April 2026 Austin Luxury Real Estate Price Report

Eleven Oaks Realty is proud to present their April 2026 Austin Luxury Real Estate Price Report measuring activity in the luxury home market across Travis, Williamson, and Hays Counties. For this report, luxury is defined as any home that sold for $1,000,000 or more.

April 2026 delivered a standout month for Austin luxury real estate. The number of closed luxury sales surged to 270, up 17.4% from April 2025 and up 21.1% from March 2026, making it one of the most active months the market has seen in several years. Median sold price came in at $1,338,000, down 2.7% year over year and down 4.2% from March, while median time to sell tightened to just 18 days, a full day faster than April 2025 and six days faster than last month. This report covers closed luxury home sales from April 1 through April 30, 2026 in Travis, Williamson, and Hays Counties.

April 2026 Austin Luxury Real Estate Market Highlights

• The median sold price for a luxury home in April 2026 was $1,338,000, down 2.7% from $1,375,000 in April 2025 and down 4.2% from $1,397,000 in March 2026.
• 270 luxury homes closed in April 2026, a 17.4% increase from the 230 sales recorded in April 2025 and a 21.1% jump from the 223 sales in March 2026.
• Median time to sell was 18 days in April, one day faster than the 19-day median in April 2025 and six days faster than the 24-day median in March 2026.
• New luxury listings fell 13% year over year in April while new under contracts jumped 42.2%, a significant signal that buyer demand is outpacing incoming supply.
• Travis County led all three counties in sales volume with 199 closings, followed by Hays County with 38 and Williamson County with 33.

April 2026 Austin Luxury Real Estate Market Overview

April 2026 was a month where the Austin luxury market sent a clear and encouraging message: buyers are back in force. The combination of rising sales volume, contracting days on market, and a surge in new under contracts points to a market that is gaining momentum heading into spring and summer. Prices remain modestly below their year-ago levels, which is creating an opening for buyers who have been waiting for conditions to improve before committing to a purchase in the $1 million-plus range.

When you look at all three metrics together, a coherent story emerges. The fact that 270 luxury homes closed in a single month while median days on market held at just 18 days tells you that well-priced luxury homes are moving quickly. The modest price decline year over year is not a sign of distress; it reflects a market that is finding equilibrium after several years of elevated pricing. Sellers who price realistically are getting to the closing table, with buyers receiving on average about 5.6% off the original list price and about 3.6% off the final list price.

A note on data sources: this report draws from two sources, Rebecca’s direct Unlock MLS pull and the CentralTX aggregated platform, which may show slightly different transaction counts due to timing and methodology. Body text and narratives in this report reflect 270 sales from the direct MLS pull; chart images may reflect 267 sales from the aggregated platform. Both sources confirm the same overall market direction.

April 2026 Austin Luxury Real Estate Price and Negotiation Trends

In April 2026, the median luxury home sold at 97% of its final list price and 95% of its original list price. That gap between the two figures, about two percentage points, reflects the reality that a meaningful portion of luxury sellers reduced their price at least once before finding a buyer. On average, sellers received 96.42% of their final list price and 94.42% of their original asking price, meaning buyers in the luxury segment had real room to negotiate, particularly on homes that had been sitting on the market or had already taken a price cut.

The negotiation dynamic varied noticeably by price range. Homes priced between $1.2 million and $1.39 million had a median days on market of just 11 days and buyers in that segment averaged about 2.3% under asking, suggesting nearly balanced conditions. At the $1.4 million-and-above tier, median days on market was 22 days and buyers averaged about 4.2% under asking, reflecting the greater supply pressure at the top end of the market where 8.1 months of inventory was available as of the report date.

For buyers, these numbers mean there is meaningful negotiating leverage, especially on homes that have already taken a price reduction. For sellers, pricing realistically from the start remains the most effective strategy. Homes that entered the market close to their true value tended to close faster and at a higher percentage of their asking price than those that started high and chased the market down.

Median Sold Price Down 2.7% Year Over Year

The median sold price for a luxury home in April 2026 was $1,338,000, down 2.7% from $1,375,000 in April 2025 and down 4.2% from $1,397,000 in March 2026. April’s figure is the lowest median sold price recorded in the first four months of 2026, continuing a pattern where early-year months showed stronger pricing than the market carried into April.

