Lampasas County: New Listings vs. Closings Show Supply Gap

In Lampasas County, the balance between new supply and buyer demand shifted over the last six months as new listings outpaced closings. A total of 95 homes were added to the market while 70 sales closed, creating a visible gap between what sellers brought forward and what buyers completed. This dynamic is captured by comparing the dual-axis trend of new listings against closed transactions. The data shows that while 95 new listings entered the market, only 70 properties successfully closed in the same rolling six-month window ending Oct 31, 2026. This indicates a net increase in available inventory relative to sales velocity. The median close price for these 70 transactions rose 10.8% compared to the prior six-month period, reaching $312,584. Simultaneously, the time on market shortened slightly, with homes selling in a median of 56 days, down from 59 days previously. ALEX Intelligence analyzed the supply gap by contrasting the volume of new listings against the volume of closed sales. The ratio of new listings to closings suggests that while demand remains active, the rate of new inventory entering the market is currently higher than the rate at which homes are being sold. This divergence helps explain why months of inventory stood at 4.99 as of the end of October. The median price per square foot also increased by 16.8% over the prior period to $174.64, reflecting stronger pricing power despite the higher supply volume. With 59 active listings currently on the market and 70 sales closing over six months, the local market is absorbing new inventory at a steady pace, though the influx of 95 new listings has temporarily widened the gap between supply and demand. 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