Belterra: New Listings vs. Closings in Rolling Six Months

In Belterra, the balance between new supply and buyer demand shifted over the last six months as 56 homes sold while only 47 new listings hit the market. This gap between new inventory and closings suggests a tightening environment where available stock is being absorbed faster than it is replenished. ALEX Intelligence analyzed the rolling six-month window ending Oct 31, 2026, to track this supply dynamic. The data shows that while 56 transactions closed, bringing in fresh capital, the market received just 47 new listings during the same period. This net reduction in available inventory helps explain why the median days on market dropped to 18 days, down 18.2% from the prior six-month period and 37.9% lower than the same window last year. The median close price rose to $692,500, up 5.7% from the previous six months, even as the median living area grew slightly to 2,866 square feet. With only 12 active homes currently on the market and a calculated 1.29 months of inventory, the ratio of new listings to closings indicates a seller-favorable condition where demand is outstripping fresh supply. This activity level reflects a market where buyers are moving quickly, often closing within three weeks, while sellers continue to list at a pace that cannot fully satisfy the current volume of transactions. The result is a competitive landscape where homes sell faster and prices hold firm despite a slight year-over-year price dip. Want to see this home? Call or text George at 713.918.9951 for a private 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