Looking at the three-year history in the chart above, luxury prices in Austin have been trading within a relatively defined band, generally between $1,300,000 and $1,400,000 on a median basis. The 2026 line is tracking near the lower end of that range in the early months of the year. This is not an unusual pattern; spring pricing in the luxury segment can soften as more inventory comes to market before summer demand accelerates.

For buyers, a median price that is sitting near the lower end of its recent historical range represents a genuine opportunity. The luxury market in Austin remains well above its pre-pandemic baseline, but the current pricing environment offers buyers better value than they would have found in 2021 or 2022. Sellers should be aware that achieving a price at or above the median will require clean, well-presented homes with pricing that reflects current market conditions rather than peak-era expectations.

Number of Luxury Home Sales Up 17.4% Year Over Year

270 luxury homes sold in Austin in April 2026, up 17.4% from 230 sales in April 2025 and up 21.1% from 223 sales in March 2026. April’s total of 270 closings is the highest single-month sales count recorded in the 2024-to-2026 data window and represents a meaningful acceleration in transaction volume from the pace set earlier in the year.

The surge in closed sales is even more significant when paired with the new under contracts data. New under contracts in April jumped 42.2% year over year, meaning the pipeline of pending luxury sales heading into May is also swelling. This is not a one-month spike but appears to be a sustained uptick in buyer activity that began building in early 2026. Total sales volume for April reached approximately $442.7 million based on CentralTX data, up 14.5% from the previous year.

What is driving the volume increase? Several factors are likely at play: prices that have pulled back modestly from their recent peaks, days on market that remain short enough to give buyers confidence in liquidity, and a spring season that brought motivated buyers off the sidelines. For sellers, the higher volume is encouraging because it means more transactions are happening, which creates more data points to support accurate pricing. For buyers, the higher volume confirms that Austin luxury remains an active and liquid market even at price points above $1 million.

Median Time to Sell Down 5.3% Year Over Year

The median luxury home in Austin took 18 days to sell in April 2026, down 5.3% from 19 days in April 2025 and down 25% from 24 days in March 2026. The average days on market was 49 days, a figure that is pulled upward by a small number of homes that lingered on the market for extended periods, including at least one that took 356 days to sell.

The three-year days on market chart tells an important story about the seasonal rhythm of the Austin luxury market. Days on market tends to contract in the spring and expand in the late summer and fall months. April has historically been one of the more competitive months for luxury buyers, and the 18-day median this April is consistent with that seasonal pattern. The gap between median (18 days) and average (49 days) is a reminder that while the typical luxury home moves fairly quickly, a portion of the inventory struggles to attract offers without significant price adjustments.

For buyers, a median of 18 days means you should be prepared to move decisively on homes that are priced correctly. Well-positioned homes in desirable areas are not sitting around waiting. For sellers, the 18-day median is a target worth aiming for. Homes that price accurately and show well tend to hit or beat that median, while those that test the market with an aggressive ask often end up in the long tail of the average.

Austin Luxury Market Sales Breakdown by Price Range

The $1.4 million-and-above segment dominated April 2026 luxury sales with 102 closings, the largest share of any price range. The $1 million to $1.19 million range came in second with 78 sales, followed by the $1.2 million to $1.39 million range with 60 sales. An additional 9 sales fell in the $800,000 to $999,999 range, which the aggregated platform captures but technically falls below the $1 million luxury threshold used in this report.

The distribution across price ranges reflects a healthy breadth to April’s activity. The entry-level luxury tier ($1M to $1.19M) recorded 34.5% more sales than the same period last year, suggesting that buyers who had been priced out of the market or waiting for conditions to improve are finding opportunity there. The $1.4M-plus segment saw a slight dip of 2.9% year over year, which is consistent with the elevated months of supply (8.1 months) that exists at the top of the market. The $1.2M to $1.39M sweet spot remains the fastest-moving price range with a median of just 11 days on market.

Austin Luxury Market Sales by County

Travis County dominated April 2026 luxury sales with 199 closings, representing 73.7% of all luxury transactions across the three-county market. Hays County recorded 38 sales and Williamson County had 33 closings. Year over year, all three counties showed strong growth: Travis County was up 7.6%, Hays County surged 76.2% (from 21 to 37 sales per the aggregated platform), and Williamson County was up 29.2%.

The median sold price by county tells a clear story about where luxury pricing is concentrated. Travis County’s median sale came in at $1,386,000, reflecting its concentration of established luxury neighborhoods in central and west Austin. Hays County recorded a median of $1,230,000 and Williamson County came in at $1,212,895, both appealing to buyers who want more square footage and land at a lower price point than core Travis County can deliver at the luxury tier.

