April 2026 Austin Stats: Spring Demand Outpaces 2024 and 2025
- 3 days ago
- 4 min read
April real estate stats for the Austin Metro are in! Here's what you need to know.
This month’s topic of conversation…buyer demand! Pending units jumped 17% year-over-year, the 2026 demand curve is running well ahead of both 2024 and 2025, and total sales increased 7.4%. Pricing remains soft on a year-over-year basis, but the volume story is unambiguously positive.
Key Highlights:
Total sales increased +7.4% year-over-year in the Austin Metro, with total volume sold up +7.6% to $1.63B for the month.
Total pending/under contract units surged +17% year-over-year, the strongest demand signal we've seen in over a year.
Average sold price was essentially flat at +0.2% year-over-year ($585,020), while median sold price declined -2.9% to $435,250.
Months of inventory dropped to 5.3 from 5.8 last April, a -9.1% improvement.
Average days on market increased to 85 from 77, up +10.4% year-over-year, reflecting longer marketing timelines despite stronger demand.
Average and Median Pricing Stabilize After a Soft Winter
Pricing tells two stories this month. On a year-over-year basis, average sold price held steady at +0.2% while median sold price slipped -2.9%. That gap between average and median suggests the upper end of the market is doing more of the heavy lifting, which is consistent with what we're seeing in our day-to-day work.
The more interesting story is the month-over-month trajectory. As you can see in the chart, both average and median prices bottomed out in January 2026 and have moved up meaningfully through Q1 and into April. The trendlines are still pointing slightly down on a 12-month view, but the recent direction has clearly reversed. Combined with the -3.4% decline in Average Sold $/SF, buyers are getting more square footage for their dollar, which is one reason we're seeing demand accelerate.
Pending Units Are Running Well Ahead of 2024 and 2025
This is the chart that matters most this month. The 2026 pending units curve (yellow line) is tracking substantially above both 2024 and 2025 through the first four months of the year. April 2026 pending units hit roughly 3,460, compared to roughly 3,000 in April 2025 and 2024. That's a meaningful gap, and it's been widening every month since February.
A few things are likely driving this. Mortgage rates have settled into a range that buyers have adjusted to, prices have softened enough to bring sidelined demand back, and inventory remains healthy enough that buyers have real options without feeling rushed. If this trajectory holds through May and June, we should see the strongest spring market Austin has had since 2022.
New Listings Track 2025 Almost Exactly
New listings in April 2026 came in at 5,753, down a negligible -0.7% year-over-year. What's notable is how closely the 2026 new listing curve has tracked 2025 month-by-month. Sellers are coming to market at roughly the same pace as last year, which is healthy. We're not seeing a flood of new inventory, and we're not seeing sellers pull back either.
The other data point worth flagging here is Seller Success Rate at 64.9%. That means roughly one in three listings is expiring or being withdrawn rather than closing. That's a meaningful number and reinforces what we've been saying for the last two years: pricing and presentation matter more than they did during the boom. Sellers who price realistically are selling. Sellers who chase the market or anchor to 2022 comps are sitting.
Broader Economic Indicators: Demand Catching Up to Affordability
The macro picture has improved enough to move the needle locally. Mortgage rates have stabilized, the Fed has signaled a more accommodating posture for the back half of 2026, and Austin's job market has shown signs of stabilizing after a sluggish 2024 and early 2025. None of these are dramatic positives on their own, but in combination they're enough to bring buyers back.
The lagging year-over-year price comparisons will start looking better as we cycle past the soft Q1 2026 numbers. By midsummer, we expect to see year-over-year price declines flatten and potentially flip positive, especially if pending unit strength translates into closed sales over the next 60 to 90 days.
If you’re a buyer
You still have leverage, but less of it than you had six months ago. Inventory is healthy at 5.3 months of inventory, sellers are negotiating, and prices are roughly flat on a year-over-year basis. The window of "low competition plus motivated sellers" is narrowing as the spring market heats up. If you've been waiting for a sign, the 17% jump in pending units is it. Move now while inventory is still abundant rather than waiting until June or July when competition will be higher.
If you’re a seller
This is the best selling environment we've had in two years, but the 64.9% Seller Success Rate is a reality check. One in three sellers is failing to close. The market rewards realistic pricing, good presentation, and a willingness to negotiate. If you're considering selling in 2026, the next 90 days are likely your best window. Demand is strong, inventory is manageable, and buyers are active. Just don't make the mistake of pricing as though it's still 2022.
Our goal as your trusted real estate advisors is to provide you with the information you need to help you reach your investment goals.
As always, real estate is hyperlocal and extremely situational, so please reach out to us to discuss your specific situation. We’d love to help you and strategize what’s in your best interest.
Cheers!
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