| George Arnold Alexander III, MPA |
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New Listings vs. Closings: The Supply Gap in Blanco Vista
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-03
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $278,000
128 Lacey Oak LOOP, San Marcos TX 78666 · MLS #1720447
Listed at $275,000, 3 bed, 2 bath, 1,790 sq ft. Listed 2% below the ALEX valuation; 14% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188932807/128-Lacey-Oak-LOOP-San-Marcos-TX
Lower-middle quartile: $278,000 to $348,000
104 Ladolia LN, San Marcos TX 78666 · MLS #2282048
Listed at $310,000, 3 bed, 2 bath, 1,821 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188055720/104-Ladolia-LN-San-Marcos-TX
Upper-middle quartile: $348,000 to $425,000
706 Irvin DR, San Marcos TX 78666 · MLS #2145179
Listed at $395,000, 4 bed, 2.5 bath, 2,907 sq ft. Listed 1% below the ALEX valuation; 24% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188295396/706-Irvin-DR-San-Marcos-TX
Upper quartile: $425,000 and up
317 Lacey Oak LOOP, San Marcos TX 78666 · MLS #7266812
Listed at $440,000, 4 bed, 3 bath, 2,594 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 3% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189686864/317-Lacey-Oak-LOOP-San-Marcos-TX
Key figures · Blanco Vista · rolling 6 months ending Oct 31, 2026
- 27 homes sold in Blanco Vista in the 6 months ending Oct 31, 2026 (down 41.3% on a year earlier).
- Median sale price: $325,000 (down 11.2% on a year earlier).
- Median price per square foot: $174.
- Median days on market: 54.
- Median sale price as a share of the original list price: 95.5%.
- 28 homes for sale now, about 6.2 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Blanco Vista is currently adding more homes to its market than it is selling. Over the rolling six months ending October 31, 2026, the community saw 38 new listings enter the market while only 27 properties closed. This imbalance creates a supply gap where incoming inventory outpaces absorption.
ALEX Intelligence analyzed the dual-axis trend of new supply versus closings to quantify this dynamic. The data shows that for every home sold in Blanco Vista during this period, approximately 1.4 new listings were added. While the number of new listings remained flat compared to the prior six-month window (38 vs. 38), the volume of closed sales dropped significantly from 45 to 27.
This divergence has contributed to a shift in market balance. With 28 active homes currently on the market and a median closing price of $325,000 across 27 sales, the supply gap is evident. The ratio of new listings to closings suggests that inventory levels are building relative to demand, which may influence pricing dynamics as sellers compete for buyers in an environment where fresh stock consistently exceeds transactions.
The sample size for this analysis includes 38 new listings and 27 closed sales, providing a clear view of the current supply-demand relationship in Blanco Vista.
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
Source data: Unlock MLS listing and closed-sale activity, rolling 6 months ending Oct 31, 2026, n=27 closed sales and 38 new listings
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










