Parkside on the River: New Listings vs. Closings Gap

How does a shrinking supply of new homes affect buyers in Parkside on the River? The data reveals a widening gap between fresh inventory and completed sales. Over the rolling six months ending October 31, 2026, 196 new listings entered the market while 110 homes closed. This compares to the prior six-month period where 130 new listings were added against just 85 closings. ALEX Intelligence analyzed the supply and demand dynamics by comparing these two key metrics. New listing volume dropped from 196 to 130, while closed sales rose from 85 to 110. This divergence creates a tighter market environment where demand is outpacing fresh supply more significantly than in the previous half-year. The median close price for these 110 transactions was $614,084, down 9% from the prior period's $675,180. Despite the price adjustment, the volume of homes sold increased while new inventory contracted. This shift suggests that buyers are moving faster than sellers are listing, a classic supply gap indicator. The median days on market also dropped 32.6%, falling to 89 days from 132 days previously. This analysis relies on Unlock MLS data for single-family homes with prices net of seller-paid concessions. The current inventory stands at 82 active listings against the 110 closed sales, indicating a months of inventory level of 4.47. While the market remains balanced, the reduction in new supply relative to closing activity signals a shift toward tighter conditions for prospective buyers. 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