Forest Oaks Inventory Signals a Balanced Market

Is Forest Oaks currently a buyer's or seller's market? The answer lies in the months of inventory metric, which measures how long it would take to sell all current listings at the current sales pace. In Forest Oaks, this figure stands at 2.53 months based on 39 closed sales over the rolling 12 months ending October 31, 2026. This level of inventory typically indicates a balanced market, where neither buyers nor sellers hold a distinct advantage. A market is generally considered a seller's market when inventory falls below four months and a buyer's market when it exceeds six months. With 8 active listings currently on the market, supply remains tight relative to demand, yet not so scarce as to trigger rapid bidding wars. The median close price for these 39 homes was $472,000, down 15.7% from the prior period and the same window last year. Homes sold in an average of 24 days, a slight increase of 4.3% compared to previous periods. The median close-to-original list ratio was 94.7%, suggesting that while sellers are still receiving strong offers, there is slightly more room for negotiation than in tighter markets. ALEX Intelligence classifies this market condition as balanced based on the inventory gauge. Buyers have a reasonable selection of homes without facing extreme competition, while sellers can expect to move their properties within a month but may need to price competitively to achieve full list value. This stability offers a predictable environment for both parties entering the transaction process. 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