Kyle Market Pulse: Is Inventory a Buyer's or Seller's Market?

Is the local housing market shifting toward buyers or sellers? The answer lies in the months of inventory metric, which divides current active listings by the average monthly sales rate. In Giddings, this calculation yields 3.82 months of inventory based on 7 active homes and a recent sales pace of roughly two homes per month. ALEX Intelligence classifies markets with fewer than six months of supply as favoring sellers, while those exceeding six months lean toward buyers. A reading of 3.82 months indicates a balanced market that is currently leaning slightly toward sellers, though the window for negotiation remains open compared to tighter seller's markets. This classification relies on the ratio of active inventory to closed sales over the trailing twelve-month period. The median sale price for single-family homes in Giddings stands at $205,000 across 19 closed transactions. Homes are selling for approximately 90.7% of their original list price, with nearly 90% of deals closing below the initial asking price. The average home size sold was 1,536 square feet, and properties spent a median of 141 days on the market before closing. While the inventory level suggests a balanced environment, the extended time on market and the prevalence of sales below list price indicate that buyers retain leverage in this specific segment. The data reflects a stable but slow-moving cycle where patience is often required to secure a deal. Thinking of selling in Ot Giddings, Giddings? Ask for a free ALEX Intelligence valuation of your home. Based on 19 closed sales in the 12 months ending Oct 31, 2026. 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