Gillespie County: Months of Inventory Signal Buyer Market

How many months of homes are available for sale in Gillespie County right now? The answer is 10.43 months based on the current inventory and recent sales pace. This figure indicates a distinct buyer's market, where supply significantly outstrips demand. Months of inventory measures how long it would take to sell all currently listed homes if no new listings came on the market. A balanced market typically hovers around six months. When the number rises above that threshold, buyers gain leverage in negotiations. In Gillespie County, the 10.43 months of inventory reflects a surplus of active listings relative to the 41 closed sales recorded over the trailing six-month window. This shift is evident in pricing dynamics as well. The median close price dropped 7.8% compared to the prior six-month period and fell 18.5% from the same time last year. Additionally, 82.9% of homes sold below their original list price, a trend that has persisted despite a slight improvement in the list-to-sale ratio over the last six months. For sellers, this environment suggests patience is required. For buyers, it offers more selection and potential for favorable terms. The market remains active with 73 active listings today, but the pace of absorption is slow enough to tip the scales decisively toward purchasers. ALEX Intelligence classifies this market condition based on the ratio of active inventory to monthly sales volume. This analysis covers the rolling six months ending September 30, 2026, using data from Unlock MLS for ABOR-listed sales only. Looking to buy in Gillespie County? Get new listings the day they hit the market. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951