The percentage of homes selling over or under asking varied modestly by county: Travis at -3.82%, Hays at -3.41%, and Williamson at -4.71%. Williamson County buyers are extracting slightly more off asking price on average, which may reflect the longer days on market in some suburban luxury pockets where supply is more plentiful relative to demand.

Austin Luxury Market Inventory: Months of Supply by Price Range

As of the report date, there were 1,589 active luxury listings in the Austin area (per the CentralTX platform), representing approximately 6.0 months of supply based on April’s sales pace. That overall figure lands in balanced-market territory, but the picture varies significantly by price range. The $1 million to $1.19 million segment had just 4.0 months of supply, and the $1.2 million to $1.39 million segment had 4.5 months, both of which lean toward seller-friendly conditions. The $1.4 million-and-above segment carried 8.1 months of supply, firmly in buyer’s market territory.

The divergence in months of supply between the lower and upper ends of the luxury market has meaningful implications for both buyers and sellers. If you are a buyer targeting homes in the $1 million to $1.4 million range, you should not expect to have a leisurely search with all the time in the world to decide. Inventory in that segment is moving. At the $1.4 million-plus level, you have more options and more negotiating room, but even there, well-positioned homes are attracting attention quickly. Sellers at the top end of the market face the most competition and should be especially thoughtful about pricing and presentation.

Austin Luxury Market Pricing Cycle: Where Prices Stand Historically

The market pricing cycle chart places current luxury home prices in their historical context, and the picture is instructive. As of April 2026, the median sale price for luxury homes is sitting near the lower end of the historically defined price range for this market, a range that has been consistent over the past several years. This suggests that from a long-term perspective, buyers are purchasing at a relatively favorable point in the cycle compared to the peak pricing environment of 2021 and 2022.

The quarterly $/sqft data shown alongside the median sale reinforces this picture. Price per square foot has been gradually declining since the 2022 peak and is now sitting at the lower end of its recent range. For buyers who are data-oriented about their purchase decision, this is a meaningful signal that the entry point today compares favorably to what buyers faced two to four years ago.

Average Price Per Square Foot by County Over Time

Price per square foot in the Austin luxury market varies considerably by county, and the long-term chart makes that divergence clear. Travis County commands the highest price per square foot at $506 for 2026 year-to-date, reflecting the premium placed on its central Austin and established west Austin locations. Hays County is at $439 per square foot and Williamson County comes in at $300, offering buyers meaningful value relative to Travis County on a size-adjusted basis.

All three counties reached their per-square-foot pricing peaks around 2021 to 2022 and have since moderated. Travis County peaked at $555 per square foot in 2022 and has pulled back to $506. Hays County peaked at $449 and has come back to $439. Williamson County peaked at $376 and is now at $300. The moderation in price per square foot, combined with the increase in sales volume, suggests that the market is finding its footing at more sustainable pricing levels.

Average Price Per Square Foot: 10-Year History

The 10-year history of average price per square foot across the Austin luxury market provides essential context for understanding where pricing stands today. From 2016 through 2021, price per square foot climbed steadily as Austin’s population growth and constrained housing supply pushed luxury values higher. The market reached its peak in 2022 and has been gradually correcting since then, with the current figure sitting in a range that would have been considered elevated by pre-pandemic standards but is moderate compared to the peak.

For buyers, the 10-year trend reinforces the long-term value proposition of Austin luxury real estate. Even accounting for the post-peak correction, buyers who purchased 10 years ago have seen substantial appreciation. For sellers, the chart is a useful calibration tool. Pricing your home as if it were still at the 2022 peak will result in extended days on market and likely price reductions. Pricing that reflects the current per-square-foot reality gives you the best chance of achieving a timely sale.

New Luxury Listings: Supply Is Declining

New luxury listings in April 2026 totaled 649, a decline of 13% from April 2025. This is a significant figure because it means that even as buyer demand is surging, the supply of new homes coming to market is contracting. When demand rises and supply falls simultaneously, the typical result is upward pressure on prices over time. April’s dynamic suggests that the current modest year-over-year price softness may not persist much longer if supply continues to shrink.

The three-year chart shows that new listing volume has been on a generally declining trajectory from its 2025 highs. This reduced supply pipeline is one reason why the $1 million to $1.39 million price ranges are showing as low as 4.0 to 4.5 months of supply. For buyers who have been watching the market from the sidelines, the data suggests that waiting for conditions to improve further may mean competing for fewer available homes at higher prices.

