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ShadowGlen New Listings vs. Closings: The Supply Gap
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-02
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $326,000
13804 Long Shadow DR, Manor TX 78653 · MLS #7673755
Listed at $321,000, 3 bed, 2 bath, 2,085 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 8% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187790895/13804-Long-Shadow-DR-Manor-TX
Lower-middle quartile: $326,000 to $389,000
13701 Sugar Bush PATH, Manor TX 78653 · MLS #3735043
Listed at $339,900, 4 bed, 3 bath, 2,271 sq ft. Listed 6% below the ALEX valuation; 11% under the local price per sq ft; price reduced 7% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187056209/13701-Sugar-Bush-PATH-Manor-TX
Upper-middle quartile: $389,000 to $454,000
11708 Pillion PL, Manor TX 78653 · MLS #1274062
Listed at $399,000, 4 bed, 3.5 bath, 2,978 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 20% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1190052510/11708-Pillion-PL-Manor-TX
Upper quartile: $454,000 and up
11332 Terrace Meadow WAY, Manor TX 78653 · MLS #9293854
Listed at $829,900, 5 bed, 4.5 bath, 3,774 sq ft. Listed 1% below the ALEX valuation; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182517100/11332-Terrace-Meadow-WAY-Manor-TX
Key figures · ShadowGlen · rolling 6 months ending Oct 31, 2026
- 30 homes sold in ShadowGlen in the 6 months ending Oct 31, 2026 (down 31.8% on a year earlier).
- Median sale price: $408,250 (up 2.2% on a year earlier).
- Median price per square foot: $164.
- Median days on market: 36.
- Median sale price as a share of the original list price: 94.0%.
- 30 homes for sale now, about 6.0 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
ShadowGlen saw 36 new listings enter the market while 30 homes closed in the same six-month period. This imbalance between new supply and demand defines the local supply gap.
ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to determine inventory pressure. In a rolling six-month window ending Oct 31, 2026, the community added 36 new homes for sale against 30 closed transactions. This net increase in available inventory suggests a shift toward more balanced conditions compared to tighter markets where sales outpace listings.
The median price for these 30 closed sales reached $408,250, up 18.6% from the prior six-month period. Meanwhile, the average home size grew to 2,602 square feet, a 10.1% increase over the previous window. While new construction remains limited with only one sale in this tier, the influx of fresh listings provides buyers with more options than in previous cycles.
The data indicates that for every ten homes sold, roughly twelve new ones were added to the market. This dynamic allows buyers to negotiate from a position of slightly greater leverage, as evidenced by 83% of sales closing below original list prices. The supply gap has widened enough to slow price growth relative to the prior period, even as values remain higher than last year.
This analysis relies on 30 closed sales and 36 new listings recorded in the Unlock MLS database over the specified window.
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
Source data: Unlock MLS listing and closed-sale activity, rolling 6 months ending Oct 31, 2026, n=30 closed
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










