Buda Market Heat Score: Inventory Rises in October

What does a median price of $345,170 with 70 days on market mean for Buda buyers this month? The ALEX Intelligence Market Heat Score combines four key metrics to answer that question: median days on market, the close-to-list price ratio, inventory levels, and the share of listings with price cuts. In October, the market showed signs of cooling compared to September. Median days on market rose 52% from the prior month to 70 days, while the share of homes selling below original list dropped slightly to 80%. The median close-to-list ratio improved to 96.2%, indicating buyers are negotiating closer to asking prices than in previous months. With 433 active listings and 60 closed sales, the market now holds 5.03 months of inventory, a level that suggests a shift toward balanced conditions rather than a tight seller's market. The composite Heat Score for Buda reflects this transition. While prices remain elevated with a 4.4% year-over-year increase to $345,170, the extended time on market signals that buyers have more leverage. The score weighs these factors equally: slower sales velocity reduces the heat index, while stable pricing and moderate inventory cuts prevent a sharp decline. This data-driven assessment helps distinguish between a cooling market and one simply normalizing after a period of high demand. ALEX Intelligence estimates this Heat Score based on the October 2026 performance window using standard weighting for velocity, price retention, supply, and concessions. The result provides a single number to track market momentum without relying on subjective impressions. 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