Austin new construction is carrying about 5.9 months of supply, which is a balanced market tipping toward buyers. Builders closed roughly 710 homes a month through the summer against about 4,150 active listings. The more useful number is the gap between what sells and what sits: the median home that actually closed went for $381,990 while the median home still listed asks $409,990, so the market is clearing from the bottom and the upper half of the range is where homes are sitting. Builder by builder that gap varies enormously, and it is the clearest map of where a buyer has leverage this quarter.
- +The market is carrying about six months of supply, which favours buyers (5.9 months)
- +What sells is cheaper than what is listed, by about 7 percent ($381,990 sold vs $409,990 listed)
- +Sales are running about 710 a month, or roughly 8,500 a year (740, 714, 744, 640)
- +Perry Homes and Taylor Morrison are sitting on inventory; D.R. Horton is clearing it (0.28 against 1.80)