New Under Contracts: Buyer Demand Surging

New under contracts in April 2026 hit 357, a 42.2% increase from April 2025 and the highest monthly reading in the three-year chart window. This is one of the most telling data points of the month. New under contracts is a leading indicator of future closed sales, so the jump to 357 pending transactions tells you that May and June closings are likely to be strong. The pipeline of committed buyers is as full as it has been in years.

The contrast between declining new listings (down 13%) and surging new under contracts (up 42.2%) is the defining tension in the April 2026 luxury market. More buyers are competing for fewer newly available homes. This is the classic setup for tightening market conditions, and it is already showing up in the 18-day median days on market. Buyers who need to be strategic about timing would do well to watch this dynamic closely over the next 60 to 90 days.

Months of Supply: A Balanced Market Overall, Tight at Lower Price Points

The months of supply chart confirms what the listing and under-contract data suggests. At 6.0 months overall, the Austin luxury market is sitting in the range that most real estate economists would describe as balanced, meaning conditions are not dramatically favoring buyers or sellers across the board. But that headline number masks a meaningful split: the $1 million to $1.39 million segment is running at 4.0 to 4.5 months of supply (seller-leaning), while the $1.4 million-and-above market carries 8.1 months (buyer-leaning).

For buyers in the entry-level luxury tier, the 4.0-month supply environment means fewer choices and less time to deliberate. For buyers at the top of the market, 8.1 months of supply means more leverage but also more due diligence required to identify which homes are priced correctly and which have been sitting for reasons that may not be immediately obvious. The by-county months of supply (Travis 5.88, Hays 5.46, Williamson 6.90) shows Hays County as the tightest market and Williamson County as the most buyer-friendly.

Active Price Drops: 44% of Listings Have Reduced

As of the report date, 44% of active luxury listings in the Austin area had taken at least one price reduction, with an average drop of 7.5%. There were 707 active listings with a price drop out of 1,589 total actives, and those homes went from their price drop to under contract in a median of 14 days. The total price drop from original list to close on sold homes was approximately 13% on average.

The 44% price drop rate is a useful data point for both buyers and sellers. For buyers, it means that roughly half of the active inventory has already been discounted from its original ask. Identifying homes that have taken a meaningful reduction and are now priced realistically can represent some of the better values in the current market. For sellers, it underscores the importance of pricing correctly at the start rather than testing the market with an aspirational number and then chasing it down, which typically results in a longer days on market and a lower final sale price than a well-calibrated initial price would have produced.

Price Drop Amounts Over Time

The average price drop percentage across Austin luxury listings has oscillated between roughly 7.5% and 11.6% over the past three years, with April 2026 coming in at the lower end of that range at 7.5%. That is actually an encouraging data point: even though a large share of active homes have reduced, the average reduction amount is relatively modest compared to the peaks of prior years. Sellers are not being forced to make dramatic cuts to find buyers.

The number of price drops per month has also trended lower in early 2026 compared to 2024, which is consistent with the broader narrative of a market that is slowly tightening. Fewer homes are needing to reduce, and when they do reduce, they are doing so by a smaller average amount. If this trend continues alongside the surging buyer demand data, the price drop environment could look considerably different by the second half of 2026.

Price Drop Outcomes: What Happens After a Reduction

Among the luxury homes that sold in April 2026 after a price reduction, the median time from price drop to under contract was 16 days. That relatively short window suggests that when a price drop lands in the right range, buyers respond quickly. The number of new under contracts that involved a price-reduced home has been trending upward in 2026, which reflects both the higher overall transaction volume and the willingness of buyers to act when a home’s pricing becomes more aligned with their expectations.

For sellers who are considering a price reduction on a home that has been sitting, the data is encouraging. A well-timed reduction that brings a home to market-appropriate pricing can generate renewed interest quickly, especially in April’s environment of surging buyer activity. The key is the magnitude of the reduction. Small, incremental drops that leave a home still above market value tend to produce limited results, while a more decisive move to a compelling price tends to generate offers within a few weeks.

Buyer Demand by Price Range

The buyer demand chart by price range shows the $1.4 million-and-above segment with 102 closings in April, which leads all ranges in sheer volume. The $1 million to $1.19 million range had 78 closings, followed by the $1.2 million to $1.39 million range with 60 closings. The percentage over or under asking price by range ranged from -4.5% at the entry level to -2.3% in the mid-luxury tier, with the top-of-market segment averaging -4.2% under asking.

