La Cima: Is It a Buyer's Market?

Is the La Cima market tipping in favor of buyers? With 7.86 months of inventory available today, the answer is yes. This figure represents the time it would take to sell all current listings at the current sales pace, calculated by dividing active homes by the average monthly closings over the rolling six-month window. A balanced market typically hovers around four to six months. La Cima sits well above that threshold at nearly eight months. This surplus gives buyers more leverage and time to negotiate. The data supports this shift: median days on market have dropped 17.5% compared to the prior six-month period, yet remain significantly higher than the same window last year, indicating a slower pace of absorption despite recent price adjustments. ALEX Intelligence classifies this inventory level as a buyer's market. Sellers face more competition, with 83.3% of homes selling below their original list price in the current window. While median prices have risen 14.2% from the prior period, the extended time on market suggests that pricing must be precise to attract offers quickly. For buyers, this environment offers a wider selection and less pressure to waive contingencies. For sellers, it signals a need for realistic pricing strategies to compete in a market where inventory is accumulating faster than it is being absorbed. The shift from a seller's or balanced dynamic to a buyer's advantage is clear in the numbers. 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