Buyers still have room.
Getting the deal done is harder.
September closings fell 14.8%, even as the median sale price edged up. With 5.4 months of inventory, buyers still have choices. The harder part is making the payment and the deal work.
Who has leverage right now
Buyers have negotiating room, not a guarantee. Sellers still have demand, not a free pass. For renters, the median fell while the number of listed options shrank.
Five numbers that matter
Tap a number for the part that actually matters.
$421K+1.4% YoY
Median Sale Price
A higher median does not mean every home gained value.
13,465−3.4% YoY
Active Listings
Plenty to compare. Slightly fewer listings than last September.
2,313−1.8% YoY
Pending Sales
New contracts held up better than completed sales.
92.7%+1.3 pts YoY
Average Close-to-Original-List
Below the original ask. Closer to it than a year ago.
73−3 days YoY
Average Days on Market
The average sold home still took more than two months.
Three things worth knowing
Different numbers answer different questions.
A weak month is not the whole quarter
September closings fell sharply. Q3 closings fell 2.4%. The time frame changes the story.
Below asking, but closer than last year
The ratio rose from 91.4%. Buyer leverage did not mean a wider average discount in the deals that closed.
Renters have fewer listed options
The metro median lease price fell to $2,100. Lower rent does not mean more choice. This is MLS-listed rental supply.
The metro is not one market
Tap a county. All figures below use September 2026 data; percentage changes are year over year.
Haus take: Active listings fell 6.1%, but there were still 5.8 months of inventory. Buyers have options; sellers need to compete with the listings available now, not just last year’s sales.
Haus take: Pending contracts also fell 3.4%. The lower median is useful context, not proof that a particular house is cheaper. Compare the actual alternatives in the same neighborhood and price range.
Haus take: The median rose 10.8% while closings fell 30.5%. Those can happen together when the mix of sold homes changes. Active listings were up 4.9%; sellers should check current competition before reading the headline as appreciation.
Haus take: At 7.6 months, Bastrop had the most inventory time among these four counties. Pending sales nevertheless rose 3.6%. More negotiating room does not mean every listing is unwanted.
Pick your situation
Same September market. Different decision.
With 5.4 months of inventory, there is room to compare. But a lower asking price only helps if the payment, condition and terms work. Start with the homes you would actually buy, not the metro’s average discount.
September closings slowed even as the median rose. Neither headline prices your house. The useful comparison is what buyers can choose instead of your listing, and how your price and condition stack up.
The metro median lease price fell 2.3% to $2,100. Active lease listings fell 27.6%. You may find a better price without finding more choices. Compare the homes available for your actual move date.
Closings fell much more than pending contracts in September. Meanwhile, the median rose slightly. That is a mixed market, not a clean ‘up’ or ‘down’ story. Watch the next release before calling it a trend.
Quick answers
Why does the October Haus Index use September data?
Did lower rents give Austin renters more options in September?
How can prices rise while sales fall?
Does the metro tell me what my neighborhood is doing?
Does 92.7% mean I should offer 7.3% below asking?
About the scores: Haus Index scores are Realty Haus analysis, not Unlock MLS metrics, probabilities or forecasts. Buyer/Seller describe the sale market. Renter Advantage uses the documented objective-only rental methodology introduced in August. It is a separate leasing index, not directly comparable with Buyer/Seller. No renter month-to-month change is shown. Scores use Realty Haus’s internal methodology. They are market context, not a prediction for an individual home.
