Maxwell Market Heat Score: Cooling Prices, Faster Sales

How fast is Maxwell selling when prices are dropping? The market shows a distinct shift in the last six months, with homes moving significantly quicker even as values retreat. ALEX Intelligence calculated a composite Market Heat Score for Maxwell using four key indicators: median days on market, sale-to-list ratio, inventory levels, and price reduction frequency. This score synthesizes activity into a single 0–100 gauge to show whether conditions favor buyers or sellers. The current score reflects a transition where speed is increasing despite lower prices. Median days on market fell from 60 days to 43 days across 107 closed sales, a change of -28.3% compared to the prior six-month period. This acceleration suggests buyers are acting faster than in the previous half-year. However, the median close price fell 3.6% to $229,900, and the share of homes selling below original list dropped 13.2%, indicating that while deals are closing quicker, sellers are still negotiating down from their initial asks. Inventory remains at 6.22 months, a level typically associated with a balanced market, though slightly leaning toward buyers given the price softness. The median price per square foot also declined 6.6% to $142, showing that value is adjusting downward across the board. While the heat score indicates improved velocity, the broader picture points to a cooling price environment where speed is the primary driver of activity rather than bidding wars. This analysis relies on data from 107 closed sales over the rolling six months ending September 30, 2026. The composite index weights days on market, sale-to-list ratio, inventory turnover, and reduction rates equally to determine the current heat level. 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