Kyle Market Heat Score: What the Data Says in October

Kyle's market conditions for September 2026 reflect a balanced environment leaning slightly toward buyers. This assessment combines four key metrics: median days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. A score near the midpoint suggests equilibrium between supply and demand, while lower values typically signal buyer leverage and higher values indicate seller advantage. The data reveals a cooling trend compared to the prior month. Median days on market rose 1.8% to 56 days across 91 closed sales, while the median sale-to-list ratio dropped 0.9% to 94.6%. With 4.51 months of inventory currently available, homes are taking longer to sell than in a tight seller's market where inventory usually sits below three months. Additionally, 86.8% of homes sold below their original list price, a figure that has increased slightly year-over-year. ALEX Intelligence calculated this heat assessment by weighting these four factors equally: days on market (25%), sale-to-list ratio (25%), months of inventory (25%), and the percentage of listings with price cuts (25%). The current mortgage rate of 7.24% continues to influence buyer behavior, contributing to the extended time on market. While sales volume dropped 41.3% from August, the median price fell 7.4% to $299,999, reflecting a correction rather than a crash. This assessment helps buyers and sellers gauge realistic expectations. A score in this range suggests that while competition exists, it is not intense enough to drive prices up rapidly. Sellers should price competitively from the start, as nearly nine out of ten homes are now selling below list price. Buyers may find more negotiating power in this environment, particularly for properties listed over 60 days ago. The market remains active with 556 homes currently for sale, providing ample choice. However, the shift toward a buyer-favorable balance means patience is becoming a more valuable asset than speed. 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