08/19/2026
It is fascinating to see how the Austin area markets are painting two very different pictures this July. While many zip codes are feeling the cooling effects of a normalizing market, a few pockets are showing remarkable resilience and even growth. For instance, in 78757, the median sales price jumped 26% year-over-year to $755,000, with appreciation climbing to 8.32%. That is a stark contrast to areas like 78758, where the median price plummeted 38% and appreciation dipped to -8.06%. Even in neighborhoods like 78628, we are seeing a positive shift: median price up 12% to $526,250 and appreciation turning positive at 1.02% after being negative last year. On the other hand, many zip codes such as 78745, 78660, and 78640 continue to see price reductions and negative appreciation, suggesting buyer caution and increased inventory.
One encouraging sign across the board: the gap between original and asking price is narrowing in most markets. In 78748, that gap improved from -3.0% to -2.11%, and in 78613 from -3.95% to -2.51%. Sellers are becoming more realistic, and buyers are finding better negotiating power. Withdrawn listings are also down in many areas, indicating fewer sellers pulling their homes off the market — a sign of market stability rather than panic. However, the median price per square foot continues to decline almost everywhere, reflecting softening values.
These mixed signals mean that a one-size-fits-all strategy simply won't work right now. Whether you are looking to buy in a strengthening pocket like 78757 or selling in a more balanced market like 78704, the key is understanding the hyperlocal data. That is exactly what I do every day. I dive into these numbers to help my clients make informed decisions, not emotional ones. If you are curious about what these trends mean for your specific zip code or property, I would love to help you cut through the noise.
Message me today to request a personalized market report tailored to your neighborhood, your timeline, and your goals. Let's turn these data points into a plan that works for you.
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