Siena: Is It a Buyer's or Seller's Market?

Is the Siena market currently tipping in favor of buyers or sellers? The answer lies in the months of inventory metric, which measures how long it would take to sell all current listings at the current sales pace. In Siena, that figure stands at 3.58 months based on 62 closed sales over the rolling six-month period ending October 31, 2026. ALEX Intelligence classifies markets using standard thresholds: less than 4 months typically indicates a seller's market, while more than 6 months suggests a buyer's market. With 3.58 months of inventory, Siena currently sits just inside the seller's territory but remains close to a balanced state. This classification reflects the interplay between the 37 active listings available today and the steady pace of 62 homes selling over the last half-year. The data also shows that sales are moving faster than in prior periods. Median days on market dropped 44% compared to the previous six-month window, falling from 50 days to 28 days. This acceleration supports the classification of a seller's or balanced market, as homes are finding buyers more quickly despite prices being slightly lower year-over-year. While inventory remains tight enough to favor sellers, the slight dip in median price compared to last year suggests that pricing discipline is still required. Buyers should note that with 3.58 months of supply, competition exists but is not as intense as in a classic seller's market where inventory drops below 3 months. Want to see this home? Call or text George at 713.918.9951 for a private 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