Sunset Oaks Market Heat Score: A Balanced View

What does a Market Heat Score of 58 mean for buyers and sellers in Sunset Oaks? This composite index blends four key indicators—median days on market, sale-to-list price ratio, inventory levels, and price reduction frequency—to gauge whether the local market favors buyers or sellers. ALEX Intelligence calculated this score using data from 42 closed sales over the last six months. The median home sold for $270,613, a 9.1% increase compared to the same period last year. Crucially, homes are selling much faster now; the median time on market dropped 60.9% from the prior six-month window to just 18 days. The data also shows improved negotiation outcomes. The median close-to-original list ratio rose 6.5% compared to the previous period, reaching 98.6%. Simultaneously, the share of homes selling below original list price fell 21.5 percentage points, indicating fewer sellers are forced to cut prices to move inventory. However, supply remains a factor. With 61 active listings and 42 sales over six months, the market holds 8.71 months of inventory. This level suggests a balanced environment where neither side has overwhelming leverage, despite the rapid sales velocity. The score reflects a market that is warming up but still requires strategic pricing to achieve quick results. Want to see this home? Call or text George at 713.918.9951 for a private 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