Manor Market Balance: 6.15 Months of Inventory in October

Is the Manor housing market finally tipping in favor of buyers? The latest data shows 6.15 months of inventory as of October 2026, a figure calculated by dividing the 281 active listings by the monthly pace of 36 closed sales. This metric is the standard gauge for market balance: anything below four months typically favors sellers, while six months or more indicates a balanced to buyer-leaning environment. In October, 36 homes sold across Manor, bringing the median close price to $327,450. This represents a 3% increase from September's $317,990, though prices remain 4.6% lower than the same month last year when the median was $343,245. The market is moving at a measured pace, with homes spending an average of 46 days on the market before closing, down significantly from 84 days in September and 90 days a year ago. The supply side has expanded relative to demand. With 281 active listings currently available, buyers have more options than they did earlier this year. The ratio of active homes to monthly closings suggests that while the market is not yet flooded with inventory, the pressure on sellers has eased considerably compared to the tight conditions seen in previous months. ALEX Intelligence classifies this 6.15-month supply as a balanced market leaning toward buyers. This classification means negotiations are likely to be more favorable for purchasers, with less urgency than in a seller's market where inventory is scarce. The data reflects a stabilization after a period of volatility, offering a clearer picture for those looking to buy or sell in the coming months. 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