Dripping Springs Market Heat Score: October 2026

How fast is Dripping Springs selling compared to the rest of the region? The ALEX Intelligence Market Heat Score combines days on market, sale-to-list ratio, inventory levels, and price reductions into a single index from 0 to 100. For October 2026, the score for Dripping Springs is 38, indicating a balanced market leaning slightly toward buyers. This score reflects significant shifts in activity over the last month. Median days on market dropped to 44 days, down 27.9% from September and 38.9% compared to October 2025. Homes are selling faster than they were a year ago, even as prices adjust. The median close price settled at $545,000, which is 19.3% lower than the same month last year but only 2.9% below September's figure. Inventory remains tight with 4.25 months of supply available today. While 90.2% of homes sold below their original list price, the close-to-list ratio improved to 95.5%, showing that buyers are negotiating closer to asking prices than in previous months. The score weights these factors equally: speed of sale, price retention, and supply depth. Current mortgage rates stand at 7.18% per the Freddie Mac Primary Mortgage Market Survey for the week ending November 5, 2026. This rate environment influences buyer purchasing power and contributes to the current balance between supply and demand in the Dripping Springs market. ALEX Intelligence estimate, not an appraisal. 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