Central Texas Home Sales Rise 2% to 2,648 as Mortgage Rates Dip Below 6%

4 articles · Updated · Community Impact · May 18

April home sales in the Austin-Round Rock-San Marcos metro rose 2% from a year earlier to 2,648, the strongest monthly total so far in 2026 after weaker January-through-March readings.
Pending sales jumped 15.4% to 3,411 as buyers who had delayed searches moved after 30-year fixed mortgage rates briefly fell below 6% in late February and 15-year rates dropped to 5.35%.
Pricing signals stayed mixed: the median sale price fell 1.9% year over year to $440,000, while the average close-to-list ratio improved to 94.8% from 91% in January.
Unlock MLS said the April data points to improving buyer confidence and urgency, though correctly priced homes remain key and borrowing costs are still relatively high.

As Austin's sales rise, are sellers finally regaining leverage in America's slowest real estate market?

Austin's home sales are up, but prices keep falling. Is this a market recovery or just a dead cat bounce?

Austin's pro-building policies created a supply glut. Will this now speed up recovery or deepen the price correction?