Inventory in Liberty County is high, with about 866 active listings and 8.2 months of supply, signaling a strong lean toward buyers. New listings just jumped more than 20 percent from the prior month and are up over 15 percent from a year ago, so options are expanding. At the same time, pending sales dropped sharply month over month and are down double digits year over year, showing slower contract activity despite the added supply.
Prices are adjusting to this softer demand. The typical home value has fallen more than 17 percent compared with last year, and it also slipped a bit in the past month. List prices, however, are holding much closer to last year and even moved nearly 5 percent higher month over month, suggesting sellers are still testing the market even as buyers negotiate more.
Homes are taking time to sell, with a median of 94 days on market, though that is about 38 percent faster than a year ago. Only about 7 percent of homes are selling above list price, and the average sale-to-list ratio sits just over 96 percent, indicating buyers often secure discounts while sellers still close near asking. With Liberty County showing a clearer buyer’s market than Texas overall, both buyers and sellers can benefit from Agent Pronto’s help in finding a local agent who understands these shifting conditions.
