Siena Market Recap: Sales Surge as Prices Hold Steady

How does a market where 61 homes sold in six months compare to the year before? In Siena, the median close price reached $392,000 across those 61 closed sales, representing a 6.2% increase from the prior six-month period, though it remains 4.1% below the same window last year. ALEX Intelligence analyzed the rolling six months of data to show that while prices have softened compared to late 2025, the pace of activity has accelerated significantly. The median days on market dropped to 27 days, a 46.0% improvement over the prior period and nearly half the time it took last year. This indicates that homes are moving faster now than they did in the previous six months or during the same timeframe in 2025. The data also reveals a shift in negotiation dynamics. The median close-to-original list ratio rose to 96.9%, up from 95.1% previously, suggesting buyers are offering closer to asking prices. However, 85.2% of homes still sold below their original list price, a figure that has increased by 14.7 percentage points compared to the prior period. New construction activity remains absent in this specific window, with zero new-construction closings recorded. The median home size grew to 2,289 square feet, up 10.3% from the prior six months, while the price per square foot fell to $168.82, down 6.5% from the previous period. With 36 active listings and 3.54 months of inventory, the market remains in a balanced state, though the rapid turnover suggests strong demand for available stock. 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