Austin Market Relies On Price Cuts As Homes Sit Longer

The Austin-Round Rock-San Marcos metro housing market shows a striking disconnect between aggressive price reductions and selling pace, with 53.43% of active listings taking price cuts while homes still require 84 days to sell, according to the latest market data.

This paradox positions Austin as an outlier in both Texas and national markets. Despite more than half of sellers reducing prices, the metro’s median days on market exceeds the national average of 77 days, though it moves faster than the Texas state median of 91 days.

Inventory builds as buyer conditions strengthen

Austin’s housing inventory reached 11,429 active single-family homes as of Nov. 1, 2025, representing 3.67 months of supply. The market absorbed 780 homes during the week while adding 443 new listings, creating a net inventory increase that reinforces buyer-favorable conditions.

The relisting rate sits at 7.86%, indicating most sellers remain committed to finding buyers rather than pulling listings. However, the combination of high price-cut percentages and extended market times reveals persistent buyer resistance at current price levels.

Pricing pressures mount across metrics

The median list price holds at $499,000 with homes priced at $228.07 per square foot, both exceeding state levels of $374,000 and $181.81 per square foot respectively. Austin’s premium over Texas pricing helps explain the aggressive cutting strategy, as sellers adjust expectations to match buyer willingness.

Meanwhile, only 3.31% of listings increased prices during the week, creating a 50-percentage-point gap between cuts and increases that underscores the market’s directional momentum. This ratio far exceeds typical market conditions where price adjustments usually balance more evenly.

What to watch

Monitor whether the 53.43% price-cut rate translates to faster absorption in coming weeks. Track the months of supply metric, currently at 3.67, as it approaches the 4-month threshold that often signals deeper buyer advantages. Watch for median price adjustments as the gap between Austin’s $499,000 and the state’s $374,000 creates ongoing pressure.

Use these specific metrics to guide client conversations. Track the 84-day selling timeline when setting expectations. Monitor the weekly absorption rate of 780 homes against new listings to identify inventory trends. Leverage the 53% price-cut data point to negotiate on behalf of buyers.

HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate a housing market report. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.