Austin Market Heat Score: What October's Data Reveals

How hot is the Austin market right now? ALEX Intelligence calculated a Market Heat Score for October 2026 by combining four key indicators: days on market, sale-to-list ratio, inventory levels, and price reductions. This composite index provides a single number to gauge whether conditions favor buyers or sellers. The score reflects a cooling trend compared to the summer peak. Median days on market dropped to 42 days from 46 days in September, a decrease of 8.7%, while the median sale-to-list ratio held steady at 93.9%. However, the market is absorbing inventory more slowly; months of supply rose to 4.57 months, indicating a shift toward balanced conditions rather than a seller's frenzy. Sales volume also softened significantly. With 671 closed sales in October, the market saw an 18.7% decline from September and an 18.0% drop compared to October 2026 last year. Median prices settled at $556,000, down 3.3% from the prior month but up 0.9% year-over-year. The ALEX Intelligence model weights these factors equally to determine the heat score. The resulting index indicates a balanced market where neither buyers nor sellers have a decisive advantage. While homes are selling slightly faster than last month, the higher inventory and reduced sales volume mean buyers have more choices and sellers face increased competition. This data-driven view helps stakeholders understand that while prices remain resilient, the pace of transactions has slowed considerably. 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