Leander October Market Recap: Sales Drop, Prices Dip

Leander saw a significant cooling in October with just 88 closed sales, a 23.5% drop from the prior month and a 25.4% decline compared to last year. The median sale price settled at $435,000, down 5.3% from September and 0.7% lower than October 2025. Despite fewer transactions, homes sold slightly faster on average, with the median days on market holding steady at 46 days, a 22% improvement over the same time last year when it took 59 days to close. ALEX Intelligence analyzed the full dataset of 88 closed sales to determine that 79.5% of homes sold below their original list price, though this share decreased slightly compared to the prior month. The median price per square foot also declined by 2.6% to $189, reflecting a shift in buyer demand or inventory mix. New construction remained a steady component of the market with 18 closings recorded for the month. Inventory levels remain elevated with 629 active listings, resulting in approximately 4.8 months of supply. This balance suggests a neutral to slightly buyer-favorable environment where negotiation room exists. While sales volume has retreated from its summer peaks, the stability in days on market indicates that properties priced correctly continue to move through the pipeline efficiently. 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