Canyon Lake: New Listings Outpace Closings in Rolling Six Months

In the rolling six months ending October 31, 2026, Canyon Lake saw 92 new listings enter the market while only 47 homes completed the sale process. This imbalance between new supply and demand defines the current supply gap for buyers and sellers in this ABOR-listed segment. ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this dynamic. The data shows that new listing volume rose from 61 to 92 entries compared to the prior six-month period. In contrast, closed sales increased from 33 to 47 transactions over the same timeframe. This divergence means inventory is accumulating faster than it is being absorbed. While the median close price ticked up 2.0% to $400,000 and days on market improved by 28.6% to 70 days, the sheer volume of new supply suggests a shift toward a more balanced or buyer-favorable environment compared to the tighter conditions seen in the prior period. The sample size for this analysis covers 47 closed sales across the rolling window. For context, the median price per square foot rose 9.2% to $238, reflecting higher value realization despite the increased inventory pressure. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Coverage: most home sales in Canyon Lake 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