The historical trend line on this chart shows that the $1.4 million-plus segment has been the fastest-growing part of the Austin luxury market over the past decade in terms of raw transaction count, rising from a relatively small share of total sales in 2011 to the dominant segment by 2022. The post-2022 cooling brought that segment’s volume down from its peak, but the 102 closings in April 2026 suggest it is recovering. The entry-level luxury tier ($1M to $1.19M) has also shown consistent growth, adding buyers who are entering the luxury segment for the first time as their equity and income grow.

Buyer Demand by County: A Three-Month View

The three-month buyer demand comparison by county highlights the speed at which homes are going under contract in each area. Travis County, with its 199 April closings, is the clear volume leader, but Hays County has been generating increasing attention from luxury buyers looking for waterfront, acreage, and hill country properties at prices below Travis County’s median. Williamson County’s 33 closings in April reflect its growing luxury segment, particularly in communities along the 183A and Ronald Reagan corridors.

The percentage over or under asking by county shows that all three markets are in buyer-favorable territory (Travis -3.82%, Hays -3.41%, Williamson -4.71%), meaning buyers across the board have some negotiating room. Williamson County offers the most off-asking discount on average, which may reflect that market’s earlier stage of development in the luxury segment and the higher months of supply relative to the other two counties.

Buyer Demand: Three-Year History

The three-year buyer demand trend chart places April 2026’s market activity in a longer context. After the compressed days on market and over-asking-price frenzy of 2021 and early 2022, the luxury market shifted decisively to more buyer-friendly conditions through 2023 and 2024. In 2025, conditions began gradually recovering, and April 2026 appears to represent an acceleration of that recovery. The combination of falling days on market and rising sales volume is the pattern that typically precedes a sustained improvement in pricing.

The percentage over or under asking has stabilized around the -4% to -5% range over the past year, which suggests a relatively consistent negotiating environment rather than the erratic swings seen during the 2022 to 2023 transition. For buyers and sellers alike, that stability is useful: it means the market is behaving predictably, which makes pricing, offer strategy, and timing decisions more predictable and readable than they were a few years ago.

Market Temperature: Where Are We in the Cycle?

The market temperature chart tracks the Austin luxury market on a buyer’s-market-to-seller’s-market spectrum using median days on market and the percentage over or under asking as inputs. April 2026 shows the market sitting in balanced-to-slightly-buyer-favorable territory, which is a meaningfully different reading than the deep buyer’s market conditions that prevailed through much of 2023 and 2024. The temperature has been gradually warming since mid-2025.

For buyers who have been waiting for the perfect entry point, the market temperature data suggests the window of maximum buyer leverage may be narrowing. The market is not back to seller’s market conditions, but it is moving in that direction. For sellers, the improving temperature trend is reason for measured optimism: the market is recovering, but it has not yet reached the point where sellers can price aggressively and expect multiple offers within days. Accurate pricing remains essential.

Median and Average Sale Price by Number of Bedrooms

Breaking down luxury home prices by bedroom count reveals important context for buyers comparing different home configurations. In April 2026, the median sale price for 2-bedroom luxury homes was $1,077,500, for 3-bedroom homes it was $1,250,000, for 4-bedroom homes it was $1,270,000, and for 5-bedroom homes it was $1,400,000. The average living area across all sold luxury homes was 3,739 square feet, reflecting the typical scale of Austin’s luxury segment.

The five-year trend line on this chart shows that the pricing premium for 5-bedroom luxury homes over 4-bedroom homes has been relatively consistent, while the gap between 3-bedroom and 4-bedroom luxury homes has narrowed in recent years. Buyers comparing a well-appointed 3-bedroom home against a similar 4-bedroom home may find that the price difference is smaller than expected, particularly in established Austin neighborhoods where lot size and location drive more of the value than bedroom count alone.

Luxury Sales Heat Map: Number of Sales and Median Sale Price by Zip Code

The heat maps above show where the 270 luxury home closings were concentrated in April 2026 and what buyers paid in each zip code. The sales volume map confirms that the highest concentration of luxury transactions occurred in and around central and west Austin, with the 78746 (Barton Hills/Rollingwood area), 78738, and 78704 zip codes leading in transaction count at 24, 23, and 19 sales respectively. The pattern reflects the enduring appeal of established Travis County luxury communities for buyers who want proximity to downtown Austin combined with top-tier schools and amenities.

