Downtown Austin Condo Market Update
April 2026 Market Report
Published by Jacob Hannusch on May 11, 2026 · Data sourced from Unlock MLS (formerly ACTRIS)
Downtown condo prices kept softening in April, but buyers showed up. 29 closings is up 70% year-over-year. After more than a year of sellers pricing where they wished the market was, April looks like the month buyers and sellers finally met in the middle.
Rolling 12-Mo Median $/SF
$667
↓ 13.5% YoY
Apr 2025: $771
April Median Sale Price
$537K
↑ 15.7% YoY
Apr 2025: $464K
April Closed Sales
29
↑ 70.6% YoY
Apr 2025: 17
Pending Contracts
25
↑ 13.6% YoY
Apr 2025: 22
Active Listings
221
↓ 7.5% YoY
Apr 2025: 239
April Median Days on Market
72 days
↓ 10.0% YoY
Apr 2025: 80 days
Downtown closed 29 condo sales in April, up 70% from the same month last year. Pending contracts are up too, and homes are selling about a week faster than they were a year ago. The rolling 12-month price line is still soft, down 13.5% from a year ago, but it ticked up for the first time in five months. More activity at lower prices is what a floor looks like forming.
A note on prices. Downtown only records 10 to 20 closings most months, so a single high-end sale can swing a single-month median by 20% or more. April's $537K median sale price is up 15.7% year-over-year, but the rolling 12-month $/SF is down 13.5%. Both are true. The rolling line is the cleaner read of where pricing actually is. The single-month number is included for context.
Median $/SF, rolling 12 months
Pricing slid about 13% from May 2025 through March 2026. April was the first uptick in five months.
Closed Transactions, rolling 12 months
Total closings in each rolling 12-month window. Current year passed prior year in March and kept climbing.
Pending contracts at month-end
Pending contracts open at the end of each month. Tracking well above prior year every month. Pending is a leading indicator and typically converts to closings within 30 to 60 days.
Active listings at month-end
Active inventory at the end of each month. Running below prior year all year. Supply is restrained, not flooding in.
Building by Building
360 Condominiums | As of April, 360 Condominiums has 29 active listings and 4 pending contracts, with a rolling 12-month median of $618/SF (↓ 6.6% YoY). Units are selling at a median of 46.5 days on market with 12 months of supply. That puts it in a buyer’s market. 6 sales closed this month. View active listings → Seaholm Residences | As of April, Seaholm Residences has 14 active listings, with a rolling 12-month median of $723/SF (↓ 16.8% YoY). Units are selling at a median of 136 days on market with 11.2 months of supply. That puts it in a buyer’s market. 8 sales closed this month. View active listings → The Independent | As of April, The Independent has 9 active listings and 4 pending contracts, with a rolling 12-month median of $938/SF (↓ 12.8% YoY). Units are selling at a median of 56 days on market with 6 months of supply. That puts it in a tight market. 4 sales closed this month. View active listings → The Towers of Town Lake | As of April, The Towers of Town Lake has 5 active listings and 1 pending contract, with a rolling 12-month median of $309/SF (↓ 9.4% YoY). Units are selling at a median of 77 days on market with 4.6 months of supply. That puts it in a tight market. 4 sales closed this month. View active listings → Natiivo | As of April, Natiivo has 26 active listings and 2 pending contracts, with a rolling 12-month median of $807/SF (↓ 10.4% YoY). Units are selling at a median of 117.5 days on market with 26 months of supply. That puts it in a buyer’s market. 2 sales closed this month. View active listings → See all buildings.▼
Spring Condominiums | As of April, Spring Condominiums has 5 active listings and 3 pending contracts, with a rolling 12-month median of $687/SF (↓ 3.0% YoY). Units are selling at a median of 42 days on market with 8.6 months of supply. That puts it in a buyer’s market. 1 sale closed this month. View active listings → Greenwood Tower | As of April, Greenwood Tower has 10 active listings and 2 pending contracts, with a rolling 12-month median of $302/SF (↑ 3.4% YoY). Units are selling at a median of 63.5 days on market with 20 months of supply. That puts it in a buyer’s market. 1 sale closed this month. View active listings → 44 East | As of April, 44 East has 26 active listings and 2 pending contracts, with a rolling 12-month median of $829/SF (↓ 4.6% YoY). Units are selling at a median of 136 days on market with 22.3 months of supply. That puts it in a buyer’s market. View active listings → 70 Rainey | As of April, 70 Rainey has 12 active listings and 2 pending contracts, with a rolling 12-month median of $889/SF (↓ 11.5% YoY). Units are selling at a median of 123.5 days on market with 24 months of supply. That puts it in a buyer’s market. View active listings → Westgate Tower | As of April, Westgate Tower has 1 active listing and 1 pending contract, with a rolling 12-month median of $515/SF (↓ 5.7% YoY). Units are selling at a median of 43 days on market with 2 months of supply. That puts it in a tight market. 