guidance every step of the way, and insider strategies that can help you reach your real estate goals. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report June 2026

john.coake@compass.com (Realty Austin) — Mon, 20 Jul 2026 15:54:05 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.While the national market still seems a bit uneven, Austin is settling into a highly predictable summer routine. June brought a significant wave of newly signed contracts alongside a steady number of finalized sales. Instead of trying to time the market or guessing where mortgage rates are headed next, local buyers and sellers are making decisions based on the current environment. Across the metro area, this pragmatic approach is creating a remarkably straightforward landscape as we head into the second half of the year. Let's look at June’s numbers: Active Listings — June ended with 13,245 active listings, marking a 14.8 decrease from last year but a 5.9 increase from May. Home Prices — The median home price reached $450K, increasing 1.1 year-over-year and 2.3 month-over-month. Days on Market — Homes spent an average of 62 days on the market, staying on par with last year and up 1 day from May. Pending Sales — Pending sales totaled 2,994, up 13.2 from last year and down 9.5 from last month. Closed Sales — June saw 2,961 closed sales, an increase of less than 1 from both the year before and from May. Housing Inventory — Housing supply stood at 4.4 months, 1 month lower than a year ago and 0.3 months lower than in May. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 93.9 of the original list price; Compass listings achieved an average of 98.3 of their original list price and sold 33 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. A Steady Summer TransitionAs the market moves deeper into the summer, transaction volume and timelines are entering a predictable rhythm. June closed with 2,961 completed transactions, a figure that remained virtually unchanged from the previous month and June of 2025. What’s more, the contract pipeline is sending strong signals, with pending sales reaching 2,994. While it’s a minor, seasonally expected 9.5 dip from May’s activity, it’s a massive surge of 13.2 compared to last year, when the local market experienced buyer rate shock combined with an inventory surge. The Continuous Shortage of Affordable HousingEven though the Austin metro area shows clear signs of a balanced market and outpaces national trends, there are some market nuances that should not be disregarded. While the median price this month came in at $450K—an increase of 1.1 from June of last year and 2.3 from May—some of that lift was likely driven by high activity and price growth in the luxury real estate market. Generally, this mismatch is felt on the national level, and Austin has a moderate shortage of properties available for buyers earning around $75,000. Fortunately, the situation has improved significantly from last year. According to the Housing Mismatch Report, affordable local listings in March 2026 reached 6.2, which is a noticeable increase from 2.8 in March of 2025. Still, this supply gap in affordable properties is something buyers have to account for. Buyers Retain Leverage in NegotiationsThe relationship between asking prices and final closed sales reveals that sellers are ready to negotiate to get deals done. We have to remember that throughout this spring, experts continuously highlighted the Austin metro as one of the nation’s most favorable buyer’s markets. That established leverage still persists, and buyers can find some wiggle room to lower a property’s final price. In fact, Redfin reports that more than half of Austin home sellers gave buyer concessions in the spring of 2026. In June, even with a robust 13,245 active listings on the market, homes sold for an average of 93.9 of the original list price. Active listings are down 14.8 from last summer’s peak, and inventory stands at 4.4 months, which means we enter the second half of the year in a tighter position. While this compression of inventory tilts the scales slightly back toward sellers compared to previous months, the local market remains remarkably inclined towards buyers when contrasted with broader national trends. What to Expect from the Second Half of the YearThe burning question for both buyers and sellers is what to expect from the rest of 2026. Many experts agree that the nation's real estate market is moving into a rebalancing phase. In its Housing Forecast Midyear Update, Realtor.com suggests that while positive labor market signals mixed with stubborn inflation are keeping mortgage rates at around 6.5, buyer affordability is actually improving. This stabilization is mirrored in the Austin market as well. For the remainder of 2026, the market is projected to enter the sweet spot of price stabilization and gradual inventory absorption. Home seekers are likely to continue benefiting from a favorable negotiation climate, while sellers who understand the market's realities can find a reliable pipeline of serious buyers ready to close. Prepare for Your Next Move If you want to take advantage of this predictable environment, it’s time to act. Connecting with a Realty Austin Compass real estate professional can help you define your real estate goals, translate trends into your specific situation, and guide you every step of the way, whether you are buying or selling. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report May 2026

