Here are the June/2026 MLS single-family statistics for Austin, TX:
Looking at June’s home sales numbers, I have to go back to June/2021 (5 years ago) to find ANY month with 7 out of the 8 categories in green! I hope these numbers confirm for you that regardless of what you may read in the press about the real estate market in general, the Austin market is steadily recovering.
Compare last month’s numbers with our last two Junes and you can see the improvement across the board in every category.
Since June marks the end of the first half of 2026, I present the YTD averages for each category below. Again, we see improving numbers and 4 of the 8 categories in green. If/when we begin to see interest rate drops by the Fed in the coming months, I believe we will see the improvement accelerate.
Regarding interest rates, the chart below show what we have averaged each year from 1996 to the present. You can clearly see the dramatic increases from 2021 to 2023 that I have complained about in the past. The Fed, almost single-handedly, killed the robust market that was created shortly after the Covid-19 shutdown that started in March/202. Now, I’m not suggesting the market didn’t need to be slowed down since it was red-hot and unhealthy. However, if the Fed had started SLOWLY raising rates beginning in 2021 the market would have had a soft landing vs. the crashed landing we experienced. Also, when you consider our current rates about 6.5%, that is still below our 50-year average of 7.1%, so home buyers need to accept the fact that 3% mortgages are simply not coming back.
(512) 853-0110 or robert@AustinTxHomeSales.com
