Sunfield September Market Recap and Outlook

Sunfield home prices dropped significantly in September, with the median closing price falling 10.4% to $346,975 compared to August. This decline follows a period where buyers paid closer to full asking prices, as the share of homes selling below original list price dipped slightly. Despite the lower prices, sales volume remained stable at 27 closed transactions, matching the previous month and rising 35% from the same time last year. ALEX Intelligence analyzed the market composition to determine that new construction continues to drive activity, accounting for nearly half of all closings with 13 homes sold. The typical home size also shrank, with median living area dropping 10.1% to 2,038 square feet compared to August, suggesting a shift toward smaller floor plans in this price range. Inventory levels remain elevated at 5.49 months of supply, indicating a balanced market where buyers have more choices than sellers. Days on market increased by 50% from the prior month to 57 days, though this figure remains 25% faster than the same period last year. While prices are softer now, the consistent sales volume suggests underlying demand persists for well-priced inventory in the Sunfield master-planned community. Thinking of selling in Sunfield? 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