November 22, 2024: The Austin-Area MLS has 13,718 active residential properties for sale and 3,916 pending properties, resulting in an Activity Index of 22.21%. Out of the 30 cities in Central Texas, months of inventory range from 2.32 to 11.00, with the Austin-Area currently at 4.8. The median sold price is $439,495, and the average sold price is $575,776. Compared to the market peak of May 2022, the average sold price has decreased by (-20.09%). Properties are spending an average of 70 days on the market, and 54.75% of active listings have undergone a price drop. The sold-to-list price ratio is 97.13%.

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