The Colony: New Listings vs. Closings Show Supply Gap

In The Colony, the balance between new supply and buyer demand shifted over the last six months as new listings outpaced closings. A total of 148 homes were added to the market while 100 transactions closed, creating a visible gap between what sellers brought forward and what buyers completed. ALEX Intelligence analyzed the dual-axis trend of new listings versus closed sales to quantify this supply dynamic. The data shows that for every 100 homes sold, approximately 148 new listings entered the market during the rolling six-month window ending October 31, 2026. This influx suggests a period where inventory accumulation may have outstripped absorption rates, even as median prices rose 7.3% compared to the prior six months. The sample size of 100 closed sales provides a robust view of this trend, with the median home selling for $429,995. While the number of new listings increased relative to the prior period, the volume of closings also grew, indicating steady buyer activity despite the higher supply. This dynamic helps explain why the median days on market remained elevated at 104 days, as buyers had more options to choose from before committing. Understanding this gap is critical for pricing strategy. When new listings consistently exceed closings, it often leads to increased competition among sellers and potential price adjustments. The data confirms that while demand remains active, the supply side has expanded significantly in recent months. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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