Salado Market Heat Score: A Balanced Signal in October

Is Salado heating up or cooling down? The ALEX Intelligence Market Heat Score synthesizes four key indicators—median days on market, sale-to-list ratio, inventory levels, and price reductions—to answer that question. For the rolling six months ending September 30, 2026, the score indicates a balanced market where neither buyers nor sellers hold a distinct advantage. The composite index weighs median days on market (64 days), the close-to-original list ratio (94.9%), active inventory (3.24 months of supply), and the share of sales below original list price (78.9%). A score in this range suggests that while homes are selling, they are taking longer to move than in previous years, and nearly eight out of ten transactions closed for less than the initial asking price. Compared to the prior six-month period, the median days on market dropped by 17.9%, yet it remains 18.5% higher than the same window last year. The median sale price fell 4.2% to $498,000 across 123 closed sales, while the price per square foot rose slightly by 2.0% to $207. This divergence suggests that smaller homes or those with specific features are holding value better than larger properties in the current environment. The ALEX Intelligence estimate for this heat score is based on a weighted algorithm applied to these four metrics, calibrated against regional benchmarks. With 67 active listings and 123 closed sales over the period, the market shows resilience but requires patience from both sides. Buyers may find more negotiating room, while sellers should price competitively to avoid extended time on the market. https://alex.realestate/market/salado Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Coverage: most home sales in Salado are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. 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