Buttercup Creek: Is This a Buyer's or Seller's Market?

How many homes are available for sale relative to the pace of buyers closing deals? In Buttercup Creek, the answer is 2.12 months of inventory based on the last six months of activity. This figure represents the time it would take to sell all current listings at the current sales rate, assuming no new homes hit the market. ALEX Intelligence classifies markets with fewer than six months of inventory as a seller's market. At 2.12 months, supply remains tight compared to demand. This scarcity is reflected in the speed of transactions and pricing power. The median days on market dropped sharply by 68.4% from the prior period to just 18 days, while the median close price rose 4.0% to $505,500 across 48 closed sales. The ratio of final sale price to original list price also improved, climbing 4.5% to 97.2%. Fewer homes are selling below their asking price, with the share of sales under original list dropping 26.4% compared to the prior period. While prices remain slightly lower than the same window last year, the rapid turnover and low inventory levels indicate that sellers still hold the advantage in negotiations within this Cedar Park community. 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