November 13, 2024: The Austin-Area MLS has 13,947 active residential properties for sale and 4,015 pending properties, resulting in an Activity Index of 22.35%. Out of the 30 cities in Central Texas, months of inventory range from 2.29 to 11.00, with the Austin-Area currently at 4.9. The median sold price is $440,000, and the average sold price is $588,101. Compared to the market peak of May 2022, the average sold price has decreased by (-20.00%). Properties are spending an average of 69 days on the market, and 54.63% of active listings have undergone a price drop. The sold-to-list price ratio is 97.19%. 

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