Dripping Springs Market Heat Score: What the Data Shows

Is the Dripping Springs market cooling or holding steady? The ALEX Intelligence Market Heat Score for September 2026 is 62 out of 100, indicating a balanced market leaning slightly toward sellers. This composite index combines four key metrics: median days on market, sale-to-list price ratio, months of inventory, and the share of listings with price reductions. The score reflects a shift in momentum compared to last year. Median days on market rose to 58 days, an 18.4% increase from the same period last year when homes sold in 49 days. Simultaneously, the median close-to-original list ratio dipped slightly to 0.938, meaning sellers are accepting offers closer to their original asking prices than before. Inventory has also expanded, with 253 active listings creating a months-of-supply figure of 4.41, which is higher than the tight conditions seen in previous years. Despite these shifts, price resilience remains evident. The median sale price settled at $562,500, down 6.2% from September 2025 but still reflecting a market where nearly half of all sales occurred below the original list price. The ALEX Intelligence model weights these factors equally to generate the heat score, providing a single number that summarizes whether conditions favor buyers or sellers. Current mortgage rates stand at 7.4%, according to the Freddie Mac Primary Mortgage Market Survey for the week ending October 8, 2026. This rate environment continues to influence buyer purchasing power and transaction velocity. The data suggests that while the market is no longer in a rapid seller's phase, it has not yet tipped into a buyer's market where prices fall significantly. ALEX Intelligence estimate, not an appraisal. Want these numbers for your street? Email [email protected]. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951