Cedar Creek Market Recap: Prices Dip as Sales Slow in Rolling Six Months

Cedar Creek saw its median home price drop to $369,990 in the rolling six months ending September 30, 2026, down 2.0% from the prior six-month period and 10.7% lower than the same window a year ago. This analysis covers 107 closed sales across the city, providing a clear view of current market conditions compared to historical trends. While prices softened, homes are selling faster than they did in the previous half-year. The median days on market fell to 66 days, a 42.1% improvement over the prior period, though still 50% higher than the same time last year when properties sold in just 44 days. Buyers and sellers are negotiating closer to list price now; the median close-to-original list ratio rose to 90.8%, up from 87% previously, even as it remains below the 95.5% seen a year ago. The market also saw a shift in buyer composition. A higher share of sales closed below the original list price this period (89.7%) compared to last year (76.8%), indicating increased negotiation leverage for buyers. New construction activity remained robust, accounting for 56 of the 107 closings. With 110 active listings and a 6.06-month supply of inventory, the market remains balanced but leans slightly toward buyer conditions as price adjustments become more common. ALEX Intelligence analyzed these rolling six-month figures to summarize the current state of Cedar Creek real estate, highlighting the interplay between pricing, speed of sale, and negotiation dynamics for local buyers and sellers. 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