As the real estate market in Austin continues to experience a supply crisis, the city's housing inventory has plummeted to its lowest level in over a decade, raising concerns among both potential buyers and local officials.

According to the Austin Board of Realtors, the number of active listings in June 2026 was down to just 1,200, a stark contrast to the 5,000 homes available in the same month two years ago. This represents a staggering 76% decline, exacerbating the ongoing affordability crisis that has plagued the city.

The demand for housing in Austin remains robust, driven in part by an influx of tech companies and remote workers relocating to the area.