Teravista Market Heat Score: What the Data Says

Is a market cooling or just shifting? In Teravista, the ALEX Intelligence Market Heat Score blends four key indicators to show whether conditions favor buyers, sellers, or a balance between them. This composite index uses median days on market, sale-to-list ratios, inventory levels, and price reduction activity to generate a single metric without relying on subjective sentiment. Over the rolling six months ending October 31, 2026, 57 homes closed at a median price of $445,000. The average home spent 32 days on market, up 10.3% from the prior period but down 11.1% compared to the same window last year. Meanwhile, the median close-to-original list ratio dropped to 94.6%, and 84.2% of sales closed below the original asking price, a significant shift in negotiation leverage. Inventory now stands at 4.84 months, suggesting a gradual move toward buyer-friendly conditions after a tighter market earlier in the year. The score reflects this transition: homes are selling slightly slower than last year, yet prices remain resilient compared to broader regional trends where median days on market stretch to 57 days. ALEX Intelligence weights these factors equally to generate the heat score, providing a single metric that captures the current pulse of Teravista without relying on subjective sentiment or future predictions. 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