Kyle New Listings vs Closings: The Supply Gap in October

Kyle saw a clear divergence between new supply and actual closings in October. The market added 153 new listings while only 98 homes closed, creating a net increase in available inventory. This gap means more options for buyers but also signals that demand is not keeping pace with the rate of new entries. The median sale price dropped to $292,255, down 3.9% from September and 1.0% lower than October 2025. Homes took longer to sell as well, with the median days on market rising to 93 days, a 57.6% increase from the prior month and 45.3% higher than last year. This slowdown suggests that while new homes are hitting the market quickly, qualified buyers are taking more time to finalize purchases or negotiating harder terms. ALEX Intelligence analyzed the dual-axis trend of new listings versus closed sales to highlight this supply gap. With 153 new entries against just 98 closings, the active inventory is growing. For sellers, this environment requires competitive pricing and realistic expectations regarding time on market. Buyers now have more choices but should expect a slower pace of transactions compared to previous months. The data reflects a shift where supply outpaces demand in the short term. While new construction continues to add volume, the rate of closings has not matched the influx of new listings. This dynamic is typical of markets transitioning from high demand to a more balanced or buyer-favorable state. 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