Cedar Creek: New Listings vs. Closings Show Supply Gap

Is Cedar Creek seeing more homes hit the market than buyers are closing on? In the rolling six months ending October 31, 2026, the city recorded 156 new listings against 103 closed sales. This imbalance between fresh supply and completed transactions defines the current supply gap. ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this dynamic. While 156 homes entered the market during this period, only 103 transactions reached closing. The ratio suggests that inventory is accumulating faster than it is being absorbed by buyers. This pattern often precedes shifts in pricing power or days on market as available stock grows relative to demand. The data also reveals a shift in buyer behavior compared to the prior six-month window. Closed sales rose from 88 to 103, yet new listings increased more sharply, jumping from 148 to 156. Meanwhile, the median days on market dropped significantly by 46.6% compared to the prior period, even as it remains 69.6% higher than the same window last year. This indicates that while homes are selling faster now than in the immediate past, the volume of new supply is outpacing the rate of absorption. For sellers, this gap highlights a competitive environment where fresh inventory is plentiful but closing velocity has improved. For buyers, the influx of 156 new listings provides more options, though the median price per square foot remains slightly lower than the prior period. The market is balancing on the edge of supply and demand, with activity levels suggesting a transition phase rather than a clear buyer or seller dominance. Want to see this home? Call or text George at 713.918.9951 for a private 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