The Austin and Central Texas residential real estate market has been one of the most watched economic landscapes in the country over the last few years. Following the historic highs of the pandemic-era boom, the market has undergone a significant multi-year recalibration.
Using data sourced from the Austin Board of REALTORS® (ABoR) MLS spanning from January 2022 through May 2026, we look into exactly how the market has shifted, comparing our latest numbers with previous years to see where the market is heading next.
1. Year-over-Year Snapshot: May Market Comparison
To understand where the market stands today, let’s look at the data from the latest available month (May 2026) and compare it directly to May of last year (2025), two years ago (2024), and the peak frenzy of four years ago (2022).
MetricMay 2026May 2025May 2024May 2022Median Sales Price$440,000$449,900$459,450$550,000Closed Sales2,9533,0212,9683,633Sales Dollar Volume$1.74B$1.78B$1.76B$2.48BMonths of Inventory4.75.04.91.2New Listings4,7865,7165,2435,231Active Listings12,50814,67312,2114,173 2. Median Sale