The median sale price heat map shows a similar geographic concentration, with the highest median prices found in established central Austin zip codes. Zip code 78703 (Tarrytown/Old West Austin) recorded a median of $2,200,000, 78746 came in at $2,100,000, and 78704 (South Congress/Travis Heights area) recorded a $1,950,000 median. Outlying areas in Hays and Williamson Counties showed lower medians but strong year-over-year percentage growth in transaction volume.

Heat Maps: Median Days on Market and Percentage Over/Under Asking by Zip Code

The days on market heat map reveals that the fastest-moving luxury zip codes in April were in areas with strong buyer demand and limited supply. Several zip codes in the $1.2 million to $1.5 million range recorded median days on market in single digits or early teens, reflecting the tight inventory conditions in those segments. Zip codes in the outer suburbs and hill country areas, particularly those with significant acreage-focused inventory, showed longer median days on market, consistent with a market where buyer pools are smaller and homes require more specific fits to sell quickly.

The percentage over or under asking heat map shows that buyers across all active zip codes received discounts ranging from about 1.4% to 8.2% off asking price. No zip codes in April recorded sales above asking price on a median basis, which tells you that even in the fastest-moving areas, buyers retain some negotiating leverage. The zip codes where buyers got the deepest discounts tended to be those with higher inventory levels and longer days on market, where sellers faced more competition.

Median Days on Market by County

The county-level days on market comparison for April 2026 shows meaningful variation across the three-county market. Travis County’s median days on market was 21 days, Hays County came in at 16 days, and Williamson County recorded 10 days per the CentralTX county comparison data. The Williamson County figure, the fastest of the three counties, reflects the concentration of newer construction luxury inventory in communities like Leander and Liberty Hill where homes are better aligned with current buyer expectations.

The trend line over time shows that all three counties have seen their days on market pull back from the elevated levels of 2023 and 2024. That pullback is most pronounced in the spring months, which is consistent with the seasonal pattern of increased buyer activity. If the new under contracts trend continues to run strong into May and June, it is likely that the county-level days on market figures will remain compressed through the summer buying season.

Austin Luxury Home Sales in April 2026

Here is a breakdown of luxury home sales in April 2026:

• 1 luxury home that sold in April 2026 was a foreclosure
• 10 were waterfront homes
• 97 were in the Austin Independent School District
• 23 were in the Dripping Springs Independent School District
• 31 were in the Eanes Independent School District
• 7 were in the Georgetown Independent School District
• 6 were in the Hays Consolidated Independent School District
• 34 were in the Lake Travis Independent School District
• 40 were in the Leander Independent School District
• 11 were in the Round Rock Independent School District
• 0 were in the San Marcos Consolidated Independent School District
• 7 were in the Wimberley Independent School District
• 39 were in gated communities
• 156 had a homeowners association
• 133 had a pool
• 79 had a septic system
• 199 were in Travis County
• 33 were in Williamson County
• 38 were in Hays County

Where Did Luxury Homes Sell in April 2026?

The map above shows where the 270 luxury homes that sold in April 2026 were located across Travis, Williamson, and Hays Counties. The density of closings was highest in central and west Travis County, with meaningful clusters in established Austin neighborhoods and the communities along Lake Travis. Hays County closings were distributed across the Dripping Springs, Wimberley, and south Austin corridors, while Williamson County sales were concentrated in the Leander and Georgetown luxury pockets.

The geographic spread of April’s 270 transactions confirms that Austin luxury demand is broad-based rather than confined to a single corridor or price point. While Travis County continues to account for the largest share of volume, the growth in Hays County (up 76.2% year over year by CentralTX data) and Williamson County (up 29.2%) signals that buyers are increasingly willing to look beyond Travis County’s borders to find the right combination of value, space, and lifestyle.

April 2026 Austin Luxury Real Estate Strictly by the Numbers

The table below is pulled directly from the Unlock MLS statistics for April 2026 and covers the 270 luxury home sales (homes that sold for $1,000,000 or more) in Travis, Williamson, and Hays Counties.

