78717 and Avery Ranch Real Estate Market Update August 2026

What is happening in the 78717 real estate market and Avery Ranch real estate market? This page provides the most recent real estate statistics for ZIP Code 78717 and the Avery Ranch area of North Austin, including home prices, inventory, days on market, sales activity, and other key market trends.

I’m Eric Peterson, Broker and Listing Agent with Kopa Real Estate, and I specialize in helping homeowners navigate the North Austin real estate market. As an Avery Ranch homeowner myself, I have a personal connection to the community as well as professional experience helping buyers and sellers throughout Avery Ranch, 78717, Cedar Park, and the surrounding North Austin area.

If you are considering buying or selling a home in Avery Ranch or ZIP Code 78717, I’d be happy to discuss the current market and how these statistics may affect your specific situation. You can schedule a consultation by calling me at 512-791-7473, by email, or by scheduling a time directly on my calendar at KopaConsultation.com.

FOR SELLERS:

The real estate market in 78717 is currently favoring buyers, as indicated by several key metrics. Last month, the median sale price decreased by 3.1% compared to the same month last year, suggesting that sellers may need to adopt competitive pricing strategies to attract buyers. The average percentage over asking price also shifted to -3.1%, highlighting that buyers are negotiating prices down.

With a balanced months of supply at 4.8, the market is not overly saturated, but sellers should be prepared for a longer selling process, as properties are staying on the market for a median of 43 days. This extended timeframe means sellers should focus on enhancing their property's appeal and value positioning to stand out.

To navigate these conditions effectively, sellers should consider making strategic updates to their homes and be open to adjusting their price expectations to align with current market demands.

• Price competitively to attract buyers
• Consider offering buyer incentives
• Be flexible on terms and closing dates
• Ensure your property shows well
• Be prepared for longer marketing time

As a seller, it's important to be aware that new listings have increased by 18.2% year-over-year, while new contracts have decreased by 25.9%. This widening gap of 44.1 percentage points indicates that supply is significantly outpacing demand. Moving forward, expect increased competition among sellers, which means strategic pricing will be crucial to attract buyers. To stand out in this market, consider pricing your property competitively and enhancing its appeal to potential buyers.

FOR BUYERS:

The real estate market in the 78717 area currently favors buyers, presenting an excellent opportunity for those looking to purchase a home. With a median sale price of $580,000, which reflects a 3.1% decrease from the same time last year, buyers have more room for negotiation and can potentially secure homes at lower prices. The average percentage over asking price is now at -3.1%, indicating that homes are selling for less than their listed prices, further enhancing buyers' leverage.

Additionally, the market's balance is evident with a median of 43 days on the market and 4.8 months of supply, suggesting that buyers can take their time to make thoughtful decisions without the pressure of rapidly rising prices. For those considering a purchase, now is a strategic time to explore options, negotiate assertively, and capitalize on the favorable conditions to find a home that meets both budget and lifestyle needs.

Buyer Strategies

Market: Favors Buyers

• Take your time to evaluate multiple properties
• Negotiate aggressively on price and terms
• Request seller concessions and credits
• Include protective contingencies in your offer
• Consider lowball offers on properties with longer market time  

The current real estate market shows a significant shift in favor of buyers, with new listings increasing by 18.2% year-over-year while new contracts have decreased by 25.9%. This creates a substantial gap of 44.1 percentage points between supply and demand, indicating that inventory is growing faster than buyer interest. For buyers, this trajectory suggests enhanced negotiation leverage, as the increased availability of homes provides more options and potentially more favorable terms. Moving forward, buyers can expect to have more choices and opportunities to negotiate better deals as supply continues to outpace demand.