Downtown Austin Condo Market Update
First Half 2026 Market Report
Published by Jacob Hannusch on July 21, 2026 · Data sourced from Unlock MLS (formerly ACTRIS)
Downtown Austin closed 132 condo sales in the first half of 2026, the busiest first half since the 2021 boom and up 23% from a year ago. Pricing stayed soft, holding at $688 per square foot, roughly flat year-over-year and still well below the 2023–24 peak.
Condos Closed (H1)
132
↑ 23.4% YoY
H1 2025: 107
Median Closed $/SF
$688
↓ 1.3% YoY
H1 2025: $697
Median Sale Price
$619K
↓ 4.8% YoY
H1 2025: $650K
Median Days on Market
57 days
↓ 28.7% YoY
H1 2025: 80 days
Months of Supply
12.3
↓ 20.1% YoY
Mid-2025: 15.4
Failed Listings (H1)
131
↓ 10.3% YoY
H1 2025: 146
The first half came down to one thing: sellers met buyers where they are. Downtown closed 132 condos between January and June, up 23% from 107 a year ago and the most since 2021. Homes sold faster, a median of 57 days versus 80, and fewer listings failed. Getting there took real price cuts, and sellers who were finally ready to make them.
A year ago, a lot of sellers were still listing well above what was actually trading. Those homes sat, then expired, and buyers waited them out. That standoff is why 2025 saw so few deals. This year more sellers have accepted today's numbers. The typical condo sold for $619,000, down from $650,000 a year ago, at $688 per square foot. That is the tail end of a correction that has taken downtown pricing more than 20% below its 2023 peak. Priced to that reality, homes move: months of supply fell from 15.4 at mid-2025 to 12.3 at mid-2026. Still a buyer's market, where six to eight months is balanced, but a tightening one.
The turnaround. After two years of falling prices, downtown steadied in 2026. Prices held flat while everything underneath turned: more sales, faster sales, fewer failed listings, and tighter supply.
Condos closed, first half of each year
Condos closed in the first half of each year. The 2021 boom, the 2023–24 freeze when high rates stalled the market, and 2026's rebound to the busiest first half since.
Median days on market, first half of each year
Median days from listing to accepted offer for condos sold in the first half of each year. Homes traded in a week during the 2022 boom; the correction pushed that to 80 days in 2025 before easing to 57.
Median $/SF, first half of each year
Median closed price per square foot for condos sold in the first half of each year. The 2021–22 run-up, the 2023 peak, and the correction since.
Failed listings, first half of each year
Sale listings that came off the market without closing in the first half of each year. Almost none failed during the 2021–22 boom. Failures peaked in 2025 as sellers overpriced, then eased in 2026 as they met the market.
Building by Building
360 Condominiums | As of mid-2026, 360 Condominiums has 32 active listings and 3 pending contracts, with a rolling 12-month median of $612/SF (↓ 8.9% YoY). Units are selling at a median of 73 days on market with 12.8 months of supply. That puts it in a buyer’s market. 21 sales closed in the first half of 2026. View active listings → The Independent | As of mid-2026, The Independent has 8 active listings and 1 pending contract, with a rolling 12-month median of $941/SF (↓ 1.6% YoY). Units are selling at a median of 37 days on market with 4.4 months of supply. That puts it in a tight market. 14 sales closed in the first half of 2026. View active listings → 44 East | As of mid-2026, 44 East has 25 active listings and 6 pending contracts, with a rolling 12-month median of $818/SF (↓ 2.0% YoY). Units are selling at a median of 115 days on market with 15.8 months of supply. That puts it in a buyer’s market. 8 sales closed in the first half of 2026. View active listings → Seaholm Residences | As of mid-2026, Seaholm Residences has 14 active listings, with a rolling 12-month median of $759/SF (↓ 10.7% YoY). Units are selling at a median of 133 days on market with 9.3 months of supply. That puts it in a buyer’s market. 14 sales closed in the first half of 2026. View active listings → 5th & West | As of mid-2026, 5th & West has 7 active listings and 1 pending contract, with a rolling 12-month median of $725/SF (↓ 9.5% YoY). Units are selling at a median of 70 days on market with 7 months of supply. That puts it in a balanced market. 8 sales closed in the first half of 2026. View active listings → See all buildings.▼
