Salado: Months of Inventory Signals a Balanced Market

Is the Salado market shifting toward buyers or sellers? With 3.31 months of inventory calculated from 118 closed sales over the last six months, the local market currently sits in balanced territory. This metric compares the number of active listings to the rate of monthly closings; a figure near three months typically indicates a neutral market where neither side holds overwhelming leverage. The data shows resilience despite seasonal fluctuations. Median close prices rose 9% compared to the prior six-month period, reaching $517,750 across 118 transactions. This price growth occurred alongside a slight increase in median days on market to 69 days, up 38.0% from the same period last year. The ratio of final sale price to original list price improved to 95.7%, suggesting homes are selling closer to their asking prices than they did six months ago. Inventory levels remain tight relative to demand, with only 65 active listings currently on the market. This scarcity supports the observed price appreciation and keeps the market from tipping decisively toward buyers. While the number of days on market has ticked up significantly compared to last year, the combination of rising prices and stable inventory suggests a healthy equilibrium for both purchasers and sellers in Salado. Want to see this home? Call or text George at 713.918.9951 for a private showing. Coverage: most home sales in Salado are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. 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