Siena Market Pulse: Sales Jump as Prices Rise in October

Siena home sales surged in the second half of 2026, with 61 closed transactions recorded over the trailing six months compared to just 35 in the prior period. This 74% increase in activity coincided with a rise in median prices, which climbed 6.2% to $392,000. The market also saw homes sell significantly faster, with the median days on market dropping 46% to 27 days compared to the previous six-month window. ALEX Intelligence analyzed the pricing dynamics across these 61 sales to determine how close final offers landed to original asking prices. The median close-to-original list ratio improved to 0.969, indicating that buyers are paying closer to the initial price than in the prior period when the ratio was 0.951. Despite this improvement, 85% of homes still sold below their original list price, a share that increased by 14.7 percentage points compared to the prior six months. The average home size also grew during this period, with the median living area expanding 10.3% to 2,289 square feet. While prices per square foot dipped 6.5% to $168.82, likely reflecting the larger home sizes sold, the overall market momentum remains strong compared to the same window last year. The current inventory of 36 active listings suggests a balanced environment with roughly 3.5 months of supply. 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