Bastrop Market Heat Score: Activity vs. Price in October

What does a median price rise of just 1% alongside a 44% jump in days on market tell us about the current Bastrop market? The answer lies in the ALEX Intelligence Market Heat Score, a composite index that weighs speed of sale, price ratio, inventory levels, and listing reductions to gauge local momentum. In October 2026, the score for Bastrop dropped significantly compared to recent trends. While the median close price held steady at $366,101 across 47 closed sales, homes sat on the market much longer, with median days on market rising to 95 days from 66 days in September. This slowdown is reflected in the score components: a 43.9% increase in time to sell and a slight dip in the close-to-original list ratio to 0.931. The ALEX Intelligence model assigns weights to these factors to produce a single number between 0 and 100. A higher score indicates a faster, more competitive market, while a lower score signals slowing demand or increased inventory pressure. With 5.54 months of inventory currently available and 83% of homes selling below their original list price, the current heat score reflects a cooling environment where buyers have more negotiating power than sellers. This data-driven assessment helps distinguish between price stability and market velocity. While prices remain resilient compared to last year, the extended time on market suggests that the pace of transactions has slowed considerably, shifting the balance toward a more balanced or buyer-favorable condition depending on specific neighborhoods. ALEX Intelligence estimate, not an appraisal. 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