Cedar Creek: Is It a Buyer's Market?

Is Cedar Creek currently a buyer's or seller's market? 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 Cedar Creek, that figure stands at 6.17 months based on 103 closed sales over the rolling six months ending October 31, 2026. ALEX Intelligence classifies markets using this gauge: less than 4 months indicates a seller's market, 4 to 6 months is balanced, and more than 6 months signals a buyer's market. At 6.17 months, Cedar Creek has just crossed the threshold into buyer territory, though it remains close to the balanced range. This shift reflects a change from the prior six-month period when inventory was lower, giving buyers slightly more leverage in negotiations. The data shows that 91.3% of homes sold below their original list price during this window, compared to 78.2% in the same period last year. Median prices are down 10.3% from the same period a year ago, while the median sale price remains $358,900 across 103 transactions. For sellers, this suggests that pricing accurately from the start is critical, as homes are taking longer to sell with a median of 78 days on market. Buyers entering Cedar Creek now face a landscape where supply is growing faster than demand, creating opportunities for negotiation without the pressure of bidding wars seen in tighter markets. The market remains active, but the balance has tipped in favor of those looking to purchase. 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