Lariat Market Recap: Sales Up, Prices Down in Rolling Six Months

What does it mean for Lariat when sales volume rises but median prices fall? In the rolling six months ending October 31, 2026, the market recorded 110 closed sales of single-family homes. The median close price settled at $443,594, which is down 0.7% from the previous six months and 6.1% lower than the same period in 2025. ALEX Intelligence analyzed the data to show that while prices softened, market velocity improved significantly. Homes sold faster, with median days on market dropping to 70 days, a 28.6% decrease from the prior six months and 7.9% fewer than last year. The share of homes selling below original list price was 90%, up 37.6% from the same period last year, indicating that buyers have more leverage in negotiations today. New construction remains a dominant force, accounting for 69 of the 110 closed sales. The median living area was 2,581 square feet, slightly smaller than the prior period. With 100 active listings and 110 closings over six months, the market holds 5.45 months of inventory, suggesting a balanced environment where supply is catching up to demand. Current mortgage rates stand at 7.18% according to Freddie Mac data from the week of November 5, 2026. For a buyer purchasing at the median price with a 20% down payment, a 3-2-1 buydown would cost approximately $16,416, reducing the initial interest rate to 4.18% for the first year. This data reflects actual transaction activity and does not predict future market direction. 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