Lariat Market Pulse: Prices Dip as Sales Speed Up

What does a 6.1% drop in median prices mean for buyers and sellers in Lariat right now? The data from the rolling six months ending October 31, 2026, shows a distinct shift where homes are selling faster even as values adjust downward compared to last year. Across 110 closed sales, the median close price settled at $443,594, down from $472,250 during the same period last year. This represents a 6.1% decline year-over-year and a slight 0.7% dip compared to the prior six-month window. Despite lower prices, market velocity has improved significantly; the median days on market dropped to 70 days, down from 98 days in the prior period. Buyers are also seeing more favorable terms. The median close-to-original list ratio rose to 0.917, up 4.6% from the prior period, indicating homes are closing closer to their original asking prices than they did six months ago. However, 90% of sales still closed below the original list price, a figure that is 37.6% higher year-over-year as sellers adjust expectations. The median price per square foot currently stands at $178.17, up 1.4% from the prior period but down 6.2% from last year. With 101 active listings and a months of inventory reading of 5.51, the market remains in a balanced state where supply meets demand without extreme pressure on either side. ALEX Intelligence analyzed these KPIs to provide a clear snapshot of current conditions. The data reflects a market that is correcting prices while maintaining steady transaction volume. 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