Georgetown October Market Pulse: Sales Drop, Prices Hold

Georgetown homebuyers and sellers faced a distinct shift in October as the market cooled slightly from September's pace. Closed sales dropped to 203 transactions, down 16.1% from the prior month, while the median sale price held steady at $410,000, up just 0.6% from September. This stability comes despite a 8.9% decline in median prices compared to October 2025, when homes sold for $450,000. The speed of sales accelerated noticeably. Median days on market fell to 51 days, a 20.3% improvement from the previous month and a 23.9% drop from last year. Homes continued to sell below original list prices, with 85.7% of closed deals coming in under asking, though this share dipped slightly compared to the prior period. Current inventory stands at 1,204 active listings, creating a 4.35-month supply of homes. This level suggests a balanced market where neither buyers nor sellers hold overwhelming leverage. New construction activity remained robust with 62 closed sales, accounting for roughly one-third of all transactions. With mortgage rates at 7.18% as of early November, affordability remains a key factor for local buyers navigating this transition period. 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