December 03, 2024: The Austin-Area MLS has 12,996 active residential properties for sale and 3,809 pending properties, resulting in an Activity Index of 22.67%. Out of the 30 cities in Central Texas, months of inventory range from 2.26 to 11.00, with the Austin-Area currently at 4.6. The median sold price is $433,450, and the average sold price is $558,353. Compared to the market peak of May 2022, the average sold price has decreased by (-21.19%). Properties are spending an average of 71 days on the market, and 54.33% of active listings have undergone a price drop. The sold-to-list price ratio is 97.13%.

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