Cedar Park Market Heat Score: Cooling in September

Cedar Park's market heat score has slipped to 42 out of 100, signaling a distinct shift from the seller-favorable conditions seen earlier in the year. This composite index, calculated by ALEX Intelligence using weighted factors for days on market, sale-to-list ratio, inventory levels, and price reductions, reflects how quickly homes are moving relative to current supply. In September 2026, the median days on market rose to 51 days, a 50% increase compared to the prior month's 34 days. This slowdown coincided with a 12.6% drop in median closed prices to $436,969 from $500,000 in August. The share of homes selling below original list price also climbed to 85.7%, up from 81.9% previously, indicating that buyers now have more leverage in negotiations. Despite the cooling trend, the market remains active with 197 active listings and a months-of-inventory reading of 2.5 months. While this is higher than the tight inventory seen in spring, it has not yet reached the levels typical of a buyer's market. The median price per square foot also declined by 3.7% to $209, aligning with broader regional trends where prices softened across Williamson County and the Unlock MLS region. The ALEX Intelligence Market Heat Score aggregates these dynamics into a single gauge. A score below 50 suggests that while transactions are occurring, the pace has slowed significantly compared to the previous month. Buyers may find more negotiating room, while sellers should anticipate longer listing periods and potential price adjustments to close deals in this September environment. 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