Santa Rita Ranch Market Heat Score for September

How does the Santa Rita Ranch market feel right now? The ALEX Intelligence Market Heat Score for September indicates a balanced but cooling environment where buyers have more leverage than sellers. This composite index weighs four key factors: median days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. In Santa Rita Ranch, homes sat on the market for a median of 94 days, up 4.4% from August and down 24.2% compared to September last year. While the faster pace from a year ago suggests some seasonal improvement, the current duration remains high relative to broader regional averages. The price dynamics tell a similar story. The median sale-to-original list ratio was 0.894, meaning homes sold for roughly 89.4% of their asking price on average. This represents a slight decline in negotiation power compared to the prior month and is lower than the 0.941 ratio seen across the wider Unlock MLS region. Furthermore, 94.3% of closed sales fell below the original list price, a significant increase from 85% in August, signaling that sellers are increasingly accepting lower offers to close deals. Inventory remains a key driver of this score. With 205 active listings and 35 closings in September, the market holds approximately 4.7 months of supply. This level of inventory pushes the heat score down from "seller's market" territory toward a balanced state, giving buyers time to evaluate options without facing intense bidding wars. The ALEX Intelligence Market Heat Score combines these metrics into a single gauge: scores above 60 typically indicate a seller's market, while scores below 40 suggest a buyer's market. At this level, Santa Rita Ranch is currently in a transitional phase where pricing discipline is being tested by the available supply. ALEX Intelligence estimate, not an appraisal. Want more detail on Santa Rita Ranch? Ask George for the full neighborhood report. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951