Manor Market Balance: 5.8 Months of Inventory in August

Is the Manor housing market currently favoring buyers or sellers? The answer lies in the Months of Inventory metric, which measures how long it would take to sell all current listings at the current sales pace. In August 2026, this figure stood at 5.83 months across 47 closed sales. A market is generally considered balanced when inventory sits between 4 and 6 months. At 5.83 months, Manor remains in a balanced state, though it leans slightly toward the buyer's side as it approaches the upper threshold of that range. This level indicates that while homes are selling, they are not moving as quickly as they did during peak seller markets where inventory drops below 4 months. The data shows a slight cooling in price growth compared to last year. The median close price was $323,460, which is 6.9% lower than the same month last year. However, homes are selling closer to their original list prices now; the close-to-original list ratio improved to 0.96, up from 0.907 a year ago. This suggests that while overall values have adjusted downward, the gap between asking and selling prices has narrowed. ALEX Intelligence calculates this balance by dividing the active inventory of 281 homes by the monthly closing rate derived from the trailing 12 months. With 47 sales in August alone, the market is absorbing stock at a steady but not frantic pace. For buyers, this balanced environment offers more time to evaluate options without immediate pressure, while sellers should price competitively to stand out in a field of 281 active listings. Want first look at Manor homes? Get new listings sent to you the day they appear. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. 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