Del Valle: Is It a Buyer's Market in October?

Is the market for single-family homes in Del Valle shifting toward buyers? The answer lies in the months of inventory metric, which measures how long it would take to sell all current listings at the current sales pace. In October 2026, Del Valle held 5.43 months of inventory based on 19 closed sales and 96 active listings. This figure sits above the 4.0-month threshold typically signaling a buyer's market, suggesting that homes are staying on the market longer and buyers have more negotiating power than in previous years. The data supports this shift with significant price adjustments. The median close price dropped to $289,990, down 7.2% from September and 12.7% lower than October 2025. Furthermore, 84.2% of homes sold below their original list price, a slight increase in the share of reduced sales compared to the prior period. Days on market also improved for sellers, averaging 66 days, which is down 13.2% from the same time last year, though still longer than the regional average. ALEX Intelligence calculates that with inventory levels this high, buyers can expect to find homes priced competitively. While the market remains active with new construction accounting for a notable portion of sales, the combination of rising supply and cooling prices creates a favorable environment for purchasers looking to negotiate terms. The classification gauge indicates a buyer's market, where supply exceeds immediate demand. This balance allows buyers to be selective without facing the bidding wars seen in tighter markets. As inventory levels stabilize, the pace of price reductions may moderate, but for now, the data points clearly toward buyer leverage. 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