1 sale closed this month. View active listings → 5th & West | As of April, 5th & West has 11 active listings, with a rolling 12-month median of $729/SF (↓ 11.2% YoY). Units are selling at a median of 81 days on market with 14.7 months of supply. That puts it in a buyer’s market. 1 sale closed this month. View active listings → Milago | As of April, Milago has 2 active listings and 1 pending contract, with a rolling 12-month median of $450/SF (↓ 13.1% 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. View active listings → The Austonian | As of April, The Austonian has 4 active listings and 1 pending contract, with a rolling 12-month median of $1118/SF (↑ 10.7% YoY). Units are selling at a median of 64 days on market with 4 months of supply. That puts it in a tight market. View active listings → The Linden | As of April, The Linden has 10 active listings and 1 pending contract, with a rolling 12-month median of $700/SF (flat YoY). Units are selling at a median of 100 days on market with 40 months of supply. That puts it in a buyer’s market. View active listings → The Shore Condominiums | As of April, The Shore Condominiums has 5 active listings and 1 pending contract, with a rolling 12-month median of $473/SF (↓ 14.2% YoY). Units are selling at a median of 133 days on market with 12 months of supply. That puts it in a buyer’s market. View active listings → 5 Fifty Five | As of April, 5 Fifty Five has 5 active listings, with a rolling 12-month median of $498/SF (↓ 0.4% YoY). Units are selling at a median of 50 days on market with 8.6 months of supply. That puts it in a buyer’s market. View active listings → 904 West | As of April, 904 West has 3 active listings, with a rolling 12-month median of $506/SF (flat YoY). Units are selling at a median of 88 days on market with 36 months of supply. That puts it in a buyer’s market. View active listings → Austin City Lofts | As of April, Austin City Lofts has 7 active listings, with a rolling 12-month median of $473/SF (flat YoY). Units are selling at a median of 58 days on market with 21 months of supply. That puts it in a buyer’s market. View active listings → Brazos Place | As of April, Brazos Place has 1 active listing, with a rolling 12-month median of $400/SF (↓ 4.3% YoY). Units are selling at a median of 72 days on market with 4 months of supply. That puts it in a tight market. View active listings → Brown Building | As of April, Brown Building has 1 active listing, with a rolling 12-month median of $493/SF (↑ 6.0% YoY). Units are selling at a median of 27.5 days on market with 2 months of supply. That puts it in a tight market. View active listings → Cambridge Tower | As of April, Cambridge Tower has 7 active listings, with a rolling 12-month median of $456/SF (↑ 9.9% YoY). Units are selling at a median of 53 days on market with 16.8 months of supply. That puts it in a buyer’s market. View active listings → Celia's Court | As of April, Celia's Court has 3 active listings, with a rolling 12-month median of $456/SF (↓ 4.6% YoY). Units are selling at a median of 92.5 days on market with 18 months of supply. That puts it in a buyer’s market. View active listings → Four Seasons Residences | As of April, Four Seasons Residences has 4 active listings, with a rolling 12-month median of $1364/SF (↑ 11.3% YoY). Units are selling at a median of 48.5 days on market with 8 months of supply. That puts it in a balanced market. View active listings → Nokonah | As of April, Nokonah has 4 active listings, with a rolling 12-month median of $737/SF (↓ 11.0% YoY). Units are selling at a median of 107.5 days on market with 24 months of supply. That puts it in a buyer’s market. View active listings → Penthouse Condos | As of April, Penthouse Condos has 1 active listing, with a rolling 12-month median of $474/SF (↑ 9.0% YoY). Units are selling at a median of 98 days on market with 4 months of supply. That puts it in a tight market. View active listings → Sabine on 5th | As of April, Sabine on 5th has 2 active listings, with a rolling 12-month median of $383/SF (↓ 13.3% YoY). Units are selling at a median of 230 days on market with 12 months of supply. That puts it in a buyer’s market. View active listings → The W Residences | As of April, The W Residences has 14 active listings, with a rolling 12-month median of $924/SF (↓ 12.3% YoY). Units are selling at a median of 98.5 days on market with 28 months of supply. That puts it in a buyer’s market. View active listings → Building Spotlight
The Independent: What the recovery looks like at the top of the market
The Independent posted 4 closings in April and has 4 more under contract, meaningful volume for a building this size. Nine units are active. Rolling 12-month median is $938/SF, down 12.8% from last year, with 6 months of supply (right at the balanced line, and tighter than the roughly 12-month downtown average). This is what "pricing has reset" looks like for downtown's premier tower: more activity, lower per-foot prices, and inventory clearing at the new number.
