La Cima: New Listings Outpace Closings in Rolling Six Months

La Cima is currently experiencing a supply gap where new listings are entering the market faster than homes are closing. Over the rolling six months ending October 31, 2026, 63 new listings were added while only 42 homes closed. This imbalance creates a dual-axis trend where inventory accumulation outpaces absorption. ALEX Intelligence analyzed the supply and demand dynamics using the Unlock MLS data for this period. The ratio of new listings to closings stands at approximately 1.5 to 1, indicating that sellers are bringing more properties to market than buyers are removing through closed sales. This pattern suggests a gradual shift toward a more balanced or buyer-favorable environment compared to tighter markets where demand exceeds supply. The median close price for these 42 transactions was $466,900, up 14.2% from the prior six-month period but down 2.7% from the same window last year. Meanwhile, the median days on market dropped significantly to 66 days, a 51.5% improvement compared to the previous year, showing that despite higher inventory, homes are selling faster than they did in late 2025. Current mortgage rates stand at 7.18% according to Freddie Mac data from the week of November 5, 2026. This rate environment influences buyer purchasing power and may contribute to the observed gap between new supply and completed transactions. The data reflects a market where activity is robust but supply growth is currently outstripping sales velocity. 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