The Austonian | As of mid-2026, The Austonian has 4 active listings and 2 pending contracts, with a rolling 12-month median of $1099/SF (↑ 2.2% YoY). Units are selling at a median of 63 days on market with 6 months of supply. That puts it in a tight market. 5 sales closed in the first half of 2026. View active listings → Spring Condominiums | As of mid-2026, Spring Condominiums has 7 active listings and 1 pending contract, with a rolling 12-month median of $712/SF (↑ 4.6% YoY). Units are selling at a median of 10 days on market with 12 months of supply. That puts it in a buyer’s market. 6 sales closed in the first half of 2026. View active listings → The Towers of Town Lake | As of mid-2026, The Towers of Town Lake has 8 active listings, with a rolling 12-month median of $295/SF (↓ 17.8% YoY). Units are selling at a median of 72 days on market with 8.7 months of supply. That puts it in a buyer’s market. 7 sales closed in the first half of 2026. View active listings → Natiivo | As of mid-2026, Natiivo has 29 active listings, with a rolling 12-month median of $772/SF (↓ 14.3% YoY). Units are selling at a median of 118 days on market with 29 months of supply. That puts it in a buyer’s market. 7 sales closed in the first half of 2026. View active listings → 70 Rainey | As of mid-2026, 70 Rainey has 8 active listings and 3 pending contracts, with a rolling 12-month median of $854/SF (↓ 8.6% YoY). Units are selling at a median of 103 days on market with 19.2 months of supply. That puts it in a buyer’s market. 2 sales closed in the first half of 2026. View active listings → The W Residences | As of mid-2026, The W Residences has 10 active listings and 2 pending contracts, with a rolling 12-month median of $956/SF (↓ 9.2% YoY). Units are selling at a median of 114 days on market with 15 months of supply. That puts it in a buyer’s market. 3 sales closed in the first half of 2026. View active listings → Milago | As of mid-2026, Milago has 2 active listings and 2 pending contracts, with a rolling 12-month median of $450/SF (↓ 11.9% YoY). Units are selling at a median of 176 days on market with 2.2 months of supply. That puts it in a tight market. 3 sales closed in the first half of 2026. View active listings → The Shore Condominiums | As of mid-2026, The Shore Condominiums has 3 active listings and 2 pending contracts, with a rolling 12-month median of $445/SF (↓ 14.8% YoY). Units are selling at a median of 103 days on market with 6 months of supply. That puts it in a tight market. 2 sales closed in the first half of 2026. View active listings → Austin City Lofts | As of mid-2026, Austin City Lofts has 5 active listings and 1 pending contract, with a rolling 12-month median of $474/SF (flat YoY). Units are selling at a median of 70 days on market with 12 months of supply. That puts it in a buyer’s market. 3 sales closed in the first half of 2026. View active listings → Penthouse Condos | As of mid-2026, Penthouse Condos has 1 active listing and 2 pending contracts, with a rolling 12-month median of $396/SF (↓ 12.8% YoY). Units are selling at a median of 38 days on market with 4 months of supply. That puts it in a tight market. 2 sales closed in the first half of 2026. View active listings → Brown Building | As of mid-2026, Brown Building has 0 active listings, with a rolling 12-month median of $496/SF (↑ 12.7% YoY). Units are selling at a median of 26 days on market. 4 sales closed in the first half of 2026. View active listings → The Linden | As of mid-2026, The Linden has 12 active listings, with a rolling 12-month median of $700/SF (flat YoY). Units are selling at a median of 86 days on market with 28.8 months of supply. That puts it in a buyer’s market. 3 sales closed in the first half of 2026. View active listings → Greenwood Tower | As of mid-2026, Greenwood Tower has 10 active listings and 2 pending contracts, with a rolling 12-month median of $285/SF (↓ 5.0% YoY). Units are selling at a median of 159 days on market with 60 months of supply. That puts it in a buyer’s market. 1 sale closed in the first half of 2026. View active listings → Plaza Lofts | As of mid-2026, Plaza Lofts has 2 active listings, with a rolling 12-month median of $471/SF (flat YoY). Units are selling at a median of 42 days on market with 12 months of supply. That puts it in a buyer’s market. 2 sales closed in the first half of 2026. View active listings → Building Spotlight
The Independent: the luxury tower holding its line
The Independent was the most active tower at the top of the market. It logged 14 first-half closings, second only to 360 Condominiums, with units moving at a median of 37 days on market. On the deepest sales volume of any luxury high-rise, its rolling 12-month median held at $941 per square foot, down just 1.6% year-over-year while the broader market softened. A handful of thinner-traded towers posted bigger price gains, but those swing on one or two sales. The Independent held its line on real volume. With 8 active listings against that pace, months of supply sits at 4.4, the tightest of any large building downtown.
