Taylor Market Recap: Sales Volume Up, Prices Down in Rolling Six Months

Taylor's housing market showed renewed activity over the past six months, with closed sales rising to 117 from 100 in the prior period and 145 a year ago. While transaction volume increased by 17% compared to the same window last year, the median sale price settled at $299,900, reflecting a 4.8% decline from the $315,000 recorded twelve months prior. This shift indicates that while more homes are moving, buyers are negotiating prices lower than in previous years. The pace of sales also slowed relative to last year. The median days on market stretched to 47 days, up 23.7% from the 38 days seen a year ago, though this remains faster than the prior six-month period which averaged 52 days. Sellers are accepting slightly more of their original list prices now; the close-to-original list ratio improved to 95.8%, compared to 93.8% last year and 92% in the prior period. Inventory levels remain balanced, with 6.3 months of supply available based on current sales rates. New construction continues to play a significant role, accounting for 34 of the 117 closed sales. The median home size sold was 1,746 square feet, down slightly from the prior period and last year. Overall, the market is characterized by higher affordability and increased turnover, even as prices adjust downward from their peaks. 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