Crestview Supply Gap: New Listings Outpace Closings

In Crestview, Austin, the balance between new supply and buyer demand shifted over the last year as new listings outpaced closings. ALEX Intelligence analyzed the flow of homes entering the market against those that sold to determine the current supply gap. Over the rolling 12 months ending Oct 31, 2026, 23 new listings entered the Crestview market while 15 single-family homes closed sales. This volume indicates a net increase in available inventory relative to the pace of sales. The median close price for these 15 transactions was $629,500, representing a 0.9% increase compared to the prior period and a 0.9% rise from the same window last year. The speed at which homes sold also accelerated significantly. Median days on market dropped to 16 days, down 56.8% from the prior period and the same time last year. This reduction in time on market suggests that despite the higher volume of new listings, properties are moving faster than before. The median price per square foot rose to $465.66, up 4.5% from the prior period. While the supply gap shows more homes entering the market than closing, the rapid sales velocity indicates strong buyer interest in the available inventory. Homes sold for a median of 95.9% of their original list price, a 5.2% improvement over the prior period. The median living area for closed sales was 1,573 square feet, up 10.5% from the previous window. Current active listings stand at 4 homes, with an estimated 2.0 months of inventory based on the recent closing pace. This combination of rising new supply and faster sales velocity defines the current market dynamic in Crestview. Shopping in Crestview, Austin? Tell us what you want and we'll send matching homes as they list. 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