If you're a buyer
Selection is the best it's been in two years and sellers are negotiating. The close-to-list ratio is 95.3%, which means buyers are routinely getting 4 to 6% off ask. Deeper concessions are available on listings that have aged.
The catch is that April's volume jump is the first sign the window is starting to close. Some buildings have real negotiating room right now. Others are firming up faster than the headline number suggests.
Want to dive into what's possible downtown? Start a conversation with Jacob.
If you're a seller
Price to the market that exists. 14 listings failed in April, priced about 28% above where comparable units actually closed. Sellers transacting in 60 to 90 days are the ones priced to today, not to 2022.
If you're listing in 2026, go now. Buyer activity typically peaks May through June, and getting in front of the wave matters more than waiting for the right number.
Curious about how to position your condo? Start a conversation with Jacob.
Frequently Asked Questions
Is downtown Austin a buyer’s or seller’s market right now?
As of April 2026, downtown Austin is a buyer’s market with roughly 12 months of supply (6 to 8 months is balanced). But absorption is picking up. April closings were up 70% YoY, so the real-time market is tightening faster than the headline number suggests.
What is the average price per square foot for downtown Austin condos?
As of April 2026, the rolling 12-month median is $667/SF, down 13.5% year-over-year. Pricing varies widely by building, so building-specific data matters more than the headline number.
How many condos are for sale in downtown Austin?
As of April 2026, there are 221 active listings and 25 pending contracts across downtown Austin.
Which downtown Austin condo buildings are performing best?
Westgate Tower and Brown Building have the tightest supply downtown. Four Seasons Residences posted the strongest price appreciation at +11.3% year-over-year, followed by The Austonian (+10.7%) and Cambridge Tower (+9.9%).
Is it a good time to buy a condo in downtown Austin?
As of April 2026, buyers have leverage: roughly 12 months of supply, a 95.3% close-to-list ratio, and rolling pricing down 13.5% year-over-year. Working with an agent who tracks building-level data is critical.
Is it a good time to sell a condo in downtown Austin?
Pricing accuracy is critical. 14 listings failed in April 2026, listed roughly 28% above where deals actually closed. Sellers who price to the current market are finding buyers; those who test it are watching listings expire.
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+
Rolling 12-month median: Downtown only records 10 to 20 closings per month, so a single month can swing dramatically. Computing the median across the trailing 12 months smooths the noise. This is why every headline price number in this report is reported on a rolling basis.
Active listings: Units in the MLS, not under contract, as of the last day of the report month.
Pending contracts: Units under contract but not yet closed as of month-end. A leading indicator of upcoming closings.
Months of supply: Active listings divided by average monthly closings over the trailing 12 months. Below 6 favors sellers, above 8 favors buyers, 6 to 8 is balanced.
Days on market (DOM): Days between a listing going active and the seller accepting an offer.
Close-to-list ratio: Final sale price divided by the most recent list price at time of contract. Below 97% indicates meaningful buyer negotiation.
Year-over-year (YoY): Same period one year earlier. For rolling 12-month metrics, the trailing window vs. the same window a year ago. For single-month metrics, the report month vs. the same calendar month last year.
Building spotlight selection: Spotlights are chosen from buildings with enough recent activity to be meaningful (at least 3 active listings, 3 trailing-12 closings, and 1 pending) so the data isn't distorted by tiny denominators.
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 April 2026 vs. the trailing 12 months ending April 2025.
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