Lariat: Is the Market Balanced or Leaning Buyers?

Is the Lariat housing market currently favoring buyers or sellers? The answer lies in the months of inventory metric, which stands at 4.59 based on 121 closed sales over the rolling six-month period ending September 30, 2026. This figure is calculated by dividing the current active inventory of 94 homes by the average monthly sales rate. In real estate analytics, a market with fewer than four months of supply typically favors sellers, while more than six months favors buyers. At 4.59 months, Lariat sits in a transitional zone that leans slightly toward balanced conditions but offers emerging opportunities for buyers compared to the tighter markets seen previously. This shift is supported by data showing median days on market dropped 31.9% from the prior period, yet prices have softened, with the median close price falling 2.3% month-over-month and 2.3% year-over-year. ALEX Intelligence analyzes this inventory level alongside price trends to determine market power. The current data suggests that while homes are selling faster than they did six months ago, the increased supply relative to demand is giving buyers more negotiating room. With 94 active listings available for every 123 homes sold in the last half-year, the balance of power has tilted enough to prevent a seller's market, though it has not yet reached a pure buyer's market threshold. This assessment relies on the standard definition of months of inventory, which serves as a leading indicator for price stability and negotiation leverage. As long as active listings remain near current levels while sales volume stabilizes, buyers can expect a market that is neither frantic nor stagnant, but rather one where patience and data-driven offers are rewarded. 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