February 2026 Market Update - Austin Real Estate Agent

February 2026 Market Update

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Central Texas housing market gains momentum as spring selling-season approaches

February 2026 the Austin-Round Rock-San Marcos MSA is showing renewed momentum heading into the spring homebuying season. Pending sales reached 2,690 transactions in February, up 13.9% year over year. At the same time, the close-to-list price ratio improved from 90.6% in December to 92.0% in February, signaling that buyers and sellers are more aligned.

Vaike O’Grady, market research advisor at Unlock MLS, “The inventory count average was around 12,076 for the past two years, but in February, we saw active listings fall to 10,000 across the MSA, down 4.8% from a year ago. This tells us that sellers are returning to the market at roughly the same pace as last year, but buyers are coming back faster. These balanced market conditions have given buyers a chance to catch up. It’s a good sign that healthy momentum is fueling the market.”

John Crowe, 2026 Unlock MLS and ABoR president, “A lot of buyers have spent the past year watching and waiting, wondering if prices would keep falling or if they should hold out longer. What we’re seeing now is that market conditions are increasingly favorable for more buyers to act. That’s where the Multiple Listing Service and working with a professional agent need to go hand in hand. Unlock MLS gives agents the most current and comprehensive view of the market, so clients aren’t making decisions based on headlines but on real data and professional market expertise.”

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 February 2025, click here.

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

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