Hays County Inventory Signals a Balanced Market in September

Is the market tipping toward buyers or sellers? In Hays County, the answer lies in the months of inventory gauge. With 1,940 active listings and 322 homes closing in September, the market holds 4.86 months of supply. This figure places the county squarely in balanced territory, where neither side holds a distinct advantage over the other. Months of inventory measures how long it would take to sell all current listings at the current sales pace. A reading below four months typically favors sellers, while above six months favors buyers. Hays County has held steady near this balance point for several months, with 4.86 months available as of late September. This stability contrasts with the recent price action, where the median sale price rose to $372,495, a 4.9% increase from August and a 2.1% gain over last year. The supply gap remains tight enough to support prices despite a 24.6% drop in sales volume compared to August. Buyers are finding options across the county, with subdivisions like Sunfield and Waterstone showing strong activity. However, the 56 days on market indicates that homes are not moving as quickly as they did earlier in the year. ALEX Intelligence classifies this market condition as balanced based on the inventory-to-sales ratio. For sellers, this means pricing must remain competitive to attract buyers in a stable environment. For buyers, it suggests there is room to negotiate without the urgency of a seller's market, though limited inventory keeps competition present for well-priced homes. 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