Manor Market: New Listings Outpace Closings in August

Manor saw a clear supply gap form in August as 61 new listings entered the market while only 47 homes completed their sales. This dual-axis trend shows that incoming inventory is outpacing closings, creating a buildup of available homes for buyers to choose from. The volume of new activity was notably higher than the previous year, when just 40 new listings arrived alongside 50 closings in August 2025. While the number of closed sales dropped slightly by 6% compared to last year, the surge in new listings has shifted the balance. The median price for these 47 closed sales was $323,460, a figure that remained relatively stable with a 0.6% increase from July but sits 6.9% below the August 2025 level of $347,402. ALEX Intelligence analyzed the supply and demand dynamics by comparing the monthly new listing count against the trailing closed sales volume. With more homes hitting the market than sold in this window, the pressure on prices has eased slightly, contributing to a median days-on-market of 48 days, which is 14.3% longer than in July. This divergence between supply inflow and demand absorption suggests a transition toward a more balanced environment for buyers in the city. Looking to buy in Manor? 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. 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