Northwest Austin Market Heat Score: October 2026

What does a median price drop of 13.6% mean for the market heat in Northwest Austin? The ALEX Intelligence Market Heat Score combines four key metrics—median days on market, sale-to-list ratio, inventory levels, and price reductions—to gauge current conditions. In October 2026, the score reflects a distinct shift from the previous month as activity cooled significantly. The composite index relies on median days on market of 50 days, down slightly from 52 days in September. The sale-to-list ratio settled at 93.8%, indicating that 87.5% of homes sold below their original asking price. This represents a 5.3% increase in the share of homes selling under list compared to September, signaling stronger buyer leverage. Inventory pressure is evident with 434 active listings and a months-of-supply reading of 3.29 months. While not yet a buyer's market by traditional definition (typically above 6 months), the rise from prior levels suggests a transition toward balance. The heat score calculation weights these factors to show that while prices remain elevated at $538,523, the pace of sales has slowed enough to reduce competitive pressure. This data-driven assessment helps buyers and sellers understand that October in Northwest Austin is characterized by increased negotiation room rather than bidding wars. The market remains active with 75 closed sales, but the momentum has shifted from a seller-favorable environment toward one where patience yields better results. ALEX Intelligence estimate, not an appraisal. 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