Rough Hollow: Is It a Buyer's or Seller's Market?

Is a market with 3.5 months of inventory a buyer's or seller's market? In Rough Hollow, the answer lies in the balance between supply and demand over the last six months. With 47 closed sales and 28 active listings today, the area sits at 3.5 months of inventory. This figure is calculated by dividing the current active inventory by the average monthly sales pace. In real estate analysis, a market with less than 6 months of inventory typically favors sellers, while more than 6 months favors buyers. At 3.5 months, Rough Hollow remains in seller territory, though it has cooled slightly from tighter conditions seen previously. The median sale price rose to $990,000, up 21.5% from the prior six-month period and nearly flat compared to the same window last year. Days on market have also improved significantly, dropping to a median of 44 days, down 17% from the prior period and 52% lower than a year ago. This indicates that homes are moving faster despite the slight increase in inventory. The ALEX Intelligence model classifies this as a balanced-to-seller-leaning market where well-priced properties still command strong attention. Buyers should note that while competition exists, the 3.5-month supply offers more choice than in previous years. Sellers can expect a competitive environment, but pricing must align with current demand to avoid extended listing times. The data suggests a stable market where value is being realized without the extreme scarcity of a pure seller's market. 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