March 2026 Market Update - Austin Real Estate Agent

March 2026 Market Update

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Central Texas home sales show steady momentum headed into spring selling season

 

The Austin-Round Rock-San Marcos MSA closed out the first quarter of 2026 with renewed market activity, with March data signaling a notable shift in buyer engagement. In March, the median home price reached $426,220 creating a more accessible entry point for buyers after several years of rapid price growth. Closed sales rose to 2,593 transactions, while pending sales climbed 15.4% to 3,357 transactions, reflecting increased buyer activity and forward-looking demand.

Vaike O’Grady, market research advisor at Unlock MLS, said, “What the quarterly figures don’t show is the shift we saw in market activity from February to March. Despite the uncertainty of the global geopolitical environment and higher interest rates, the Central Texas market is settling into a more typical pattern of activity. Double-digit month-over-month increases in pending and closed sales indicate that buyers are out there and making moves when the price is right. At the same time, we’re seeing a window open for buyers who have been priced out in previous years, especially first-time homebuyers, as more attainable pricing creates new opportunities to enter the market with greater confidence.”

John Crowe, 2026 Unlock MLS and ABoR president, underscored the importance of staying informed and working with professionals who understand the local market dynamics and bring MLS data intelligence and marketing tools to every transaction. “As activity picks up, we’re seeing a market that rewards preparation and strategy. Buyers and sellers who are informed and working with Unlock MLS agents are better positioned to navigate opportunities as they emerge. This is a market where timing and pricing matter, and having the right guidance can make all the difference in finding the right property and closing quickly.”

You’ll find comprehensive information on the current market stats right here.  Additionally, for more details, feel free to explore www.abor.com.

If you would like to see a comparison to the Market Stats from March 2025, click here.

If you’re curious about markets beyond Austin, take a look at the Corpus Christi market.

 

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