Austin, Texas, February 9, 2026
Austin’s luxury housing market is experiencing significant momentum as it prepares for a robust 2026. Recent data reveals a surge in high-end property sales coupled with stabilized prices, creating favorable conditions for both buyers and sellers. As inventory tightens and market dynamics shift toward buyer-friendly terms, stakeholders are encouraged to stay informed of the evolving landscape. With the continued increase in luxury home sales and a balanced market forecast, Austin remains a hotspot for real estate investment.
Austin’s Luxury Housing Market Shows ‘Strong Momentum’ for 2026
Austin, Texas – Austin’s luxury housing market is poised for a strong 2026, with significant sales activity and a shift toward buyer-friendly conditions. Recent data indicates a surge in high-end property sales and a stabilization of prices, offering opportunities for both buyers and sellers.
Surge in Luxury Home Sales
In 2024, Austin’s luxury real estate market reached a valuation of $4.1 billion, with 2,461 luxury homes sold between November 2023 and October 2024. This accounted for 23% of all residential sales dollar volume in the Austin-Round Rock metropolitan area. The median size of these million-dollar homes was 3,440 square feet, with an average price per square foot of $510.
Stabilization of Prices and Market Conditions
As of December 2025, the median sales price for single-family homes in Austin was $584,900, a 4.1% decrease year-over-year. The average sales price remained relatively stable at $822,315, down 0.4% from the previous year. Inventory levels have tightened, with 1,972 active listings as of January 8, 2026, resulting in a months of supply of 2.79. Despite this, the market remains balanced, with a sale-to-list ratio of 91.38% in December, indicating that homes are selling close to their listed prices.
Buyer-Friendly Market Dynamics
The Austin housing market has experienced a slowdown, with homes spending an average of 106 days on the market in December 2025, the longest December on record. This shift provides buyers with increased negotiating power, as the market has an estimated 128% more sellers than buyers.
Outlook for 2026
Looking ahead, Austin’s luxury housing market is expected to maintain its strong momentum. The combination of high sales activity, stabilized prices, and favorable conditions for buyers suggests a dynamic and balanced market in 2026. Prospective buyers and sellers are encouraged to stay informed and consider current market trends when making decisions.
Frequently Asked Questions (FAQ)
What was the total value of Austin’s luxury real estate market in 2024?
In 2024, Austin’s luxury real estate market reached a valuation of $4.1 billion, with 2,461 luxury homes sold between November 2023 and October 2024.
What is the current median sales price for single-family homes in Austin?
As of December 2025, the median sales price for single-family homes in Austin was $584,900, a 4.1% decrease year-over-year.
How long are homes typically on the market in Austin?
In December 2025, homes in Austin spent an average of 106 days on the market, the longest December on record.
What is the outlook for Austin’s luxury housing market in 2026?
Austin’s luxury housing market is expected to maintain strong momentum in 2026, with high sales activity, stabilized prices, and favorable conditions for buyers.
Key Features of Austin’s Luxury Housing Market in 2026
| Feature | Details |
|---|---|
| Total Market Value in 2024 | $4.1 billion |
| Number of Luxury Homes Sold (Nov 2023 – Oct 2024) | 2,461 |
| Median Sales Price (December 2025) | $584,900 |
| Average Days on Market (December 2025) | 106 days |
| Sale-to-List Ratio (December 2025) | 91.38% |
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Author: STAFF HERE AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
