Lakeside at Tessera Market Heat Score: 35/100

How does a market with 8.8 months of inventory feel for buyers and sellers? In Lakeside at Tessera, the ALEX Intelligence Market Heat Score sits at 35 out of 100, indicating a distinct shift toward buyer conditions over the past six months. This composite index weighs four key factors: median days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. The data reveals significant softening compared to last year. Median closed prices fell 17.8% to $410,000 across 17 sales, while homes now sit on the market for an average of 131 days, a 35.1% increase from the same period last year. Although the median close-to-original list ratio improved slightly to 94%, nearly 82% of homes sold below their original asking price. Inventory has accumulated to 25 active listings, creating an 8.8-month supply that favors buyers in terms of selection and negotiation leverage. The heat score reflects this balance: high inventory and extended marketing times drag the index down, even as price cuts become slightly less aggressive than six months ago. This analysis is based on a rolling six-month window ending October 31, 2026, covering single-family homes, condos, and townhomes. ALEX Intelligence calculates this score by normalizing each metric against historical baselines to produce a single indicator of market temperature. A score below 40 suggests ample choice for buyers and reduced urgency for sellers, while scores above 60 typically signal competitive conditions. In Lakeside at Tessera, the current reading confirms a market where patience is rewarded and pricing strategy remains critical. 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