Granite Shoals Market Heat Score: A Deep Dive into October Data

What does a median price of $565,000 mean when homes sit for an average of 124 days? In Granite Shoals, the market is moving at a measured pace despite significant price appreciation over the last year. ALEX Intelligence calculated a composite Market Heat Score by weighing four key indicators: median days on market, the close-to-original list ratio, inventory levels, and the share of listings with price reductions. This score synthesizes raw data into a single metric ranging from 0 to 100 to indicate current market conditions. The data reveals a distinct shift in buyer behavior. While the median closing price jumped 78.6% compared to the prior rolling period, the time required to sell a home increased by 4.2%. Only 91.8% of the original list price was achieved on average, and 92.6% of sales closed below the initial asking price. With 8.5 months of inventory currently available, supply is outpacing demand relative to historical norms. This combination of rising prices but slower turnover and lower sale-to-list ratios suggests a market that is cooling in terms of velocity, even as values climb. The heat score reflects this tension: buyers have more leverage to negotiate, yet the underlying asset value continues to rise. This analysis relies on 54 closed sales over the trailing 12 months, providing a stable view of the local single-family home market. 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