Manor Market Recap: Prices Dip as Days on Market Rise

Manor's housing market showed a distinct shift in September as median prices softened and homes took significantly longer to sell compared to the same time last year. The median close price settled at $317,990 across 47 closed sales, down 7.2% from $342,657 in September 2025. This marks a continued cooling trend where buyers have more leverage, with the median days on market surging to 84 days, a 71.4% increase from the 49 days recorded last year. Price reductions became more common as well. The share of homes selling below their original list price rose to 87.2%, up 7.8 percentage points year-over-year. While the median close-to-original list ratio dipped slightly to 93.6%, indicating that final offers are averaging closer to 94 cents on the dollar, the extended time on market suggests a more cautious buyer pool. New construction activity remained robust, accounting for 28 of the 47 closed sales. The typical home sold in September was larger than last year, with median living area expanding to 2,075 square feet, up 7.1% from the prior year. Despite the price adjustments, inventory levels remain tight relative to sales velocity, with 291 active listings representing a 5.88-month supply. ALEX Intelligence analyzed the full dataset of 47 transactions to determine these trends. The data reflects a market in transition where pricing is adjusting to match current demand dynamics while new construction continues to drive volume. 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