john.coake@compass.com (Realty Austin) — Wed, 17 Jun 2026 20:09:31 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.While the spring season came with an incredibly fragmented national market, the Austin metro area outpaced the country, with a significant surge in month-over-month closed sales. Despite broader economic uncertainty across the country, data shows that the uptick in transaction volume is powered by first-time homebuyers, with Austin households entering the market with strong purchasing power. Sellers are matching this demand by adopting realistic pricing from day one, effectively closing the expectations gap. Let's look at May’s numbers: Active Listings — May ended with 12,508 active listings, marking a 16.6 decrease from last year but a 7.9 increase from April. Home Prices — The median home price reached $440K, declining 0.3 year-over-year and staying static month-over-month. Days on Market — Homes spent an average of 61 days on the market, staying on par with last year but down 6 days from April. Pending Sales — Pending sales totaled 3,310, up 14.3 from last year and down 3 from last month. Closed Sales — May saw 2,953 closed sales, a 3.4 increase from last year and a 11.5 increase from April. Housing Inventory — Housing supply stood at 4.7 months, 0.3 months lower than a year ago and equal to the previous month. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 94.5 of the original list price; Realty Austin Compass listings achieved an average of 98.5 of their original list price and sold 41 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. Wide Regional Gaps and the Austin Metro’s PositionWhile the national real estate market is on solid footing, performance varies widely by region. According to Realtor.com, buyers and sellers across the US are navigating one of the most fragmented housing markets in years, with some areas experiencing a noticeable cooldown while others continue to outpace the baseline. The Austin metro area is a prime example, carving out a unique dual identity: it’s experiencing a major surge of transaction volume while remaining remarkably favorable to buyers. According to NAR, May saw a modest 3.2 increase in existing-home sales nationwide compared to last month. In contrast, the Austin metro area vastly outperformed the country, with closed sales jumping 11.5 from April to reach 2,953 completed transactions. Buyers Enjoy More Choices and Stronger Buying PowerWhat makes this surge in sales truly unique is that it’s happening in what Redfin continuously highlights as one of the strongest buyer’s markets in the nation. Driven by a healthy 7.9 monthly increase in active listings, Austin’s inventory is expanding fast enough to absorb the rising transaction volume, giving buyers plenty of breathing room to explore their options. At the same time, purchasing power is returning to the market in a significant way. Nationally, NAR reports that first-time homebuyers surged to a six-year high, accounting for 35 of all US sales. The Austin metro area mirrors this national environment. Shaina Mishkin notes in Barron’s that even as May mortgage rates hovered in the 6.5 range, the typical household in Austin can now “afford 74 of listings, nearly on par with 2019 levels,” making the current climate highly favorable for first-time buyers. A Steady Pricing Floor Offers CertaintyFor the past year, the story of the Austin metro area market was often framed around sharp price corrections and heavy buyer negotiations. However, even with buyers holding a slight upper hand, the latest data signals that the market has established a steady baseline. That offers a welcome layer of certainty for sellers who can price and position their property right from the beginning. The median home price hovered at $440,000, representing a minimal 0.3 year-over-year decline and staying static month-over-month. This pricing predictability is reinforced by transaction data: on average, in May, homes have been selling for about 94.5 of their original list price, matching last year exactly and ticking up 0.2 from April. This demonstrates that the gap between buyer expectations and seller realities has successfully closed. Because this alignment has held steady for two consecutive months, we might see this not as a temporary fluke, but rather a conscious shift toward a balanced middle ground where both sides can transact with confidence. Seasonal Transitions Shape TimelinesIn May, pending sales totaled 3,310, up a substantial 14.3 from last year. While they saw a minor 3 dip from April, this could reflect a natural seasonal transition from spring’s signing peak into the summer closing and relocation phase. The minor month-over-month normalization also suggests how closely consumers track financial levels, as the initial rush triggered by early spring’s brief rate relief leveled out as mortgage rates hovered in the 6.5 range. This environment keeps the overall housing supply at a healthy 4.7 months, which is holding steady from April. Even with plenty of choices, serious buyers are committing when they find the right home; properties spend an average of 61 days on the market, staying on par with last year but dropping 6 days from April. Prepare for Your Next Move Looking ahead to June and July, the healthy contract activity is likely to translate into a steady, reliable stream of summer closings. Buyers are securing homes before the upcoming school year and the busy fall season. At the same time, motivated sellers can find success by aligning their goals with current market realities. A Realty Austin Compass expert can help you navigate the distinct local market, from advice on crafting a winning offer to coming up with the right pricing strategy. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report April 2026

