November 18, 2024: The Austin-Area MLS has 13,975 active residential properties for sale and 3,981 pending properties, resulting in an Activity Index of 22.17%. Out of the 30 cities in Central Texas, months of inventory range from 2.40 to 11.00, with the Austin-Area currently at 4.9. The median sold price is $447,000, and the average sold price is $587,619. Compared to the market peak of May 2022, the average sold price has decreased by (-18.73%). Properties are spending an average of 70 days on the market, and 54.22% of active listings have undergone a price drop. The sold-to-list price ratio is 97.17%. 

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