Gillespie County: New Listings vs. Closings Show Supply Gap

In Gillespie County, a clear supply gap has emerged as new listings fell while closings held steady over the last six months. The data shows 60 new homes entered the market compared to 36 that sold, creating a net reduction in available inventory. This dynamic is critical for buyers and sellers to understand, as it signals a tightening market where demand is outpacing fresh supply. ALEX Intelligence analyzed the dual-axis trend of new listings versus closed sales to quantify this gap. The rolling six-month window ending Oct 31, 2026, reveals that while 36 homes closed at a median price of $649,550, only 60 new properties were added to the active pool. This contrasts with the prior six-month period, where 77 new listings joined just 26 closings, indicating a shift in market velocity. The supply gap is further highlighted by the drop in median living area for sold homes, which fell to 2,016 square feet from 2,116 square feet previously. Meanwhile, the median days on market decreased by 31% compared to the prior period, suggesting that available inventory is moving faster than new supply can replace it. This imbalance defines the current market conditions in Gillespie County. Want to see this home? Call or text George at 713.918.9951 for a private 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