Parkside on the River: October Market Recap and Outlook

The median home price in Parkside on the River rose 0.8% to $625,900 across 103 closed sales in the rolling six months ending October 31, 2026. This marks a slight increase from the same period last year, even as the number of homes sold dropped compared to the prior six-month window. Sales activity slowed significantly compared to the previous half-year, with 103 closings versus 85 in the prior period, though this represents a recovery from the low point of 9 sales seen in early 2026. The market remains active with new construction accounting for 93 of those 103 closings, indicating that most transactions involved homes built within the last two years. Days on market improved notably, dropping 34.1% to a median of 87 days compared to the prior period, though this remains higher than the 54-day regional average. The share of homes selling below original list price fell to 75.7%, suggesting buyers are becoming more competitive as inventory tightens. ALEX Intelligence analyzed the pricing trends across 103 transactions to determine that while prices have stabilized, the market is still adjusting to higher mortgage rates. With a median close-to-original list ratio of 90.2%, sellers are receiving slightly less than their asking price on average. The current inventory level stands at 4.78 months, indicating a balanced market where neither buyers nor sellers hold a distinct advantage. Looking ahead, the data suggests continued stability in pricing with a slight upward trend in value per square foot, which rose 2.7% to $227. Homes are selling faster than they did six months ago, but the pace remains slower than the broader region. Buyers should expect to negotiate on price, as nearly three-quarters of homes still sold below the original list price during this period. 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