Lee County Inventory Signals a Balanced Market

Lee County is currently holding 6.6 months of inventory based on the pace of 48 closed sales over the last six months. This figure places the market in a balanced state, where neither buyers nor sellers hold a distinct advantage. The classification relies on dividing active listings by the monthly average of closings to determine how long it would take to sell the current stock without new supply. The median home price rose 6% to $355,000 compared to the prior six-month period, while prices are up 9.2% from the same window last year. However, homes are taking longer to sell. The median days on market increased 8.7% to 75 days since the previous period and jumped 87.5% compared to the same time last year. This extended timeline suggests that while demand remains steady, buyers have more time to evaluate options than they did previously. The price-to-list ratio has softened, with homes selling for 90.8% of their original list price on average, down from 94.4% in the prior period. This shift indicates that negotiation room has opened up slightly as properties sit longer before closing. With 53 active listings currently available and a steady flow of new supply, the market is stabilizing after recent fluctuations. ALEX Intelligence calculates this inventory gauge by dividing current active listings by the trailing monthly average of closed sales to provide a clear view of market balance. The data reflects a transition where buyers can find more choices without facing the intense competition seen in previous years. Thinking of selling in Lee County? Ask for a free ALEX Intelligence valuation of your home. 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