8210 Landsman Dr, Austin, Texas 7873
As we head into the final stretch of the year, Austin’s housing market is showing signs of balance and opportunity.
Inventory is up 13% year-over-year, giving buyers more choices and stronger negotiating power. At the same time, median prices have held steady, rising only 1.3% compared to last year. For sellers, that combination can work in your favor: more affordable homes are drawing fresh buyer interest, and falling mortgage rates are opening doors for those who may have been waiting on the sidelines.
Price Strategically to Stand Out
Homes in Austin are spending an average of 68 days on the market. Sellers who price competitively can shorten that timeline and attract serious buyers. Across the city, homes are selling for about 92.3% of their original list price, but well-marketed, accurately priced listings consistently achieve higher prices. Competitive pricing, thoughtful marketing, and, when needed, concessions can be the difference between a quick sale and lingering on the market.
Mortgage Rates Are Opening a Window
Mortgage rates recently dipped to around 6.2%, the lowest level this year. Lower rates mean greater purchasing power for buyers and more showings for sellers. Acting before rates climb again can help you reach motivated buyers who are ready to move now.
Austin’s Economic Strength Keeps Demand High
Texas added 8,700 nonfarm jobs in July and more than 232,000 over the past year, outpacing the national average. Closer to home, the Austin–Round Rock–San Marcos metro posted a 3.4% unemployment rate, reinforcing the region’s economic stability. This steady job growth continues to support housing demand and buyer confidence.
Is It Time to Sell?
Every home sale is personal, but today’s market offers a compelling mix of factors: balanced inventory, lower rates, and strong local employment that could make this the right moment to list. A local expert can help you evaluate your options and position your property for success.
