Morningstar Market Heat Score: What the Data Shows

Is the Morningstar market cooling down? The latest data suggests a shift toward balance after a period of intense activity. Over the rolling six months ending September 30, 2026, ALEX Intelligence calculated a Market Heat Score of 52 out of 100 for this community. This composite index weighs days on market, sale-to-list ratios, inventory levels, and price reductions to gauge current conditions. The score reflects a distinct change from the prior six-month period. Median days on market dropped significantly by 61.6% compared to the previous window, falling to 38 days, while the median close-to-original list ratio improved by 5.1% to 95.4%. However, this speed comes alongside a cooling in price momentum. The median closed price fell 4.9% from the prior period and is down 3.5% compared to the same window last year. Current inventory stands at 6.71 months of supply, indicating a transition toward a more balanced environment where buyers have more options than sellers. While 88.2% of homes sold below their original list price, the gap between asking and selling prices has narrowed. With a median sale price of $342,500 across 34 closed sales, the market is showing signs of stabilization rather than rapid appreciation or decline. ALEX Intelligence estimates this heat score based on the weighted combination of these key performance indicators to provide a clear snapshot of local demand and supply dynamics. The data reflects real-time activity without projecting future trends. 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