La Cima vs. Neighbors: A Market Comparison for October

La Cima is currently trading at a premium compared to its neighbors, with median closed prices reaching $482,110 across 43 sales in the last six months. This figure represents a 20.3% increase from the prior six-month period and sits 3.4% above the same window last year. While the broader region saw a median price of $407,250 and Hays County at $372,495, La Cima buyers are paying significantly more per square foot as well, with a median of $195 compared to $204 for the region and $185 for Hays County. ALEX Intelligence analyzed the supply dynamics to determine how this market compares to its peers. The area currently holds 8.13 months of inventory, indicating a buyer-favorable environment where homes take longer to sell. The median days on market in La Cima is 71 days, which is notably higher than the 56-day average seen in both the broader region and Hays County. This suggests that while prices remain elevated, buyers have more time to negotiate than they do elsewhere. The price-to-list ratio tells a similar story of shifting leverage. In La Cima, homes sold for 93.5% of their original list price on average, a slight improvement over the prior period but still below the 94.1% seen in the region and the 94.4% in Hays County. Additionally, 86% of sales in La Cima closed below the original asking price, compared to 83.5% in the region and 85.4% in Hays County. These metrics confirm that while La Cima commands higher absolute prices, the pace of sales and negotiation leverage aligns more closely with a balanced-to-buyer market than the tighter conditions found in neighboring areas. 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