Crosswinds Inventory Signals a Buyer's Market

Is there enough housing for everyone looking to buy? In Crosswinds, the answer is a definitive yes. The market currently holds 10.15 months of inventory based on the pace of sales over the last six months. This figure represents the time it would take to sell all current listings if no new homes came on the market. To determine whether this favors buyers or sellers, ALEX Intelligence applies a standard classification gauge. Generally, less than 6 months indicates a seller's market, while more than 6 months signals a buyer's market. With over 10 months of stock available, Crosswinds is firmly in buyer territory. This abundance gives purchasers the time to negotiate and the choice to be selective without pressure. This high inventory level coincides with a median close price of $355,000 across 39 closed sales. The market has seen prices remain flat compared to the prior six-month period, while the number of days homes sit on the market has dropped slightly by 12.5% compared to the previous window. However, the sheer volume of available homes keeps the balance tilted toward those looking to purchase. The data reflects a shift from the tight conditions seen in previous years. While median prices have dipped 5.3% compared to the same period last year, the primary driver for buyers is the supply side. With 66 active listings and only 39 sales over six months, the market is currently defined by availability rather than scarcity. https://alex.realestate 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