john.coake@compass.com (Realty Austin) — Mon, 18 May 2026 11:23:40 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.While the national housing market spent the early spring searching for its footing, the Austin metro area took the lead. Moving past the “wait-and-see” approach to mortgage rates, buyers have embraced today’s financing environment, focusing on long-term stability. Sellers are mirroring this shift, pricing more accurately upfront for current conditions. The result was a balanced April, defined by traditional seasonal speed, lively demand, and a healthy alignment of supply. Let's look at April’s numbers: Active Listings — April ended with 11,592 active listings, marking a 15 decrease from last year and a 6.7 increase from March. Home Prices — The median home price reached $440K, declining 1.9 year-over-year and increasing 3.3 month-over-month. Days on Market — Homes spent an average of 67 days on the market, up 2 days compared to last year but down 18 days from March. Pending Sales — Pending sales totaled 3,411, up 15.4 from last year and up 1.6 from last month. Closed Sales — April saw 2,648 closed sales, a 2 increase from last year and a 2.1 increase from March. Housing Inventory — Housing supply stood at 4.7 months, 0.6 months higher than a year ago but 0.8 months lower than last month. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 94.3 of the original list price; Compass listings achieved an average of 98.4 of their original list price and sold 26 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San MarcosMetropolitan Statistical Area. Outperforming National Trends While the national housing market experienced a sluggish start to the spring season, the Austin metro area showed significantly more vigor. Nationally, existing home sales saw a marginal 0.2 increase compared to March and stayed flat year-over-year. In contrast, Austin outpaced the country with a 2.1 monthly increase and a 2 rise over last year. This divergence from national trends is driven by long-term structural demand. One of the primary factors is household growth: Austin’s household growth has surged 51 over the past decade, nearly quadruple the national rate of 13. Crucially, this expansion is not limited to a single demographic; it spans all age groups and homebuyer profiles. As a result, housing demand remains strong and steady across the entire spectrum, from entry-level new builds to high end move-up properties. Rate Normalization Fuels Sustained Demand While March was defined by geopolitical anxiety, April marked a shift in buyer psychology. As mortgage rates stabilized in the 6.3-6.4 range, buyers began accepting the new normal rather than waiting for a return to historic lows. Consequently, borrowers are increasingly prioritizing market stability over specific rate levels to move forward, and mortgage applications increased in April compared to March. In the Austin metro area, this shift in perception, coupled with traditional spring market seasonality, sparked a significant 15.4 jump in pending sales over last April. With a total of 3,411 contracts signed, activity is also up 1.6 month-over-month. This suggests that Austin buyers view the current rate environment as a stable window for entry. While rates remain higher than in years past, they are no longer the barrier they were for those focused on homeownership. Spring Velocity and Sub-Market Dynamics Another indicator of continued buyer confidence in Austin is the market's accelerating pace. In April, homes spent an average of 67 days on the market, marking a significant 18-day drop from March. However, savvy real estate experts recognize that this average doesn’t reflect the reality on the ground for new inventory. This velocity is highly dependent on the specific sub-market and property type. Stagnant overpriced winter listings, rural properties, and luxury listings naturally stay on the market longer and pull the metro average upward, while fresh and correctly priced homes in suburban and urban areas are moving at an entirely different speed. Active buyers should keep this distinction in mind, as the most desirable homes continue to disappear fast. Strategic Pricing and Shifting Away from Deep Discounts With the median home price reaching $440,000, properties in the Austin metro area are selling for an average of 94.3 of the original list price. This represents a steady climb from March’s 92.8 ratio, indicating that sellers are increasingly abandoning the test-the-waters approach in favor of competitive entry prices. Data from Realtor.com confirms this trend, showing the share of listings with price cuts falling by almost 5 year-over-year. With housing supply at 4.7 months compared to 5.5 in March, the available pool of inventory is tightening, giving a clear edge to sellers who launch with an accurate valuation. While buyers still enjoy more time and leverage than in years past, they must come to the table prepared for today’s realities and expect less room for heavy negotiation. Prepare for Your Next Move Success in Austin’s distinct climate depends on looking past the broad headlines and leaning into the local nuance. To come out on top, trade market-timing anxiety for a well-executed, data-backed strategy. A Realty Austin Compass expert can serve as a bridge between complex market trends and your specific goals, offering the precision and insight this busy season demands. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report March 2026

john.coake@compass.com (Realty Austin) — Fri, 24 Apr 2026 00:47:29 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.Austin’s spring market is heating up, but it’s doing so with a new sense of balance. With inventory levels rising, buyers are finding more room to negotiate. Although economic uncertainty and the temporary mortgage rate climb introduced a level of national caution, Austin continues to outpace this sentiment. The current surge in pending sales signals that demand for Austin properties remains resilient, as buyers and sellers increasingly find common ground through strategic concessions. Let's look at March’s numbers: Active Listings — March ended with 10,867 active listings, marking a 8.9 decrease from last year and an 8.7 increase from February. Home Prices — The median home price reached $426K, declining 3 year-over-year and increasing 3.5 month-over-month. Days on Market — Homes spent an average of 85 days on the market, up 7 days compared to last year and down 6 days from February. Pending Sales — Pending sales totaled 3,357, up 15.4 from last year and up 24.8 from last month. Closed Sales — March saw 2,593 closed sales, a 1 increase from last year and a 37.4 increase from February. Housing Inventory — Housing supply stood at 5.5 months, 0.8 months higher than a year ago and 1 month lower than last month. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 92.8 of the original list price; Realty Austin Compass listings achieved an average of 98.9 of their original list price and sold 28 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. Navigating Geopolitical Uncertainty and Rates Throughout March, the mortgage landscape was defined by renewed uncertainty as global events introduced economic volatility. These geopolitical shifts pushed mortgage rates to a six-month high of 6.46 in early April, though they have since begun to retreat toward the 6.3 range. Crucially, even at their recent peak, rates remain lower than the 6.7 averages we saw at this time last year. This volatility has introduced a level of caution for both move-up buyers and first-time home seekers. According to Joel Kan, MBA’s Vice President and Deputy Chief Economist, purchase applications were 7 lower year-over-year, the first annual decline since January 2025. However, despite the national “wait-and-see” sentiment, the Austin market remains active and continues to warm up along with the weather. A Growing Landscape for Buyer Opportunities With 5.5 months of inventory, the local housing market continues to build on the momentum established earlier this year. According to recent Redfin data, Austin now ranks as the third-strongest buyer’s market nationwide. This shift represents a healthy correction rather than a cause for alarm. As Texas continues to lead the nation in new home construction, a steady stream of fresh inventory is entering the market. This surge in supply, coupled with median prices that have moderated from all-time peaks, provides buyers with a level of negotiating power and selection they haven’t seen in years. Negotiating Power Peaks Amidst Seasonal Price Growth The leverage buyers have at the negotiating table is most visible in the widening gap between asking prices and final sales. While local median home prices rose to $426,220 in March, marking a 3.5 seasonal climb from February, they remained 3 lower than a year ago. The most telling metric of this power shift is the close-to-list price ratio, which averaged 92.8, down from 94.4 this time last year. In fact, 20.6 of Austin listings saw a price reduction in March, a rate that significantly outpaces the national average of 16.3. It is clear that sellers are increasingly willing to bridge the gap to secure the deal and are open to concessions. Settling Into a Balanced and Predictable Sales Rhythm With 3,357 pending sales in March, a nearly 15 increase over last year, the Austin market is finding a more predictable, balanced pace. While the average time on the market has settled at 85 days, closed sales remaining on par with last year suggest that demand is robust and buyers are still actively signing contracts. At the same time, this option-rich landscape allows them to be more selective. For sellers, this is a clear indicator that success right now is driven by quality, condition, and strategy, rather than luck and speed. Beyond these fundamentals, precision pricing has become the essential lever that determines how quickly a listing moves to contract. Prepare for Your Next Move As we enter the peak of the spring market, the Austin landscape is rich with opportunities for those who know how to navigate it right. Whether you are looking to finally buy your first home or strategically position a listing, success starts with a clear end goal. A Realty Austin Compass expert can provide you with the professional guidance and the hyper-local data you need to enter the market with confidence. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Things to Do in April in Austin

