Steiner Ranch Housing Report - February 2026 | Austin Texas Real Estate скачать в хорошем качестве

Steiner Ranch Housing Report - February 2026 | Austin Texas Real Estate

Greetings! I'm Craig Smyser with 1835 Realty. Welcome to the February 2026 edition of "How's the Market in Steiner Ranch.” In January, 4 homes closed in Steiner Ranch which was down 80% from January 2024. Two things to know about the 80% drop. First, last year was an unusually high number of sales for a January. Second, this year was an unusually low number – in fact, it was the lowest since 2011. Before I share the prices with you, let me say they aren’t as weak as they sound. The median price in January decreased 32% to $650,000. The average price of a home decreased 27% to $756,250. The average price per square foot increased 3.0% to $278.55. With only four homes sold during the month, the data gets pretty skewed. In this case, three of the homes were under $675,000. So let’s look at a rolling six-month comparison to get a better picture of the market. The number of resale homes sold during the past six months is 67, down 12% from this same time frame the year prior. The median price of a home has increased 0.3% to $805,000. The average price decreased 9.0% to $920,081. The average price per square foot decreased 3.3% to $274.62. So you can see that we have two very different pictures of the market depending upon the snapshots we use. I can assure you reality is much closer to the longer range numbers than the January ones. The number of available resale homes at the end of January was 35, up 17% from last January. It’s the highest number for a January since 2018. The number of homes put on the market in January was 20, up 5.3% from last year and the highest of any January since 2020. Across Steiner, the January sales ranged from a low of $500,000 to a high of $1,225,000. The average sales price to list price ratio was 98.3% and for homes that closed in January, the average days on market was 162 up from 74 last January. Again, with just four sales, this stat is greatly skewed and not a reflection of what is normal because two of the homes had been on the market for 8 months and 11 months. I’m not concerned about the slower start to the year, because the number of contracts accepted in January was up, 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 me at 512-650-7300 or email me at Craig@RealEstateInAustin.com. Thanks for watching “How’s The Market in Steiner Ranch.” Craig Smyser, 1835 Realty 512-650-7300 http://www.RealEstateInAustin.com