Manor Market Heat Score: Cooling Trends in September

How does a market shift from balanced to cooling? In Manor, the ALEX Intelligence Market Heat Score calculation reveals a distinct slowdown in September. The composite index combines four key metrics: median days on market, sale-to-list price ratio, inventory levels, and listing price reductions. The data shows a sharp change in momentum. Median days on market rose to 94 days across 35 closed sales, up 96% from the prior month and 92% higher than September 2025. Simultaneously, the median close-to-original list ratio dropped to 90.9%, with 86% of homes selling below their original asking price. This indicates buyers now have significantly more leverage than they did a year ago. Inventory levels also shifted, with months of supply reaching 5.9 based on current active listings and recent sales velocity. While the median price of $312,000 remains stable compared to August, the year-over-year decline of 8.9% suggests a correction in value. The ALEX Intelligence model weights these factors equally to generate a heat score that reflects this transition from a seller-favorable environment to one where buyers can negotiate more effectively. For sellers, the data suggests patience is now required. For buyers, the extended time on market and reduced sale ratios present opportunities to secure homes at lower price points than seen in recent years. The shift is driven by increased supply and changing buyer behavior rather than a collapse in demand. 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