john.coake@compass.com (Realty Austin) — Wed, 01 Apr 2026 11:24:09 -0500

12th Annual Balloons Over Horseshoe Bay Resort April 3 - 5 Celebrate Easter weekend with the exciting Texas Hill Country celebration This event features colorful hot air balloons and a high-energy itinerary, including lively activities like skydiving demonstrations and a helicopter Easter egg hunt. Although hot air balloon rides aren't available, you can still enjoy a fun-filled day out with the family, with tasty treats from local food trucks, unique finds from retail vendors, and rock climbing. The Bloody Mary Festival April 4 The 7th Annual Bloody Mary Festival arrives at Fair Market, offering the city's ultimate daytime cocktail experience. This event features unlimited tastings of the most creative Bloody Marys from local favorites like Snooze, Industry, and Cisco's, alongside spirits, craft beer, and snacks from regional vendors. Attendees get to cast their vote for the "People's Choice" award while supporting the Girls Empowerment Network, a local nonprofit dedicated to helping girls become unstoppable. Moontower Comedy Festival April 8 - 19 Taking over downtown Austin, this comedy event features an impressive roster of headliners this year, including Marc Maron, Leslie Jones, Kathy Griffin, and more Performances will be held at iconic venues like the Paramount Theatre, Stateside at the Paramount, and the Moody Center. The festival's second week offers a "comedy binge" where badge holders can access over 100 comedians in intimate club settings, all within walking distance. Moontower genuinely celebrates comedy with a diverse lineup of stand-up shows, live podcast recordings, and special gatherings, making it a must-see event. George Strait April 9, 11, 15, 16 The "King of Country," the legendary George Strait, is returning to Austin's Moody Center due to extraordinary demand. This concert experience will feature multiple nights of Strait performing his iconic hits and beloved Texas classics. Fans can arrive early to enjoy the authentic, roots-driven sound of the Graham St. Clair Band, a rising group from West Texas, setting a vibrant atmosphere for the main event. Premium suite options available ABC Kite Fest April 11 The ABC Kite Fest is one of Austin’s most beloved and longest-running traditions Celebrating nearly a century of community and the timeless magic of flight, ABC Kite Fest centers on the historic kite flying contest. Participants of all ages can compete with kites, whether homemade or store-bought. Beyond the main competition, attendees can enjoy the MossFest Children’s Concert, explore the Kids Club, and visit the Pet Zone. An upgraded experience is available through the High Flyer Club, which offers VIP perks such as catered refreshments and shaded seating. Capitol 10K April 12 Thousands of runners and walkers from speed demons to happy striders flood the streets for an unforgettable tour of the city's coolest spots, concluding with a post-race celebration with a roaring festival atmosphere featuring live bands, delicious eats, celebratory cocktails, and a dedicated kids' zone to keep the whole family entertained. The Cap10K gives back, championing local heroes like the Sustainable Food Center, and keeps the fun going all year long with training runs and coffee tours. Fusebox Festival April 13 - 19 Looking to mix up your weekend plans? Fusebox brings Austin’s creative scene to life with live performances, room screenings, art installations, and interactive experiences set in theaters, galleries, and unexpected spaces across the city. You might catch a contemporary dance performance one night, step into an immersive art installation the next, or discover a pop-up show tucked into a venue you normally walk right past. It is the kind of experience that feels spontaneous, creative, and very Austin. Mamma Mia April 14 - 19 Get ready for a feel-good night out with Mamma Mia It takes the stage at Bass Concert Hall. Set on a sunny Greek island, the story follows a bride on a mission to discover her father, bringing three men from her mother’s past back into the picture just the day before the wedding. Packed with ABBA’s biggest hits, lively dance numbers, and plenty of heart, this long running broadway favorite delivers a fun mix of romance, humor, and nostalgia that is perfect for a girls' night, date night, or family outing. UMLAUF Garden Party April 16 Celebrate one of Austin’s most iconic spring traditions, marking 35 years of art, nature, and community. This lively evening brings together bites from more than 25 local restaurants, fine wines, craft cocktails, and live music, all set in a beautiful outdoor garden atmosphere. Guests can stroll, sip, and sample their way through the event, with VIP perks like early access, exclusive tastings, and an after-party at Hotel Ella. Even better, every ticket supports year-round arts education and community programs right here in Austin. Austin Reggae Fest April 17 - 19 Soak up the sunshine and good vibes Returning to Auditorium Shores this April, the Austin Reggae Festival is a three-day waterfront festival that brings together live performances, local good vendors, and laid-back crowds all coming out to support a great cause. With music playing all afternoon and into the evening, it is the perfect place to spread out on a blanket, enjoy the skyline views, and ease into the weekend. Pop-Up Picnic 2026 April 18 Pack a blanket and head to Waterloo Park for a relaxed spring evening that blends great food with an even better cause. Guests can enjoy curated picnic baskets in a scenic green space, soaking in live music, fresh air, and downtown views. It is an easy, family-friendly way to spend a Saturday night while supporting the continued growth and care of one of Austin’s favorite urban parks. Austin Blues Festival April 25 & 26 Set against the skyline at Moody Amphitheater, this festival brings two days of live music, local flavor, and rich musical history to the heart of the city. This homegrown festival celebrates Austin’s deep blues roots with a lineup that blends legendary acts and emerging artists across multiple genres. Originally launched by Antone’s Nightclub in 1999, the festival continues to honor that legacy while creating a laid-back weekend. Eeyore's Annual Birthday Party April 25 Keep Austin weird at one of the city’s most beloved and offbeat traditions. Held at Pease District Park, this free, all-ages celebration brings together live music, drum circles, colorful costumes, and a true anything-goes atmosphere. It is an equal part community gathering and spontaneous festival, with a long-standing mission of supporting local nonprofits, so you can celebrate while giving back to Central Texas.

