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Greetings! I'm Craig Smyser with 1835 Realty. Welcome to the February 2026 edition of "How's the Market in Central Texas.” The stats I’m providing are resale homes only in Travis and Williamson Counties. More about that at the end. In January, 853 resale homes closed in Travis & Williamson Counties which was down 8.5% from January of ‘24. The median price in January decreased 0.5% to $440,000. In real estate, the primary way we measure home values is with the median price. But, there are other numbers worth examining. The average price of a home was up 0.2% to $595,169. The average price per square foot declined 1.4% to $275. The number of available homes in January was 5,539, up 7.3% from last January. During the month, 1940 new listings hit the market which was down 4.7% from last year. So its easy to see why prices dropped a bit. The demand was less than a year ago, and the number of available homes was up 7.3%. Simple economics of supply and demand right there. The average sales price to list price ratio was 96.9%. For homes that closed in January, the average days on market was 103, up from 90 last year. The January sales ranged from a low of $122,500 to a high of $5,225,000. I’m not concerned about the slower start to the year, because the number of contracts accepted in January was up 6.6%. So I expect we’ll see the first two months of this year be pretty on par with last year. I don’t expect this to be a breakout year, though. Mortgage rates continue to remain in a fairly narrow range, sitting in the low 6% range with a discount point. The spring market is already underway so if you’re thinking about buying or selling in the near future, contact me today. Of course, If you have any real estate related questions, please don’t hesitate to call or text me at 512-650-7300 or email me at Craig@RealEstateInAustin.com. Thanks for watching “How’s The Market in Central Texas.” The stats I’ve cited are resale homes only in Travis and Williamson County classified as single family residential, condominium, or townhouse. This is different than the stats released by the Austin Board of Realtors which include all types of homes and also include Hays, Bastrop, and Caldwell Counties. Plus, their numbers include any new construction homes listed in the MLS. Craig Smyser, 1835 Realty 512-650-7300 http://www.RealEstateInAustin.com