Naomi Bourgeois - Real Estate Agent

A meaningful shift is happening in the Austin market!

The Market Turnover Efficiency Score—which measures how efficiently homes are selling relative to available inventory—just crossed back above the 14% threshold for the first time since the 2022 correction began.

Why does that matter?
At 14%, a market moves from dysfunctional back into functional—where supply and demand begin to rebalance in a meaningful way. Austin reached 15.0% in April 2026, signaling early-stage recovery.

For context:
📊 A healthy Austin market typically runs at 17–20%
📉 At the lowest point in 2023, the score dropped to 7.77%
📈 Today: 15.0% — and improving

Supporting trends reinforce this shift:
→ Pending contracts are up 2.9% year-over-year
→ New listings are down 2.1%
→ Inventory within the City of Austin is down 13.3% year-over-year

This doesn’t mean we’re back to peak pricing—the full price recovery may take time—but it does suggest the market has likely found its structural floor.

Recovery in real estate rarely happens all at once. It begins quietly, with metrics like these—before it becomes more widely recognized.

Understanding where we are in the cycle allows for more thoughtful, strategic decisions—whether buying, selling, or simply observing the market. 🤍