Kyle: Where Prices Were Cut Most in October

In Kyle, nearly nine out of ten homes sold for less than the original asking price last month. Of the 99 closed sales tracked in October 2026, 89% finished below the initial list price. This marks a shift from September, where 87% of sales were below list, and represents a continued trend compared to the same time last year when 88% sold under list. ALEX Intelligence analyzed price change history across the market to identify which subdivisions saw the most reductions. The data shows that Waterstone had the highest rate of price cuts among homes with at least five sales, where 95% of listings were reduced before closing. In contrast, Plum Creek North saw a lower reduction rate at 83%, while 6 Creeks sat at 89%. The median days on market rose significantly to 84 days, up 47.4% from the prior month and 42.4% from last year. This longer selling time often correlates with sellers adjusting prices to attract buyers. The median sale price dropped 2.0% to $294,867, while the median close-to-original list ratio fell to 0.909, down 4.1% from September. These figures indicate a market where patience and pricing strategy are critical for sellers. Buyers may find more negotiating power in subdivisions with higher reduction rates, though inventory levels remain steady with 544 active listings. The data reflects a balanced environment where price adjustments are becoming the norm rather than the exception. 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