Salado Market Recap: Sales Up, Prices Down in Rolling Six Months

Salado saw a notable shift in activity over the past six months, with closed sales rising to 123 from 55 in the prior period and 105 at this time last year. Despite the increase in volume, the median closing price settled at $498,000, reflecting a 4.2% decline from the previous six-month window and a 5.3% drop compared to the same period last year. ALEX Intelligence analyzed the data to highlight that while homes are selling more frequently, they are doing so at lower price points. The median days on market increased to 64 days, up 18.5% from last year, indicating a slightly slower pace of movement despite higher sales counts. Additionally, 78.9% of closed sales sold below their original list price, a figure that has improved slightly compared to the prior period but remains high relative to last year. New construction activity remained robust, accounting for 71 of the 123 closed sales. The median living area for these homes was 2,619 square feet. With 67 active listings currently on the market, the area holds approximately 3.24 months of inventory, suggesting a balanced market environment where buyers have options but sellers still retain leverage. The data reflects a market adjusting to current conditions, with price per square foot rising slightly to $207 while overall prices retreat. This combination of higher sales volume and lower median prices defines the current Salado landscape for both buyers and sellers. Want to see this home? Call or text George at 713.918.9951 for a private 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