If you're a buyer
You have more leverage than at any point since the pandemic. Selection is deep, prices have corrected, and sellers are negotiating. The building table above shows where the softest pricing and the longest days on market are. That is where the room is.
Want to dive into what's possible downtown? Start a conversation with Jacob.
If you're a seller
Volume is back, but only for homes priced to today. The condos that closed sold at a median of 96% of list, most in under two months. The 131 listings that failed in the first half, withdrawn or expired without a sale, were priced a median of 23% above where deals actually closed. That gap is the whole story. Accuracy is everything right now.
Curious about how to position your condo? Start a conversation with Jacob.
Want a deeper dive? Explore a breakdown by building, area, bed count, view orientation, floor plan, and more.
Reach out directly and I'll send you a full building breakdown.
Frequently Asked Questions
Is downtown Austin a buyer’s or seller’s market in 2026?
As of mid-2026, downtown Austin is a buyer’s market. There are roughly 12 months of supply, where 6 to 8 months is considered balanced.
How much have downtown Austin condo prices changed?
Through the first half of 2026, the median closed price is $688 per square foot, roughly flat year-over-year but down more than 20% from the 2023 peak of $893 per square foot.
Is the downtown Austin condo market slowing down?
Not on volume. Downtown closed 132 condo sales in the first half of 2026, the most since 2021 and up 23% year-over-year. It is pricing, not buyer activity, that has softened.
Who is a good Realtor for downtown Austin condos?
Jacob Hannusch (JacobInAustin) lives and works downtown and focuses his practice on the downtown Austin condo market. He analyzes building-level trends closely, tracks new developments as they come online, has mapped every floor plan across all downtown towers, and surfaces opportunities across the full downtown footprint. He publishes monthly market reports, a bi-weekly downtown newsletter, and is active in the downtown community. Reach out at jacobinaustin.com or jacob@jacobinaustin.com.
How to Read This Report+
First half (H1): All condo sales that closed between January 1 and June 30 of the given year, based on Unlock MLS (formerly ACTRIS) data for downtown Austin. Year-over-year comparisons hold the same January–June window one year earlier.
Rolling 12-month median: Downtown records only 15 to 30 condo closings per month, so a single month's median can swing sharply on a few high- or low-priced sales. Building-level figures use the median across the trailing 12 months to smooth that noise.
Active and pending listings: Counts are taken from the end-of-June snapshot each year: units listed for sale (active) or under contract but not yet closed (pending) as of June 30, enabling a clean year-over-year comparison.
Months of supply: Active listings divided by the average monthly closings over the trailing 12 months. Below 6 months favors sellers; above 8 favors buyers; 6 to 8 is balanced. The mid-year figure uses active inventory as of June 30.
Failed listings: Sale listings withdrawn, expired, or canceled during the period without closing. A high count, especially at list prices well above where deals close, signals sellers testing the market rather than meeting it.
Days on market (DOM): Days between a listing going active and the seller accepting an offer. Lower DOM signals stronger demand.
Close-to-list ratio: Final sale price divided by the list price at the time of contract. Near or above 100% means sellers are getting their ask; below 97% signals real buyer negotiation.
Jacob Hannusch · Downtown Austin Condo Specialist
Data sourced from Unlock MLS (formerly ACTRIS). All figures based on condos in downtown Austin. Rolling 12-month averages compare the trailing 12 months ending First Half 2026 vs. the trailing 12 months ending First Half 2025.
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