Georgetown

Georgetown's housing market is leaning toward buyers, edging back a bit from where it was a month ago. The composite score is -1.1 now, up from -1.5 last month.

About 30% of homes that closed in July sold at or above asking, and the typical sold home spent around eleven and a half weeks on the market — noticeably longer than most of the surrounding area. Close to 60% of what's currently listed has had at least one price cut. There's a little over four months of supply on hand at July's pace of sales.

Prices held essentially flat — down under 3% from June, and basically unchanged from a year ago. Just under 200 homes closed in Georgetown in July. The longer time-on-market here is worth keeping in mind if you're planning around a timeline.

You've got real room to negotiate, with close to 60% of listings already showing a price cut. Homes here are taking closer to three months to sell on average, so there's no reason to move faster than you're comfortable with — the market isn't rewarding urgency right now.

Plan for a longer runway than you might expect — homes are averaging close to three months on market before they sell. Price competitively from the start using July's actual numbers, since only about 3 in 10 homes are closing at or above asking.