Leander Market Heat Score: Speed and Pricing Trends in September

Leander's market activity in September 2026 reflects a distinct shift toward faster sales and stronger pricing retention compared to the previous year. The composite market heat score for this period is derived from four primary data points: median days on market, the close-to-original list ratio, months of inventory, and the share of listings reduced. ALEX Intelligence constructed this assessment by analyzing 113 closed sales in September. The speed of sale has improved significantly, with the median days on market dropping to 46 days from 62 days a year ago, a change of -25.8%. This indicates that properties are moving through the market more quickly than they did in September 2025. Pricing power has also strengthened. The median close-to-original list ratio reached 0.953, up from 0.922 last year, a change of 3.4%. Concurrently, the share of homes selling below their original list price fell to 83.2%, down from 89.6% in the prior year period, a change of -7.1%. These figures suggest that sellers are retaining more of their asking price than they did twelve months ago. Supply conditions remain a moderating factor. With 632 active listings and 113 closed sales over the trailing month, the market holds 4.29 months of inventory. While this is below the six-month threshold often cited for a balanced market, it prevents the score from indicating an extreme seller's environment. The median sale price rose to $462,190, up 1.8% year-over-year, while mortgage rates stood at 7.32% as of late October. The data indicates a market where homes are selling faster and for higher relative prices, though inventory levels remain sufficient to prevent the most aggressive conditions seen in previous cycles. 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