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Today’s Austin Real Estate Market Update - Monday, May 25, 2026, the Austin real estate market opens the final week of May with 17,016 active residential listings, down 1.85 percent from this time last year and 1,130 units below the June 2025 peak, while 50.1 percent of those listings have taken at least one price cut. The Activity Index reads 23.6 percent, keeping the resale market in the Softening phase, and Months of Inventory sits at 5.96 against last May's 6.21, a modest tightening even as pending contracts climb 6.0 percent year over year to 5,250. The median sold price rebounded to $462,500 in May, up 4.4 percent YoY, but remains 15.91 percent below the May 2022 peak, leaving the austin housing forecast tilted toward a slow, supply-led adjustment rather than a sharp turn. 

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