Goodnight Ranch Inventory Signals Buyer Leverage in October

Goodnight Ranch currently holds 9.48 months of inventory based on the last six months of activity. This figure is calculated by dividing the 49 active homes for sale today by the average monthly sales pace of roughly five closed transactions. In real estate analysis, a balance of six months typically indicates a neutral market; anything above that threshold signals a shift toward buyer leverage. The data confirms this dynamic with a median close price of $385,000 across 31 closed sales over the rolling six-month window. This represents an 8.9% decline compared to the same period last year when the median was $422,500. While prices have softened, the market is moving faster than before; homes are spending a median of 59 days on the market, down 13.2% from the prior six-month period and 10.6% lower than last year. ALEX Intelligence classifies this inventory level as a buyer's market. The combination of high supply and reduced time on market suggests that while buyers have more choices and negotiating power, properties that are priced correctly are still selling relatively quickly. The median price per square foot has risen 5.2% to $201, indicating that value is being found in the specific attributes of the homes rather than broad price appreciation. For sellers, this environment requires realistic pricing strategies, as 87.1% of closed sales finished below the original list price. Buyers entering the market now face less competition for inventory but must navigate a landscape where final sale prices are frequently adjusted downward from initial asking levels. Looking to buy in Goodnight Ranch? Get new listings the day they hit the market. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951