December 23, 2024: The Austin-Area MLS has 12,240 active residential properties for sale and 3,598 pending properties, resulting in an Activity Index of 22.72%. Out of the 30 cities in Central Texas, months of inventory range from 2.10 to 11.00, with the Austin-Area currently at 4.3. The median sold price is $475,000, and the average sold price is $608,060. Compared to the market peak of May 2022, the average sold price has decreased by (-13.64%). Properties are spending an average of 74 days on the market, and 52.45% of active listings have undergone a price drop. The sold-to-list price ratio is 96.85%.

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