Goodnight Ranch: 11.5 Months of Inventory Signals Buyer Market

Goodnight Ranch currently holds 11.52 months of inventory, a figure that clearly defines the market as one favoring buyers. This metric is calculated by dividing the 48 active listings on the market today by the average monthly sales pace of roughly four homes per month over the last six months. When inventory exceeds six months, it typically indicates a buyer's market where supply outstrips demand. The data supports this classification with median days on market rising to 75 days, an increase of 19% compared to the prior six-month period and 13.6% higher than the same window last year. Homes are staying listed longer, giving buyers more time to evaluate options and negotiate. The median close price of $399,990 is up 7.8% from the prior period but remains 5.9% below the level seen a year ago, reflecting the impact of this elevated supply on pricing power. ALEX Intelligence applies this inventory classification by comparing current active stock against recent sales velocity. With nearly 12 months of stock available at the current sales rate, the market is not balanced and leans heavily toward buyers. This environment often correlates with the observed increase in price reductions, as sellers adjust expectations to move properties within a longer sales cycle. The sample size for this analysis covers 25 closed sales over the rolling six-month window ending October 31, 2026. While the market shows signs of cooling compared to last year, the volume of active listings remains the primary driver defining the current conditions for prospective buyers and sellers in Goodnight Ranch. 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