Cedar Creek Market Heat Score: Speed vs. Price in Oct

How fast is Cedar Creek selling compared to last year? The median days on market has dropped by 42.1% to 66 days over the trailing six months, even as the median sale price fell 10.7% to $369,990. ALEX Intelligence calculated a Market Heat Score for Cedar Creek using a composite index that weights speed of sale, list-to-sale ratio, and inventory levels. This score reflects a balanced market where homes are moving faster than the prior period but prices remain below last year's peaks. The median close-to-original-list ratio improved to 90.8%, up from 87% in the prior six-month window, indicating sellers are recovering some pricing power despite lower final sale prices. Inventory remains steady with 110 active listings and a months of supply reading of 6.06. While the market is not yet a seller's market, the significant reduction in time on market suggests increased buyer urgency. The median price per square foot sits at $182, down slightly from the prior period but still reflecting the lower overall price point compared to the same time last year when the median was $414,434. The heat score integrates these moving parts: faster sales and improved negotiation ratios offset by a 10.7% drop in median price and a 6-month supply level that favors neither side exclusively. For buyers, this indicates a window where competition is easing but speed remains a factor. For sellers, the data suggests pricing must align with current valuations to achieve the observed 66-day average time on market. Want to see this home? Call or text George at 713.918.9951 for a private 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