Lakeside at Tessera Market Heat Score: A Deep Dive

What does a median days-on-market figure of 140 days mean for the Lakeside at Tessera market? In this rolling six-month window ending September 30, 2026, homes sat on the market significantly longer than in the same period last year. The ALEX Intelligence Market Heat Score synthesizes four key metrics—days on market, sale-to-list ratio, inventory levels, and price reductions—to quantify this dynamic. The composite score for Lakeside at Tessera stands at 32 out of 100, indicating a distinct shift toward buyer-favorable conditions. This calculation weighs the median days on market of 140 days, which is up 21.7% compared to the same window last year, heavily against the sale-to-list ratio of 92.2%. While the ratio has improved slightly from the prior period, it remains below the regional average of 94.1%, reflecting that 83.3% of closed sales sold below their original list price. Inventory pressure is a primary driver here, with months of supply reaching 8.67. This level suggests a surplus of active listings relative to the pace of closings. The median close price of $415,000 has declined 17.9% year-over-year and 7.8% from the prior six-month period. These figures, derived from 18 closed sales, signal that while transactions continue, the speed and premium pricing seen in previous years have cooled considerably. ALEX Intelligence estimates this heat score by normalizing each metric against historical baselines to produce a single index value. For buyers, this environment offers more negotiation leverage; for sellers, it underscores the need for realistic pricing strategies aligned with current market velocity rather than past peaks. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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