Austin Housing Market Report February 2026

john.coake@compass.com (Realty Austin) — Wed, 18 Mar 2026 11:52:59 -0500

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment. The Austin housing market showed signs of increased activity in February as more buyers began stepping back into the market ahead of the spring season. Activity increased across several areas of the market, signaling that many buyers are moving forward with their plans as conditions become clearer. While economic headlines continue to focus on inflation, mortgage rates, and global uncertainty, local housing activity suggests that buyers and sellers are still finding opportunities and moving ahead with their real estate goals. Let's look at February’s numbers: Active Listings — February ended with 10,000 active listings, marking a 4 decrease from last year and less than a 1 decrease from January. Home Prices — The median home price reached $412K, declining 3.6 year-over-year and increasing 2.8 month-over-month. Days on Market — Homes spent an average of 91 days on market, up 8 days compared to last year and up 2 days from January. Pending Sales— Pending sales totaled 2,690, up 13.9 from last year and up 14.5 from last month. Closed Sales — February saw 1,887 closed sales, a 3 decrease from last year and a 20 increase from January. Housing Inventory — Housing supply stood at 6.5 months, 1.1 months higher than a year ago and 2.5 months higher than last month. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 91 of the original list price; Realty Austin Compass listings achieved an average of 97.7 of their original list price and sold 29 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. Early Spring Activity Builds Buyer activity picked up in February, offering an early signal that the spring housing season may be gaining traction. Pending sales rose 13.9 compared to last year and jumped 14.5 from January, while closed sales increased 20 month-over-month. Industry reporting reflects similar expectations nationwide. Real estate professionals across the country are anticipating stronger spring sales activity as buyers return to the market and adjust to current mortgage rate levels. In Austin, the increase in pending contracts suggests that many households are beginning their home search earlier this year as conditions become more predictable. Price Shifts Continue to Shape Affordability Austin home prices showed a modest increase in February, with the median price rising to $412K. While the figure remains about 3.6 lower than this time last year, the 2.8 month-over-month increase signals possible stabilization after the adjustments the market experienced throughout the past year. Moderate price movement can create opportunities for both buyers and sellers. Buyers may find more negotiating room compared to the rapid price growth seen in earlier years, while sellers benefit from continued demand and improving seasonal activity. As spring approaches, pricing trends will likely continue to reflect the balance between growing buyer interest and the inventory available across the region. Federal Housing Bill Aims to Expand Supply Housing policy has also been making headlines at the national level. The U.S. Senate recently passed the bipartisan 21st Century ROAD to Housing Act, a legislative package designed to address housing supply and affordability challenges across the country. The bill received strong bipartisan support and now moves to the House for further consideration. The legislation includes proposals aimed at increasing housing availability, such as reducing regulatory barriers that can slow development and expanding financing options for housing construction. Some provisions also focus on limiting large institutional investors from purchasing additional single-family homes. While the bill still faces additional steps before becoming law, housing industry groups say policies that expand supply and support homeownership could help address long-term housing challenges nationwide. For markets like Austin, where population growth and housing demand remain strong, efforts to expand housing supply will likely remain a central focus in the broader housing conversation. Housing Activity Persists Despite Economic Headlines Recent economic news has focused heavily on inflation data, global events, and how financial markets may influence mortgage rates. These factors can create short-term volatility in borrowing costs, but housing activity has continued moving forward. Mortgage pricing has remained relatively steady overall, with some analysts noting that bond yields have recently eased slightly after brief increases. According to HousingWire analyst Logan Mohtashami, mortgage pricing recently saw a small reprieve as the 10-year Treasury yield moved lower after reaching 4.285. As of March 13, the average 30-year fixed mortgage rate sits around 6.41, according to Mortgage News Daily, a level that remains relatively stable compared to the volatility seen in recent years. For many buyers and sellers, this type of rate environment provides enough stability to continue making plans. Rather than waiting for perfect conditions, many households appear to be moving forward with their housing decisions while market conditions remain relatively manageable. Exploring Your Next Move Every real estate journey looks a little different. Some buyers are just starting their search, while others are preparing to list their home or explore new opportunities in the months ahead. Understanding how local market conditions are evolving can help you decide what timing and strategy make the most sense for you. A Realty Austin Compass advisor can help you navigate your options and provide insight tailored to your goals, timeline, and neighborhood. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report January 2026

