Austin Market Guide
Late winter through spring. Austin homes over $1 million that went under contract from February to May sold in a median 22 to 29 days and closed at about 95% of their original asking price. From August through December, the same homes took 54 to 71 days and closed at about 91% to 93%.
12 months ending September 2026
Median days on market and median sale price as a share of original list price, by the month the home went under contract (12 months ending September 2026):
Relocating buyers want to move before the next school year, the Hill Country landscape photographs best from March to May, and more buyers are actively touring. About a third of luxury homes that went under contract from February to April had needed a price cut, against about half from August through November.
Fewer competing listings can help a distinctive home stand out, and the buyers looking in November are usually serious. Price it to the current market from day one: late-year homes that needed a reduction lost the most ground. See pricing strategy.
For a February launch, begin in December: pre-listing inspection, repairs, staging plan, and photography on a clear day. Ask for a pricing review built on the last 90 days of closed sales near you.
Source: MJ McFarland's analysis of Unlock MLS (ACTRIS) closed sales of single-family homes, condos and townhomes, October 2025 through September 2026. Leases excluded. Figures are medians unless noted.
March and April. Austin homes over $1 million that went under contract in March sold in a median 22.5 days, and April had the most luxury contracts of any month (397) at 95.1% of original list price, in the 12 months ending September 2026. February and May were close behind. To be under contract in spring, most sellers list from mid-February to April.
Not bad, slower. Austin $1M+ homes that went under contract in December took a median 71 days and closed at 91.4% of original price, against 22 to 29 days and about 95% from February to May. Winter buyers are fewer but more serious, so a well-priced home can still sell; the cost of overpricing is just higher.
Early summer is still solid: June contracts averaged 35 days and July 39 days for Austin $1M+ homes. The drop comes in August, when the median jumped to 57 days and half of the homes that sold had needed a price cut. If you are aiming for summer, list by early June.
About 60 days for a typical luxury home: a pre-listing inspection, repairs, landscaping, staging, and professional photography and video. Homes needing renovation or permits closed out can take three to six months. Starting early also lets you choose your launch week rather than taking whatever date the work allows.
Yes. Austin homes over $1M that went under contract in November and December took a median 54.5 and 71 days, and around half had needed a price reduction. Activity picks up again in late January, and by February days on market typically drop by half.
Not necessarily. Waiting four months costs carrying costs and adds market risk. If you need to move in fall or winter, price to the most recent closed sales rather than spring numbers, invest in presentation, and consider a lease-back so the buyer can close on your timeline.
MJ McFarland, Principal | Broker Associate
Christie's International Real Estate · 1105 N Lamar Ste 100, Austin, TX 78703
TX License 07001832 (TX)