Gillespie County Market Heat Score: A Balanced View

Is Gillespie County currently a buyer's or seller's market? The ALEX Intelligence Market Heat Score provides a composite view by weighing days on market, sale-to-list ratios, inventory levels, and price reductions. For the rolling six months ending October 31, 2026, the score indicates a balanced market leaning toward buyers due to elevated inventory. The region recorded 37 closed sales with a median close price of $641,600, up 7.8% from the prior six-month period but down 20.3% compared to the same window last year. Homes spent a median of 64 days on market, which is 11.1% faster than the previous period yet 23.1% longer than a year ago. The median close-to-original list ratio stood at 93.9%, with 81.1% of sales closing below the original asking price. Current inventory stands at 71 active listings, creating an estimated 11.5 months of supply based on the current sales pace. This high level of stock suggests buyers have significant selection and negotiating power. The ALEX Intelligence composite index combines these factors to assign a heat score that reflects this equilibrium, where neither side holds a distinct advantage. While the median price per square foot dropped 32.4% year-over-year to $277, the market remains active with new listings rising to 67 in the current window compared to 47 previously. The data suggests a stabilization after a period of higher prices, now settling into a volume-driven balance. https://alex.realestate/market-analysis/gillespie-county 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