Plum Creek: New Listings vs. Closings Shows Supply Gap

In the rolling six months ending October 31, 2026, Plum Creek recorded 117 new listings against 107 closed sales. This gap of 10 homes indicates a slight tightening in supply relative to demand during this period. ALEX Intelligence analyzed the dual-axis trend of new supply versus closings to determine market balance. The data shows that while new inventory entered the market at a steady pace, it did not fully outpace the volume of transactions closing each month. This dynamic suggests that available stock is being absorbed efficiently, preventing a significant buildup of unsold homes. The median closed price for single-family homes in this window was $308,057 across 107 sales. Homes spent a median of 44 days on the market, down 21.4% from the prior six-month period. The ratio of final sale price to original list price improved to 94.8%, up 3.0% from the previous window, indicating that sellers are recovering more of their asking prices as inventory remains constrained. With 117 new listings added and 107 homes closing, the market is operating near equilibrium. Buyers should note that while supply is not critically low, the pace of closings keeps active inventory levels manageable. Sellers listing now face a competitive environment where properties are moving faster than in the prior six months, with median days on market dropping significantly from 56 to 44 days. This analysis relies on Unlock MLS data for single-family homes, with prices net of seller-paid concessions. The current mortgage rate environment, at 7.11% as of November 12, 2026, continues to influence buyer purchasing power and transaction timelines in the Plum Creek area. 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