Kyle Market Update: Sales Up, Prices Dip in Rolling Year

Kyle saw a slight uptick in sales volume but a notable drop in price per square foot over the trailing 12 months. The market recorded 14 closed sales with a median close price of $368,900, up 1.9% from the prior period and the same time last year. However, the median price per square foot dropped to $162.87, down 11.1% compared to both the previous six-month window and the same period a year ago. Inventory levels remain tight with 4.2 months of supply currently available. Homes are selling faster than before, with the median days on market falling to 25 days, a 35.9% decrease from the prior period. Despite the quicker sales pace, 64.3% of homes sold below their original list price, an increase of 19.5 percentage points compared to the prior window. The average home size in Kyle increased slightly to 2,062 square feet, up 2.4% from the previous period. While cash purchases were not reported for this sample, the median contract-to-close timeline remains unavailable due to low transaction volume. This data reflects a market where homes are moving quickly but at lower price-per-square-foot valuations than earlier in the year. ALEX Intelligence estimate, not an appraisal. Want these numbers for your street? Email [email protected]. 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