Unlock MLS's later-published March report showed more pending sales than a year earlier, but a lower citywide median price. Neither figure tells you what a specific luxury home is worth.
A retrospective, not a current-market claim
This article was updated after Unlock MLS released its March and first-quarter 2026 report in April. The March City of Austin figures in that report were 900 residential sales, a $550,000 median sale price, 3,653 active listings, and 5.4 months of inventory. The report also showed 1,077 pending sales, up 10.5 percent from March 2025.
Those citywide figures are historical context. They do not describe today's inventory, and they do not isolate the upper end of West Lake Hills, Tarrytown, Barton Creek, or an individual building.
Do not turn a city median into a luxury valuation
A median across all City of Austin residential sales mixes property types, price bands, and locations. For an individual home, compare recent closed sales with similar condition, lot, size, features, and location. Ask how many genuinely comparable properties exist and whether current listings are competing at a different price point.
Days on market and list-to-close ratios can add context, but they also need a comparable set. A citywide change in pending sales is not proof that a particular buyer has more or less negotiating power.
Use current data for a current decision
Before setting an offer or list price, obtain a dated, property-specific comparison from a licensed local agent and verify any active listing status. Keep the March report as a record of that period, not as a substitute for present-day market evidence.