Austin residential market activity through June 17: new listings are down 3.2% YoY, while pending contracts are up 4.7% YoY. The pending-to-new ratio has improved from 0.79 to 0.85, an 8.2% increase year over year. Despite nearly 1,000 fewer new listings, buyer demand has generated 1,147 more pending contracts than at this point last year. The data continues to show stronger absorption in 2026, with buyers capturing a larger share of available inventory and keeping overall market conditions firmer than they were in June 2025.