Austin Market Insights

A quick, plain-English look at where the Austin-area residential and commercial markets stand right now — updated periodically so you can make informed decisions whether you’re buying, selling, or investing.

Residential Market Snapshot

Austin home prices are running about 2.2% below where they were a year ago, even as the number of homes sold continues to outpace last year — a sign the market is stabilizing after an extended slowdown. With just under 6 months of inventory, conditions are close to balanced: buyers have more room to negotiate than during the frenzy of a few years ago, while well-priced homes in sought-after areas are still moving.

Commercial Market Snapshot

Vacancy has ticked up as new construction was absorbed, which means landlords are offering more generous concessions — extra tenant improvement allowances and free rent periods — making it a good time to negotiate a lease. At the same time, leasing activity is sharply higher than a year ago, driven in large part by major employers like SpaceX and Tesla continuing to expand in the region. For owners and investors, that combination of available space and strong underlying demand is worth watching closely.

What This Means for You

Every market update tells a different story depending on your price point, neighborhood, and timeline — these are area-wide averages, not a substitute for a look at your specific situation. If you’re weighing whether to buy, sell, or invest right now, I can pull the current numbers for your street, your building type, or your target neighborhood and walk you through what they actually mean for you.

Sources: Team Price Real Estate market update (Aug. 21, 2026); Texas A&M Real Estate Research Center, Texas Housing Insight (Aug. 2026 report, reflecting June 2026 data); KBC Advisors Q2 2026 Austin industrial market report. Figures are area-wide averages updated periodically and are not a substitute for a current, property-specific analysis — contact David for the latest numbers.