West Austin New Listings vs Closings Show Supply Gap

West Austin saw 77 new listings enter the market in October while 56 homes completed their sales, creating a clear supply gap where new inventory outpaced closings. This pattern of adding more homes than selling them is visible across the last 24 months of data, with October showing a net increase of 21 active properties compared to the prior month. ALEX Intelligence analyzed the dual-axis trend of new listings versus closed sales to quantify this shift. In October, the 77 new listings represented a 10% rise from the 70 added in September, while closings dipped slightly by 5% to 56 transactions. The result is an inventory level of 268 active homes for sale, which translates to 3.83 months of supply based on the trailing monthly closing rate. This dynamic suggests a market where buyers have more options than in previous months, as the influx of new listings exceeds the pace at which properties are selling. The median close price rose 1.6% to $1,158,750 across the 56 sales, even as the average home size shrank by 9.3% compared to September. While the supply gap is widening, the market remains active with a steady flow of new properties entering the West Austin area. 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