December 26, 2024: The Austin-Area MLS has 12,064 active residential properties for sale and 3,556 pending properties, resulting in an Activity Index of 22.77%. Out of the 30 cities in Central Texas, months of inventory range from 2.01 to 11.00, with the Austin-Area currently at 4.2. The median sold price is $470,000, and the average sold price is $602,158. Compared to the market peak of May 2022, the average sold price has decreased by (-14.55%). Properties are spending an average of 74 days on the market, and 51.99% of active listings have undergone a price drop. The sold-to-list price ratio is 96.88%.

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