	Min	Max	Avg	Median
Beds	2	7	4	4
Baths	1	8	4	4
Sq Ft	1,008	11,009	3,740	3,621
Lot Sq Ft	—	2,918,520	69,993	14,876
List Price	$998,888	$9,500,000	$1,760,827	$1,397,000
LP/Sq Ft	$202.43	$2,132.94	$486.07	$433.76
Acres	0.059	67.000	1.607	0.342
Close Price	$1,000,000	$8,372,500	$1,687,434	$1,338,000
CP/Sq Ft	$198.75	$2,256.49	$468.46	$418.02
CP/LP%	73.00%	124.00%	96.42%	97.00%
CP/OLP%	63.00%	124.00%	94.42%	95.00%
ADOM	0	356	49	18

The most expensive luxury home that sold in April 2026 sold for $8,372,500 and the least expensive sold for $1,000,000. Homes ranged in size from 1,008 to 11,009 square feet with an average size of 3,740 square feet. The average price per square foot for a luxury home that sold in April 2026 was $468.46 with the lowest being $198.75 per square foot and the highest being $2,256.49 per square foot. It took, on average, 49 days to sell a luxury home and sellers received, on average, 94.42% of their original list prices.

The gap between the CP/LP% (96.42% average) and the CP/OLP% (94.42% average) reveals the cost of overpricing in the luxury market. Sellers who priced their homes correctly from the start closed at a higher percentage of their asking price, while those who started high and reduced paid approximately two percentage points in additional discount to reach a buyer. Across 270 transactions, that two-point gap translates to a meaningful difference in net proceeds at luxury price levels.

The ADOM spread, with a median of 18 days and a maximum of 356 days, tells you everything you need to know about the importance of pricing and presentation in the Austin luxury market. The typical home sold in under three weeks, but a small number of homes spent nearly a full year on the market before closing. The difference between those outcomes almost always comes down to whether the home was priced to reflect the current market or the seller’s expectation of what the market should be. In April 2026, the data clearly rewards sellers who take a realistic approach.

Austin Luxury Real Estate Search Criteria

The data in this report covers homes that sold for $1,000,000 or more in Travis County, Williamson County, and Hays County during April 2026. Both single-family homes and condominiums are included if they meet the price threshold.

Luxury Homes for Sale Around Austin

As of May 11, 2026, there are 1,706 luxury homes (priced at $1,000,000 or more) for sale in the Austin area: 1,243 in Travis County, 231 in Williamson County, and 232 in Hays County.

At April’s pace of 270 closings per month, 1,706 active listings represents approximately 6.3 months of supply, consistent with the balanced market reading from the CentralTX data. That overall figure is manageable, but buyers at the entry luxury tier should be aware that the sub-$1.4 million segment of that inventory is moving considerably faster than the $1.4 million-plus portion. If you are actively searching in the $1 million to $1.4 million range, the effective choices available to you on any given day are a fraction of the 1,706 total headline figure.

Tips for Luxury Home Buyers

The data from April 2026 paints a picture of a luxury market that is tightening. With 270 closings in a single month, new under contracts up 42.2% year over year, and a median days on market of just 18 days, buyers who have been moving slowly should reconsider their pace. The $1 million to $1.4 million price range is operating with only 4.0 to 4.5 months of supply, which means the selection of available homes in that segment is more limited than the overall 1,706 active listing count suggests. If you find a home you want in that range, waiting a week or two to decide carries real risk.

On pricing strategy, the data supports a thoughtful but not passive approach. Buyers received on average about 3.6% off final list price and about 5.6% off original list price in April. The gap between those two figures is meaningful: homes that had already taken a price reduction offered more negotiating room than freshly listed homes. If you are working with a budget, targeting homes that have been on the market for 30 or more days and have at least one price reduction may give you the best combination of home quality and negotiating leverage.

The market temperature data shows conditions are moving from buyer-favorable toward balanced, which means the window for maximum buyer leverage may not stay open indefinitely. Prices are still modestly below their year-ago levels (down 2.7% year over year), and the market pricing cycle chart places current prices near the historically lower end of the range. That combination of below-peak pricing and a tightening supply environment represents a genuinely attractive entry point for buyers who are ready to act.

At the $1.4 million-and-above level, the 8.1 months of supply and average 20 to 22 days on market give buyers more time and more leverage. Approaching the negotiation armed with the relevant zip code data (knowing what comparable homes in your target area sold for and how far off asking) will put you in a strong position. Your agent’s ability to pull and interpret the heat map and zip code data can be the difference between overpaying and finding genuine value in a market where prices vary widely by location.

