Cedar Creek Market Heat Score: Speed and Price Shifts

Cedar Creek is showing a distinct shift in market dynamics over the last six months. The ALEX Intelligence Market Heat Score combines speed of sale, price ratios, and inventory levels to gauge current conditions. In this rolling window ending October 31, 2026, the median closed price settled at $372,500, down 9.1% from the same period last year when it stood at $410,000. Speed of sale has slowed considerably compared to twelve months ago. The median days on market rose to 66 days, a 46.7% increase over the prior year's 45 days. However, this represents a significant improvement in speed compared to the previous six-month period where homes sat for 135 days. Buyers are negotiating more aggressively; the median close-to-original list ratio improved to 90.8%, yet 91.2% of sales still closed below the original asking price, a significant shift from last year when only 78.2% did so. Inventory levels remain steady with 102 active listings against 102 closed sales over the period, creating a balanced environment. The market heat score reflects this transition: while pricing pressure has eased compared to the previous half-year, the pace of transactions has not yet returned to the rapid turnover seen in late 2024 or early 2025. This composite view indicates a market that is stabilizing but remains cautious, with buyers holding more leverage regarding price and time on market than they did a year ago. 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