Key takeaways
- Texas homes sold in July 2026 spent an average of 63 days on market, compared with 61 days a year earlier, according to the Texas A&M Real Estate Research Center (TRERC).
- Unsold listings at July month-end had averaged 92 days on market, about a month longer than homes that sold. That gap is a useful warning sign for any brokerage's listing inventory.
- Statewide active inventory was about 156,000 listings, a 5.5-month supply. TRERC notes that a three- to four-month supply is generally considered a more balanced Texas market.
- Median seller price cuts were $13,000, or 3.6 percent of the initial list price, in July. Tracking reductions by listing helps a brokerage compare its pricing with the market.
Closed volume is the number most brokerage reports lead with. Listing-level measures matter too: how active listings are aging, how often they are reduced, and how time to sale compares with the market. In a market with more inventory, those numbers can show problems earlier than closings do. Seller conversations, agent coaching and marketing spend all depend on knowing which listings are falling behind.
The Texas A&M Real Estate Research Center (TRERC) publishes a monthly Texas Housing Insight report based on Data Relevance Project and Texas REALTORS® MLS data. Its September 2026 edition, covering July 2026 data, provides a current statewide benchmark.
What the July 2026 Texas data shows
- Sales: 32,306 Texas homes closed in July, up 2.2 percent year over year. Year-to-date sales were 3.2 percent ahead of last year.
- Price: the Texas median sales price was $339,000, unchanged from a year earlier. Prices fell 0.2 percent year over year, a smaller decline than in June or May.
- Days on market (sold): 63 days on average, compared with 61 days a year ago.
- Days on market (unsold): listings still active at July month-end had averaged 92 days.
- Inventory: about 156,000 active listings, up 2.2 percent from June and 0.4 percent below last year, equal to a 5.5-month supply.
- New listings: 56,300 came onto the market, down 0.4 percent from June.
- Price cuts: the median seller price cut was $13,000, equal to 3.6 percent of the initial list price. TRERC says the pace of cuts was slowing compared with a year ago.
Markets differ. TRERC reports that DFW active inventory was down 4.3 percent year over year with a 4.6-month supply, while San Antonio inventory rose 4.4 percent and its supply reached 6.2 months. A brokerage operating across several metros should benchmark each office against its own market, not just the state.
Why the sold-versus-unsold gap matters
The most useful number for listing management may be the difference between the two days-on-market figures. Homes that sold averaged 63 days. Homes that had not sold averaged 92. Listings that pass the typical selling window are, on average, the ones still sitting.
For a brokerage, that suggests a simple rule of thumb: when a listing passes the local average days on market for sold homes without an accepted offer, it deserves a review. That might include a pricing conversation backed by recent sales, a new marketing plan, or a check on showing feedback. The goal is to have that conversation with the seller on a schedule, not after the seller starts asking.
Months' supply as context for pricing conversations
TRERC explains that, in Texas, a three- to four-month supply is generally considered a more stable and balanced market. At 5.5 months statewide, buyers have more choices than in a balanced market. In metros like San Antonio, at 6.2 months, buyers have even more. DFW, at 4.6 months, is closer to balance. These figures give agents neutral, sourced context to share with sellers when discussing list price and expectations.
TRERC also tracks inventory turnover, which it calculates as pending sales divided by inventory, where inventory is the average of month-beginning and month-ending inventory. A brokerage can apply the same idea to its own book: pending listings divided by average active listings for the month. Compared with the statewide trend, it shows whether the brokerage's listings are moving faster or slower than the market.
Listing analytics a brokerage can build
None of these require new data sources. They come from listing records most brokerages already have:
- Listing age distribution: the number of active listings by days on market (for example 0–30, 31–60, 61–90 and 90+), by office and by agent.
- Days on market for closed listings: the brokerage's average compared with the market average for each metro.
- Price-reduction rate and size: the share of listings reduced at least once, and the median reduction as a percent of the original list price, compared with TRERC's 3.6 percent median.
- Listing turnover: pending listings divided by average active listings each month.
- Review compliance: the share of listings past the local sold-days benchmark that had a documented seller review.
Viewed weekly, these measures help managing brokers spot agents who may need pricing support, offices whose listings age faster than their market, and sellers who are due for a conversation. They can also help reduce the chance that a listing quietly expires without a plan.
Keep benchmarks current
TRERC revises figures as more complete data comes in, and conditions change month to month. The report notes that active inventory is expected to retreat from its summer peak heading into fall as seasonal demand slows. Update the benchmarks each month from the latest Texas Housing Insight rather than relying on one number for the year.
This article is general information, not legal advice. Market figures are estimates from MLS data and are revised over time. Confirm the latest numbers with the source before using them with clients. For more guides like this, browse PulseHubCo Insights.
Frequently asked questions
What is the average days on market for Texas homes in 2026?
According to the Texas A&M Real Estate Research Center, homes sold in July 2026 spent an average of 63 days on market, compared with 61 days a year earlier. Listings still unsold at July month-end had averaged 92 days.
How many months of housing supply does Texas have?
TRERC reported a 5.5-month supply of active inventory statewide at the end of July 2026, with about 156,000 active listings. It notes a three- to four-month supply is generally considered a more balanced Texas market.
How is inventory turnover rate calculated?
TRERC calculates turnover as pending sales divided by inventory, where inventory is the average of month-beginning and month-ending inventory. A brokerage can apply the same formula to its own active and pending listings.
Which listing metrics should a brokerage track?
Useful measures include active listing age by office and agent, days on market for closed listings versus the local market, the share of listings with price reductions and their median size, monthly listing turnover, and whether aging listings had a documented seller review.