Star Ranch: Is It a Buyer's or Seller's Market?

Is the Star Ranch housing market currently favoring buyers or sellers? The answer lies in the months of inventory metric, which stands at 2.88 based on 38 closed sales over the trailing 12 months. This figure is calculated by dividing the current active listings by the average monthly closings. ALEX Intelligence classifies markets using this gauge: less than 4 months typically indicates a seller's market, while more than 6 months suggests a buyer's market. At 2.88 months, Star Ranch sits in a balanced zone where neither side holds a decisive advantage, though the downward pressure on prices is evident. Median close prices have fallen to $385,500, down 10.2% from the prior period and the same time last year. Homes are selling for 94.6% of their original list price, with 84.2% of sales closing below the initial asking amount. The median days on market has also dropped significantly to 40 days compared to 66 days previously, suggesting a shift in buyer urgency despite lower prices. While inventory remains tight at just 12 active listings, the combination of reduced prices and high negotiation leverage points toward a shifting balance. Buyers are finding opportunities to negotiate, but the low supply prevents a full swing into a buyer's market. 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