Georgetown Market Heat Score: What the Data Says in October

How does a city with nearly 200 closed sales last month feel to a buyer or seller? ALEX Intelligence calculated a composite Market Heat Score for Georgetown in October by weighing four key indicators: median days on market, the close-to-original list ratio, inventory levels, and the share of listings with price cuts. The resulting score indicates a balanced but cooling market where buyers have more leverage than sellers. The score reflects a distinct shift in momentum. Median days on market dropped to 51 days from 64 days in September, a change of -20.3% that suggests homes are moving faster now than last month. However, the median close-to-original list ratio held steady at 93.9%, and 86% of sales still closed below the original asking price. This combination signals that while speed is improving, price negotiations remain active. Inventory remains a critical factor in this score. With 1,201 active listings and 4.36 months of supply, Georgetown sits firmly in balanced territory rather than a seller's or buyer's market. The share of homes selling below list price has also ticked down slightly compared to last year, but the overall picture is one of normalization after a period of rapid change. The score weights these factors equally: equal points for speed (DOM), pricing power (sale ratio), supply balance (months of inventory), and price reduction frequency. A score below 50 generally favors buyers, while scores above 50 favor sellers. Georgetown's current reading suggests a market where patience and realistic pricing are the primary keys to success. 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