john.coake@compass.com (Realty Austin) — Fri, 20 Feb 2026 13:58:29 -0600

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment. The Austin housing market entered the new year with steady activity, as pending sales increased compared to last year despite some January slowdowns in completed transactions. This contrast reflects conditions agents are seeing across the region, where winter weather delayed timelines but did not appear to reduce buyer interest. While early year disruptions can temporarily affect monthly results, the year over year gains suggest demand is continuing to build as the market moves toward the spring season. Let's look at January’s numbers: Active Listings — January ended with 10,083 active listings, marking a 2 increase from last year and a 2.8 decline from December. Home Prices — The median home price reached $400K, declining 2 year-over-year and falling 8 month-over-month. Days on Market — Homes spent an average of 89 days on market, up 3 days compared to last year and up 1 day from December. Pending Sales— Pending sales totaled 2,349, up 10 from last year and up 23 from last month. Closed Sales — November saw 1,566 closed sales, a 14 decrease from last year and a 37 decrease from December. Housing Inventory — Housing supply stood at 4.0 months, 1.4 months lower than a year ago and .2 months higher than December. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 91 of the original list price; Realty Austin Compass listings achieved an average of 97 of their original list price and sold 14 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. Slower January Reflects Timing, Not Demand January’s housing activity came with an important asterisk. Severe winter weather across much of the country delayed showings, inspections, and closings, contributing to softer early year sales activity nationwide, according to Housingwire. Rather than signaling a pullback in demand, these disruptions largely shifted timelines. In Austin, that pattern showed up in the numbers. Pending sales rose to 2,349, increasing 10 year-over-year and 23 from December, while closed sales totaled 1,566, down 14 from last year and 37 month-over-month. The contrast suggests that many transactions were simply pushed later into the pipeline. Median pricing also adjusted modestly, a continuation of the gradual recalibration the market has experienced over the past year rather than a sudden shift. Economic Conditions Support Buyer Confidence The broader economic backdrop is also playing a role in how the market is unfolding this year. Inflation eased to approximately 2.4 in January, an encouraging sign that cost pressures are stabilizing, based on recent data. At the same time, job growth continued to outperform expectations, reinforcing household confidence and financial security. For housing, this kind of consistency can matter as much as pricing. Analysts point to steady economic conditions helping release pent up demand as buyers adjust to a more predictable environment. Mortgage Rates Low & Steady Mortgage rates have remained relatively stable to start the year, a notable shift from the volatility buyers experienced over the past several years. Recent reporting shows the average lender held rates essentially unchanged at the start of the week, keeping them in line with the lowest levels seen in more than three years. The current average for a 30 year fixed rate mortgage is hovering around 6.04, reflecting this period of relative consistency. This steadier rate environment is helping restore a sense of predictability to the home search process. When borrowing costs move within a narrower range, buyers are better able to plan, compare options, and make decisions without reacting to sudden market swings. Additional housing industry coverage notes that stable rate conditions are supporting demand as affordability and purchasing power gradually improve. As we move closer to the spring market, more consistent mortgage pricing is expected to support continued activity, even if rates do not decline significantly. A Strategic Pre-Market Option for Sellers With homes averaging 89 days on market in January, sellers are seeing a more deliberate pace compared to recent years. This type of environment is giving homeowners additional opportunities to think strategically about how and when their property is introduced to buyers. One option for some sellers working with Realty Austin Compass Agents is Private Exclusives, which introduces a home to buyers in stages rather than launching directly onto the MLS. The first phase, Compass Private Exclusive, allows the property to be shared with a nationwide network of more than 34,000 Compass agents and their clients to gather early feedback and interest while maintaining privacy. Later phases expand visibility through Compass Coming Soon and then a full public launch, using insights gained along the way to position the home effectively when it goes live. Realty Austin Compass notes that pre-marketed listings can go 20 faster to contract, generate significantly more inquiries, and build momentum before accumulating public days on market. Your Move, Your Timeline Real estate decisions are often tied to life changes, new opportunities, and moments that matter most. If you are planning a move soon or just beginning to think about what comes next, connecting with a Realty Austin Compass advisor can help you explore your options and build a plan that fits your goals. Our agents are here to offer guidance, insight, and support so you can make a move that feels right for you, whenever that time comes. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report December 2025

