Here’s your quick, no-fluff snapshot of what’s happening in the Greater Austin real estate market based on our March 2026 First Look Statistics 👇
📊 March 2026 Market Snapshot
The spring market is gaining momentum—and the data is showing it.
📈 Pending Sales: +11.9% YOY
📈 Closed Sales: +5.6%
💰 Total Dollar Volume: +4.3% ($1.57B)
⚖️ Inventory: 5.8 months (balanced market)
📉 Prices: Slightly down YOY, but stabilizing
🏦 Mortgage Rates: ~6.37% (down from late March highs)
👉 Bottom line: Buyer activity is increasing, and the market is moving in a healthier direction.
📉 Prices: Stabilizing, Not Falling
While prices are still slightly below last year:
✔️ The rate of decline is slowing
✔️ Month-over-month trends are flattening
✔️ Seasonal appreciation is returning
👉 This points to a stabilizing market, not a declining one.
🔥 Demand Is Picking Up
📊 Pending homes up nearly 12%—our strongest demand signal in months.
✔️ Buyers are actively making decisions
✔️ Q2 closings are expected to increase
✔️ Competition is beginning to build again
🏡 Inventory: More Options, More Strategy Required
✔️ Active listings are up
✔️ Average Days on Market: 101
✔️ Fewer sellers are withdrawing listings
👉 Buyers have more choices, but sellers must be strategic to stand out.
💰 Mortgage Rates: Moving in the Right Direction
📉 Rates have eased to ~6.37% after peaking above 6.6% in March
✔️ Improved affordability
✔️ Increased buyer engagement
👉 Continued stability (or improvement) in rates could further boost demand.
🧠 What This Means for You
🏡 Buyers
✔️ More inventory and options
✔️ Prices still below recent peaks
✔️ Rates improving
⚠️ But competition is increasing
👉 If you find the right home at the right price, this is a solid time to act.
🏠 Sellers
✔️ Demand is improving
✔️ Spring is the strongest selling season
⚠️ Inventory remains elevated
👉 Proper pricing and preparation are critical.
Well-positioned homes are selling—overpriced ones are sitting.
📣 Call to Action
This market is shifting, and strategy matters more than ever.
If you’re thinking about:
🏡 Buying
💰 Selling
📊 Or just want to understand your home’s value
📲 Let’s connect and create a plan tailored to your goals.
Sean Harden Realty®
Integrity. Relationships. Results.
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