Spring Branch: A Year of Price Growth and Smaller Homes

What does a 30.7% jump in median home prices mean for Spring Branch? Over the rolling 12 months ending October 31, 2026, the median closed price reached $764,000, up from $584,500 in the prior 12-month window. This analysis covers 27 closed sales of single-family homes. While prices climbed significantly, the typical home sold for slightly less relative to its original list price, with the close-to-original list ratio dropping 1.5% to 0.933. The median days on market also increased by 15.7%, reaching 96 days, suggesting a slower pace of transactions compared to the previous year. Interestingly, the homes that sold were larger; the median living area grew 20.7% to 2,608 square feet, even as the price per square foot dipped 2.6% to $249. Current inventory stands at 16 active listings, creating an estimated 8.73 months of supply based on recent sales velocity. This indicates a buyer-favorable environment where buyers have more time to evaluate options. The data also highlights a shift in the market composition, with new construction accounting for just two of the 27 closed sales during this period. ALEX Intelligence analyzed these figures to provide a clear snapshot of the local real estate landscape. For those tracking affordability, current mortgage rates sit at 7.18% as of early November 2026. The combination of higher prices and longer market times suggests a market adjusting to new valuation levels while inventory remains limited relative to sales volume. 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