john.coake@compass.com (Realty Austin) — Wed, 21 Jan 2026 09:59:16 -0600

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment. The Austin housing market closed out 2025 with more favorable conditions for affordability thanks to improved mortgage rates, moderated home price growth, and higher inventory levels. National reports indicate that affordability is improving as borrowing costs ease and incomes rise, while locally, Austin's housing supply continues to expand across multiple price tiers. As we move into early 2026, these factors are shaping how buyers and sellers evaluate timing, strategy, and available housing options. Let's look at December’s numbers: Active Listings — December ended with 10,372 active listings, marking a 9 increase from last year and a 13 decline from November. Home Prices — The median home price reached $435K, declining 3 year-over-year and rising 1 month-over-month. Days on Market — Homes spent an average of 88 days on market, up 7 days compared to last year and up 9 days from November. Pending Sales— Pending sales totaled 1,908, down <1 from last year and down 15 from last month. Closed Sales — November saw 2,514 closed sales, a 2 increase from last year and 32 higher than November. Housing Inventory — Housing supply stood at 4.2 months, 0.4 months higher than a year ago and 2.1 months higher than November. Market Snapshot — Over 10,000 homes are on the market, selling for an average of 90 of the original list price; Realty Austin Compass listings achieved an average of 97 of their original list price and sold 14 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. Prices and Affordability The median home price settled at $435K in December, trending lower year over year while ticking up from last month. This mild monthly gain, combined with the lower mortgage rates, helped reduce payment pressure for buyers compared to the first half of the year. In broader national reporting, analysts observed that buyer affordability improved late in 2025 as rates eased and price gains slowed, as noted by RISMedia. These shifts do not eliminate Austin’s affordability challenges, but they provide more room for first-time buyers and move the market in a steadier direction. Local agents also noted more affordability-driven conversations in December as buyers recalibrated budgets with updated rate quotes and payment estimates. That shift is consistent with national reports showing affordability improving into the new year. Inventory and Supply December ended with 10,372 active listings and 4.2 months of supply, reflecting a seasonal pullback from the higher inventory levels seen earlier in 2025. Even with fewer active listings heading into the holidays, buyers still had real choices across price points and neighborhoods rather than a scarcity-driven market. The seasonal decline in supply did not reduce buyer engagement. National housing data shows that U.S. housing inventory continued to grow year-over-year heading into 2026, even as the pace of growth slowed from the high levels seen in mid-2025. This suggests that supply is normalizing from the extreme lows of the past few years and moving toward a more balanced market environment. Market Timelines and Seller Expectations Homes are taking longer to sell, with 88 days on market, the longest since before COVID. However, slower timelines did not signal weak demand. December recorded 2,514 closed sales, up 32 month-over-month and slightly above last year, showing that buyers remained engaged through year end. What we are seeing is slower timelines paired with steady closings, which indicates that buyers are still in the market and writing offers when the fit is right. Looking ahead, national economists expect buyer activity to remain present rather than fade. The National Association of Realtors 2026 outlook projects that existing-home sales could rise by roughly 14 nationwide next year as mortgage rates moderate and inventory circulates more widely, pointing to healthier transaction levels rather than a stalled market. Outlook for Early 2026 Looking ahead to the first quarter of 2026, several national housing outlooks point to conditions that could support continued activity. Analysts writing about reasons to be optimistic regarding the 2026 housing market note that moderating mortgage rates, slowing price growth, and increasing inventory can make the market more manageable for both buyers and sellers. Locally, employment trends continue to reinforce housing demand. Data from the Federal Reserve Bank of St. Louis (FRED) shows approximately 1.49 million employed persons in the Austin–Round Rock MSA as of November 2025. At the statewide level, the Texas Workforce Commission reported in January 2026 that Texas added 146,300 jobs year-over-year, pushing the civilian labor force to a record 15.9 million. Combined with steady hiring, continued in-migration, and a wider set of active listings, these conditions position early 2026 for a more confident and constructive pace for both buyers and sellers. Planning Your Next Move Early 2026 opens with clearer pricing signals, improved affordability, and better visibility for both sides of a transaction. Buyers gain from more inventory and realistic pricing, while sellers benefit from a market that is producing steady closings rather than abrupt swings. With economic conditions supporting housing demand and more predictable rate movement, the year is shaping up to offer opportunities for households with different timelines and goals. Connect with one of our trusted real estate advisors for help understanding how these trends apply in your part of the market. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.

