Lakeside at Tessera Market Heat Score vs Neighbors

Lakeside at Tessera is currently experiencing a significant cooling trend compared to its broader region and the previous half-year. The ALEX Intelligence Market Heat Score for this community sits at 32 out of 100, calculated using weights for days on market, sale-to-list ratio, inventory levels, and price reductions. This score reflects a distinct shift from the seller-favorable conditions seen in prior years. Over the rolling six months ending September 30, 2026, median closed prices fell to $415,000, down 7.8% from the prior period and 17.9% lower than the same window last year. While the median price per square foot remained stable at $176, the time required to sell a home has increased significantly. The median days on market rose to 140 days, a 21.7% increase compared to the same period in 2025, indicating that properties are staying listed much longer. Inventory levels have also shifted, with 9.33 months of supply currently available based on recent sales velocity. This contrasts sharply with the regional benchmark, where the median days on market is just 56 days and prices remain higher at $407,250 for the broader Unlock MLS region. The combination of extended listing times and rising inventory suggests a buyer's environment where negotiation leverage has shifted away from sellers. ALEX Intelligence analyzed these metrics to determine that the current market conditions favor buyers who can afford to wait or negotiate on price, as homes are selling at 92.2% of their original list price compared to 82.0% in the prior period, though still below the 94.1% regional average. The data indicates a market in transition, moving away from the rapid sales cycles observed in previous years. Want these numbers for your street? Email [email protected]. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951