Tips for Luxury Home Sellers

April’s data offers luxury sellers a reason for measured optimism, but also a clear message: the market rewards preparation and accurate pricing more than ever. The 270 closings in a single month confirm that buyers are active and the luxury market is healthy. At the same time, the 44% price drop rate among active listings tells you that a meaningful portion of sellers started too high and had to correct course. The sellers who closed in 18 days or fewer almost certainly did so because they entered the market priced to reflect current conditions, not 2022 peak expectations.

Pricing is the single most controllable factor in your outcome. The data shows that sellers who priced correctly at the start received 96.42% of their list price on average, while those who started high and reduced received a lower effective percentage after accounting for the original list. At luxury price points, a 2% difference in the ratio of close price to original list price can amount to tens of thousands of dollars. Work with your agent to build a pricing analysis grounded in closed sales from the past 90 days, specifically in your zip code and price range, rather than relying on broader market averages.

The median days on market of 18 days is a useful benchmark for evaluating your own home’s performance. If your home has been on the market for 30 days or more with limited activity, it is sending a signal. The question is whether the issue is price, presentation, or both. In April’s market, where new under contracts jumped 42.2% year over year, a well-priced and well-presented home should be generating showings and offers. Lack of activity at week three or four is a reliable indicator that a price adjustment or a refresh of your home’s presentation is needed.

On timing, the spring market data is encouraging. New under contracts at 357 in April is the highest reading in the recent data window, and the pipeline of buyers heading into May is strong. If you have been considering listing and waiting for the right moment, the current environment, with active buyers, modest inventory relative to demand at lower luxury price points, and a gradually warming market temperature, is as favorable as it has been in the past two years. The risk of waiting is that as pricing stabilizes and begins to recover, the window of buying-in opportunity for buyers narrows, which ultimately supports seller pricing power later in 2026.

The Bottom Line on the April 2026 Austin Luxury Real Estate Market

April 2026 delivered the kind of month that signals a market in transition. The surge in closed sales (270 closings, up 17.4% year over year), the compression in days on market (18-day median), and the record new under contracts (357, up 42.2%) all point in the same direction: the Austin luxury market is attracting buyers again at a pace that outpaces incoming supply. That dynamic, if sustained, typically leads to price stabilization and eventually price recovery.

The modest price softness year over year (down 2.7% to a $1,338,000 median) does not contradict this positive volume story. Price adjustments lag volume changes by several months in real estate markets. What you are seeing now in the transaction data is the leading edge of a recovery, with prices likely to follow once the market absorbs a few more months of this elevated buyer activity against a backdrop of declining new listings. The market pricing cycle chart already places current prices near the historically lower range, which is the kind of reading that attracts long-term buyers.

The geographic spread of April’s closings across all three counties, the strength in the $1.2 million to $1.39 million sweet spot (11-day median days on market), and the clear demand signal from new under contracts all reinforce the view that this is not a thin or fragile market. Austin luxury real estate is backed by a deep pool of buyers with the income and wealth to sustain $1 million-plus purchases, and that structural demand has not changed.

For buyers, April 2026 represents a window that is still open but appears to be closing gradually. Prices are below their peak, inventory in the most desirable price ranges is tightening, and buyer competition is increasing. For sellers, the improving volume data and warming market temperature are the most encouraging signals in two years. Austin’s long-term fundamentals, anchored by a diverse economy, continued in-migration, and constrained land supply in desirable locations, have supported luxury real estate values through multiple cycles and continue to underpin the market today.

Thinking About Buying or Selling a Luxury Home in Austin?

If you are thinking about buying a luxury home in Austin, our Buyers page is a good place to start. If you are thinking about selling your Austin luxury home, visit our Sellers page to learn what to expect in today’s market.

Have questions about what the April 2026 Austin Luxury Real Estate Price Report means for your specific situation? Reach out to Rebecca Jacks and the team at Eleven Oaks Realty. Call or text (512) 827-8323 or email info@11OaksRealty.com. We have been helping buyers and sellers since 1978 and we are here to help you make the best decision for your situation.

Questions About the April 2026 Austin Luxury Real Estate Price Report?

Have questions about the April 2026 Austin Luxury Real Estate Price Report or the Austin luxury market in general? We would love to help. Reach out to Rebecca Jacks and the Eleven Oaks Realty team at (512) 827-8323 or info@11OaksRealty.com.

Data sources: Unlock MLS (direct pull), CentralTX aggregated platform. Luxury market defined as homes that sold for $1,000,000 or more in Travis County, Williamson County, and Hays County. Reported figures reflect April 1, 2026 through April 30, 2026. Some variation between data sources may exist due to differing methodology and timing of data pulls.