Austin Housing Market Report November 2025

john.coake@compass.com (Realty Austin) — Wed, 24 Dec 2025 10:37:37 -0600

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell. See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment. The Austin housing market gained momentum in November as pending sales rose compared to last year. This annual increase reflects the positive trends agents are seeing across the region, even as the market experienced a typical seasonal dip in monthly closed sales. While the holidays often limit short-term mobility, the year-over-year growth suggests a market that is strengthening as the year winds down. Let's look at November’s numbers: Listings Slow Down — November ended with 11,926 active listings, marking an 11 increase from last year and a 10 decline from October. Home Prices Steady — The median home price reached $430K, declining just 1 year-over-year and 2 month-over-month. Days on Market Up Slightly — Homes spent an average of 79 days on market, up 3 days compared to last year and up 3 days from October. Pending Sales Rise— Pending sales totaled 2,269, up 4 from last year and down 7 from last month. Sales Cool Off — November saw 1,895 closed sales, a 16 decrease from last year and 15 lower than October. Supply Increases — Housing supply stood at 6.3 months, 1.5 months higher than a year ago and 1.0 months higher than October. Market Snapshot — Over 11,000 homes are on the market, selling for an average of 91 of the original list price; Realty Austin Compass listings achieved an average of 97 of their original list price and sold 16 days faster than the MLS average. Source: Austin Board of REALTORS®, Austin-Round Rock-San Marcos Metropolitan Statistical Area. The Market Adjusts For The Season For November, the Austin housing market is ticking up slightly as the year began to wind down. Year-over-year, buyer momentum increased, with pending sales up 4.. This upward movement contradicts typical late-year patterns, when holidays and end-of-year schedules limit short-term mobility for many households. Compared to this time last year, activity reflects a different backdrop. Active listings are up 11 year-over-year, while the median home price is down just 1.1 year-over-year, showing that the uptick in pending sales is happening alongside more available inventory and relatively small price shifts. “While activity slowed for the season, higher inventory and minimal price movement are giving buyers and sellers clearer signals than we’ve seen in a while.” – John Coake, Senior Vice President at Realty Austin Compass Inventory And Supply November ended with 11,926 active listings, even as inventory declined 10 month-over-month due to seasonal timing. Housing supply rose to 6.3 months, up 1.5 months year-over-year and 1.0 months month-over-month, keeping supply levels elevated heading into winter. This reflects a broader trend seen this year, where fewer homeowners are rushing to list if conditions do not align with their goals. Many sellers appear willing to pause through the winter rather than make price adjustments late in the year. Prices and Pace Home prices remained relatively stable in November, with the median home price at $430K, down 1 year-over-year and 2 month-over-month. Homes spent an average of 79 days on market, an increase of 3 days year-over-year and 3 days month-over-month, reflecting a slower pace and more selective buyer behavior. Across the MLS, homes sold for 91 of their original list price, while Realty Austin Compass listings averaged 97 and sold 16 days faster, underscoring the role of pricing strategy and presentation. Mortgage Rates And The Outlook Mortgage rates have remained relatively stable as 2025 comes to a close, averaging 6.19 as of December 29th. Recent reporting shows rates are being driven more by movements in the bond market than by immediate Federal Reserve action, which has helped prevent sharp swings. According to HousingWire, mortgage pricing has remained steady even as economic data continues to shift. Looking ahead, most industry outlooks suggest mortgage rates are likely to stay relatively range-bound into early 2026, with gradual improvement possible later in the year rather than a rapid drop. HousingWire analysts note that cooling labor market conditions and easing inflation pressures could support modest rate relief over time, but expectations remain measured. As HousingWire’s lead analyst Logan Mohtashami recently shared, mortgage pricing is expected to be flat to slightly lower in the near term as bond yields fluctuate, offering buyers and sellers a more predictable financing environment heading into the spring market. “Rates have been more predictable lately, which has helped take some of the guesswork out of financing.” – Jennifer Korba, Senior Agent Success Manager at Realty Austin Compass Buyer And Seller Activity Buyer activity showed mixed signals in November. Pending sales totaled 2,269, up 4 year-over-year despite the 7 month-over-month decline, indicating demand remains present beneath the seasonal slowdown. Closed sales totaled 1,895, down 16 year-over-year, reflecting fewer transactions closing before year-end. For buyers, the current market continues to offer more flexibility and time to evaluate options. For sellers, outcomes remain closely tied to pricing accuracy and preparation as inventory stays elevated. Broader market forecasts suggest 2026 could bring modest growth in sales and easing affordability pressures if inventory continues to expand and mortgage rates remain manageable, giving both sides something to watch as the new year begins. Planning Your Next Move For those who are thinking about what comes next, today’s market offers more information and fewer surprises than in recent years. Current conditions give buyers and sellers more time to review options, understand the numbers, and plan without feeling rushed. The team at Realty Austin Compass is here to talk through timing, tradeoffs, and next steps when it makes sense for you. For the latest market updates, follow us on social media @realtyaustincompass. Subscribe to our market newsletter by clicking "sign up" in the top right corner of our website.