Northwest Hills Market Heat Score: A Data-Driven View

What does a market heat score actually measure for Northwest Hills? It combines four key indicators—days on market, sale-to-list ratio, inventory levels, and price reductions—into a single gauge of buyer and seller dynamics. ALEX Intelligence calculated this composite index using the rolling 12-month data ending October 31, 2026. The current score reflects a market where homes are selling relatively quickly but with some softening in price negotiation power. The median days on market stood at 23 days, up 21.1% from the prior period and the same time last year. This indicates properties are staying on the market slightly longer than before. Simultaneously, the median close-to-original list ratio was 96.4%, a slight increase of 0.5% compared to the previous window, suggesting sellers are holding their ground on price more effectively now than in the prior six months. Inventory remains tight with just 1.93 months of supply available today, calculated from the 43 closed sales over the trailing year against current active listings. This low inventory level typically supports seller leverage. However, the median sale price of $1,267,500 has decreased by 4.8% compared to the prior period and the same time last year, reflecting a cooling in valuation despite the fast turnover. The share of homes selling below original list was 74.4%, down slightly from 75% previously. ALEX Intelligence estimates this composite heat score based on these four pillars: market velocity (DOM), price realization (ratio), supply constraints (months of inventory), and negotiation intensity (reductions). While the score suggests a balanced to slightly seller-favorable environment due to low inventory, the price decline and extended days on market signal a shift from the peak activity seen in previous years. https://alex.realestate Want more detail on Northwest Hills, Austin? Ask George for the full neighborhood report. 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