Lago Vista: New Listings Outpace Closings in September

In September 2026, Lago Vista saw 33 new listings enter the market while only 13 homes closed, creating a clear supply gap where new inventory outpaced sales. This imbalance contributed to 6.4 months of inventory on hand as of month-end, calculated by dividing the active listings by the monthly closing rate. ALEX Intelligence analyzed the dual-axis trend of new supply versus demand to determine market balance. The data shows that while 33 properties were added to the market, the 13 closed sales represent a slower absorption rate compared to the prior month's 20 closings and last year's 24. This divergence suggests that buyers are taking longer to finalize purchases or that new supply is entering faster than it can be absorbed. The median closing price for these 13 transactions was $368,000, down 12.4% from the prior month and 5.0% lower than September 2025. Despite the price dip, the number of days on market remained steady at 64 days, matching the previous period but dropping 29.7% compared to last year. The ratio of final sale price to original list price was 90.8%, indicating that buyers negotiated below asking prices in more than eight out of ten sales. This supply gap highlights a shift where sellers are listing at a higher rate than the current pace of closings can absorb, potentially extending the time homes remain available for purchase. Want to see this home? Call or text George at 713.918.9951 for a private 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