Manor Market Pulse: Prices Dip as Days on Market Rise

The median price for a home sold in Manor dropped to $317,990 in September, down 7.2% from the same month last year across 47 closed sales. While the number of homes sold remained steady at 47 compared to last year, the time it took to sell them increased significantly. Median days on market rose to 84 days, a 75.0% increase from August and a 71.4% jump from September 2025. This shift indicates a change in market dynamics where buyers have more time to evaluate properties. The median price per square foot also declined by 3.6% month-over-month and 14.4% year-over-year, settling at $161. With 286 active listings currently on the market, the months of inventory stands at 5.76, suggesting a gradual move toward a more balanced environment compared to the tighter conditions seen earlier in the year. Homes are also selling for less relative to their original list prices. The median close-to-original list ratio fell to 0.936, meaning homes sold for roughly 93.6% of their asking price on average. This represents a 2.5% decrease from August and a 0.3% drop compared to last year. Additionally, 87.2% of closed sales in September were below the original list price, up from 80.4% in the prior month. ALEX Intelligence analyzes these KPIs to track how supply and demand are interacting in real time. The data shows that while transaction volume is stable, pricing power has shifted, requiring sellers to be more competitive with their initial listings to attract offers in a market where homes are staying on the market longer. 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