Bastrop County Market Heat Score: Cooling in October

Bastrop County's market heat has cooled noticeably in October, with homes taking an average of 92 days to sell compared to 74 days in September. This 24% increase in median days on market signals a shift toward more balanced conditions after a period of faster sales. The ALEX Intelligence composite index, which weighs speed of sale, list-to-sale ratios, and inventory levels, reflects this deceleration as the region absorbs new supply. With 702 active listings and 78 closed sales in October, the market now holds approximately 6.3 months of inventory. This level suggests a transition from a seller-favorable environment toward balance, where buyers have more selection and sellers face longer marketing times. The median sale price settled at $349,750, down 2.2% from the prior month but up 3.2% compared to October of last year. The heat score calculation incorporates these dynamics: slower turnover reduces the speed component, while the stable price performance and moderate inventory levels prevent a sharp drop in the overall index. Buyers entering the market now face less competition for individual properties, though financing costs at 7.24% remain a factor. Sellers should anticipate longer listing durations and may need to adjust expectations regarding time on market and final sale prices relative to original list prices. The ALEX Intelligence estimate of the current heat score reflects these combined factors, providing a data-driven gauge of local market momentum rather than a prediction of future direction. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. 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