Davenport Ranch Market Heat Score Analysis

What does a Market Heat Score of zero mean for Davenport Ranch when the data shows a distinct shift in buyer behavior? The assigned analysis requires a composite score derived from specific weights on days on market, sale ratios, inventory levels, and price reductions. While the raw components for this calculation exist in the dataset, the specific scoring algorithm and weightings are not provided in the current data block to generate a single index number between 0 and 100. However, the underlying metrics reveal a clear picture of market dynamics over the rolling 12 months ending October 31, 2026. Median closed prices climbed 22.4% compared to the prior period and the same window last year, reaching $2,230,000 across 22 sales. The median price per square foot also increased by 6.8% to $523.88, reflecting a significant appreciation in value for this high-end segment. Inventory conditions have tightened considerably, with only three active listings remaining today and a calculated months of inventory of 1.29. This low supply level typically indicates a seller-favorable environment, yet the pace of sales has slowed. Median days on market extended by 59.4% to 102 days, suggesting that while prices remain high, properties are taking longer to move than in previous periods. The relationship between list and sale prices also shifted slightly. The median close-to-original list ratio improved by 1.4% to 0.916, though nearly all sales (100%) closed below the original asking price. This combination of rising prices, extended marketing times, and high inventory turnover constraints defines the current market heat for Davenport Ranch without a single composite score. Want these numbers for your street? Email [email protected]. Based on 22 closed sales in the 12 months ending Oct 31, 2026. 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