Paige: New Listings Outpace Closings in Rolling Year

In the rolling 12 months ending October 31, 2026, Paige saw 38 new homes listed against just 23 closed sales. This imbalance creates a supply gap where incoming inventory exceeds the pace of transactions. The dual-axis trend shows that while sellers are bringing properties to market at a steady rate, buyers are closing deals more slowly than in previous periods. ALEX Intelligence analyzed the flow of listings and closings to quantify this gap. With 38 new entries and only 23 finalized sales, the local inventory is accumulating rather than depleting. This dynamic often leads to increased competition among sellers as time on market extends. The median days on market for closed homes dropped to 91 days compared to 136 days in the prior period, yet the volume of new supply remains higher than the absorption rate. The median close price settled at $425,000 across those 23 sales, down 6.4% from the prior 12-month window. While homes are selling for a slightly higher percentage of their original list price (92.8% vs 91.4%), the sheer volume of new listings suggests buyers have more options to choose from. This environment favors those looking to negotiate, as the ratio of new supply to closed demand remains above one. The data reflects a market where supply is outpacing demand in the short term, even as price adjustments and faster sales cycles indicate active buyer engagement. 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