South Central Austin Market Heat Score for October

How fast is the South Central Austin market moving compared to last year? The ALEX Intelligence Market Heat Score for October 2026 stands at 58 out of 100, indicating a balanced environment that leans slightly toward buyers. This composite index blends four key metrics: days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. In October, homes sold significantly faster than in the same month a year ago, with median days on market dropping 59.5% to just 32 days. However, pricing power has softened; the median close price fell 24.8% year-over-year to $503,700, and the share of homes selling below original list price rose to 87.9%. Inventory remains elevated with 5.19 months of supply, suggesting a steady pace rather than a frenzy. The ALEX Intelligence model weighs these factors equally to generate the score. While the speed of sales has improved dramatically compared to last October, the continued decline in median prices and high inventory levels prevent the market from reaching "hot" territory. For buyers, this balance offers more negotiation room; for sellers, it signals a need to price competitively to move quickly. The data reflects 66 closed sales in October 2026, with a median price of $503,700 and a median price per square foot of $356.09. Current mortgage rates are 7.18% as of the week of November 5, 2026. 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