How fast are homes going under contract in Magnolia?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
In the 30 days to September 30, 2026, 303 homes were newly listed in Magnolia, 168 went under contract and 127 closed. In the last 7 days the counts were 80 new listings, 30 contracts and 32 closings. That is fewer homes going under contract than coming on the market: 0.55 contracts for every new listing over the month.
New listings, contracts and closings
Over the last 30 days in Magnolia: 303 new listings, 168 homes under contract and 127 closed sales. Over the last 7 days: 80 new, 30 under contract and 32 closed. Contracts per new listing over 30 days: 0.55.
How to read it
New listings against contracts is a quick read on whether supply is building or being absorbed. It moves week to week and by price band, so treat it as a snapshot, not a trend. A Magnolia average is a starting point, not a verdict on any one property, and the right move depends on your timeline, finances and the home itself. If you are thinking about timing your move, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| New listings, last 30 days | 303 |
| Went under contract, last 30 days | 168 |
| Closed sales, last 30 days | 127 |
| New listings, last 7 days | 80 |
| Went under contract, last 7 days | 30 |
| Closed sales, last 7 days | 32 |
| Contracts per new listing, 30 days | 0.55 |
Common follow-up questions
What does under contract mean?
The seller has accepted an offer and the sale has not closed yet.
Why do the 7-day and 30-day numbers differ so much?
They cover different windows; a week can be unusually busy or slow, so the 30-day view is steadier.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
What is the median home price in Magnolia?
Homes that sold in Magnolia over the last six months had a median sale price of $314,995, about $167 per square foot, on 1,193 closed sales.
Read answerAre home prices in Magnolia going up or down?
For Magnolia, the answer is mostly lower. In 4 of the last 12 months the median sale price was above the same month a year earlier, and in 8 it was below.
Read answerHow many homes are for sale in Magnolia and in which price bands?
Magnolia has 964 homes for sale right now, which is about 5.1 months of supply at the recent pace of sales.
Read answerHow long does it take to sell a home in Magnolia?
In Magnolia, homes that sold in the last 12 months averaged between 75 and 119 cumulative days on the market, depending on the month, and the 961 homes for sale now have been listed for an average of…
Read answerIs Magnolia a buyer's market or a seller's market?
By months of inventory, Magnolia is a balanced market right now: 5.1 months of supply, with 964 homes for sale against 1,193 sales in the last six months.
Read answerHow many homes sell in Magnolia each month?
About 2,317 homes closed in Magnolia in the 12 months to August 2026, an average of 193 a month, with 232 in May the busiest month and 135 in January the quietest.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.