Gillespie County: Months of Inventory Signal Buyer Market

Is the market finally tipping in favor of buyers? In Gillespie County, the answer is yes. With 10.19 months of inventory available today, the local market has shifted decisively into buyer territory. This figure represents the time it would take to sell all current listings at the current sales pace, calculated by dividing active listings by the average monthly closings over the trailing six-month window. For context, a balanced market typically hovers around 4 to 6 months of inventory. Anything above that threshold indicates an oversupply of homes relative to demand. In this rolling six-month period ending September 30, 2026, there were 42 closed sales across the county. The median home price settled at $602,500, which is down 17.5% compared to the same window last year when the median was $730,000. The data also shows that homes are taking longer to sell than in previous years. The median days on market rose to 67 days, a 36.7% increase from the prior period and significantly higher than the 49 days recorded last year. Additionally, 83.3% of closed sales sold below their original list price, reinforcing the trend that buyers have more negotiating power. ALEX Intelligence analyzes these inventory metrics to classify market conditions. A reading above six months consistently signals a buyer's market where supply exceeds demand. For sellers in Gillespie County, this environment suggests that pricing strategy and patience are now critical factors for a successful transaction. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Coverage: most home sales in Gillespie County are listed in the Central Hill Country 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