Cypress Mill and Cypress Creek: Inventory Signals a Buyer's Market

Is the Cypress Mill and Cypress Creek market shifting toward buyer advantage? The answer lies in the months of inventory metric, which currently stands at 1.92 based on 56 closed sales over the trailing 12 months. This figure is derived by dividing the current active listings of 8 homes by the average monthly sales pace. In real estate analytics, a market with less than six months of inventory typically favors sellers, while anything above six months favors buyers. A reading near two months indicates a distinct seller's market environment where demand outstrips supply. However, the data also reveals significant price adjustments. The median close price dropped 7.9% to $474,250 compared to the prior period, and nearly 68% of homes sold below their original list price. ALEX Intelligence analyzed these trends to determine market conditions. While low inventory usually drives competition, the combination of falling prices and a high share of sales under asking suggests buyers are finding opportunities to negotiate. The median days on market also shortened by 30%, indicating that while supply is tight, properties that meet buyer expectations move quickly. This snapshot reflects the rolling 12-month window ending October 31, 2026. Buyers should note that with only eight active listings available today, inventory remains scarce despite the price corrections. Sellers in subdivisions like Ranch At Cypress Creek and Cypress Creek Townhomes are seeing activity, but the overall trend points to a market where patience and negotiation can yield results. 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