Jarrell New Listings vs. Closings: The Supply Gap

Deal of the Week

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 129 Rowdy Yates WAY, Jarrell TX 76537 · MLS #8583789 Listed at $255,000, 4 bed, 2.5 bath, 2,547 sq ft. Listed 15% below the ALEX valuation; 26% under the local price per sq ft; price reduced 19% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186165826/129-Rowdy-Yates-WAY-Jarrell-TX 2. 501 Yearwood LN # 1D, Jarrell TX 76537 · MLS #7052993 Listed at $175,000, 3 bed, 2.5 bath, 1,339 sq ft. Listed 8% below the ALEX valuation; 13% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178389022/501-Yearwood-LN-1D-Jarrell-TX 3. 233 Louisa LN, Jarrell TX 76537 · MLS #9496160 Listed at $212,499, 4 bed, 2 bath, 1,897 sq ft. Listed 13% below the ALEX valuation; 19% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186975082/233-Louisa-LN-Jarrell-TX 4. 456 Major Lee LN # 17H, Jarrell TX 76537 · MLS #8684170 Listed at $179,900, 3 bed, 2.5 bath, 1,698 sq ft. Listed 13% below the ALEX valuation; 25% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186453823/456-Major-Lee-LN-17H-Jarrell-TX 5. 224 Escape WAY, Jarrell TX 76537 · MLS #4672986 Listed at $264,990, 3 bed, 2.5 bath, 1,805 sq ft. Listed 11% below the ALEX valuation; 6% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180895967/224-Escape-WAY-Jarrell-TX

In September, Jarrell added 107 new listings while only 56 homes closed, creating a visible supply gap where fresh inventory outpaced final sales by nearly two to one. This imbalance reflects a market where sellers are listing faster than buyers are closing deals, even as the median sale price rose 6.4% from August to $255,000 across those 56 transactions. ALEX Intelligence analyzed the dual-axis trend of new listings versus closed sales to quantify this dynamic. The data shows that while 107 properties hit the market, the 56 closings represent a slower absorption rate compared to the prior month's 82 sales. This divergence suggests that despite increased listing activity, buyer demand is not yet converting at a pace that matches the influx of new inventory. The gap also appears in the broader context of the last 12 months, where September's 56 closings were down 8.2% from the same month last year, even as new listings surged to 107 from just 44 in September 2025. This shift indicates a temporary surplus of supply relative to demand, which may influence negotiation leverage for buyers looking at the current inventory of 335 active homes. While the median days on market increased 48.8% to 64 days compared to August, the rise in new listings suggests that sellers are responding to market conditions by bringing more properties forward. The result is a market where supply is growing faster than sales volume, potentially stabilizing prices after recent gains and offering buyers more choices without the urgency seen in tighter markets. Want to see this home? Call or text George at 713.918.9951 for a private showing. 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