Hays County Market Heat Score: What the Data Says in August

Is the Hays County market cooling or simply normalizing after a busy summer? The ALEX Intelligence Market Heat Score for August 2026 stands at 62 out of 100, indicating a balanced market leaning slightly toward buyers. This composite index weighs four key factors: days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. In August, 395 homes closed with a median price of $355,050, down 2.5% from the same month last year. The median days on market held steady at 49 days, matching July but rising 8.9% compared to August 2025. While properties are taking slightly longer to sell, the pace has not accelerated into a buyer's frenzy. Price negotiation power remains tight. The median close-to-original list ratio was 94.8%, just 0.2% higher than in July but still below the 100% mark seen in hotter periods. Furthermore, 87.6% of sales closed below the original asking price, a figure that has risen 4.3% since last month and 1.3% year-over-year. Inventory sits at 4.83 months, calculated from 1,926 active listings against the monthly closing rate. This level suggests a transition where supply is growing faster than demand, preventing rapid price appreciation. The score reflects a market that is no longer a seller's stronghold but has not yet tipped fully into a buyer's advantage. ALEX Intelligence calculates this heat score by assigning equal weight to the four metrics above, normalizing them against historical baselines for Hays County. A score of 62 signals that buyers have more leverage than in previous years, while sellers must price competitively to move inventory quickly. 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