Teravista Homes Are Getting Smaller in Late 2026

Are buyers in Teravista getting less square footage for their money? The data suggests a clear shift toward smaller homes. Over the rolling six months ending October 31, 2026, the median living area for closed sales dropped to 2,386 square feet, down 5.8% from the prior six-month period and 8.4% lower than the same window a year ago when homes averaged 2,604 square feet. ALEX Intelligence analyzed 57 closed sales in Teravista to track this size trend. While the median sale price remained relatively stable at $444,000, the reduction in living space indicates a change in buyer preference or inventory mix. The median price per square foot rose slightly to $186.64, suggesting that buyers are paying a premium for more compact floor plans compared to the larger homes seen previously. This contraction in home size contrasts with broader regional trends where average sizes often remain flat or grow. In Teravista, the shift is distinct: fewer large lots and smaller footprints are defining the current market. With 57 sales recorded over six months, this pattern appears consistent rather than an anomaly. As inventory continues to evolve, prospective buyers should expect a higher density of homes in the 2,000 to 2,400 square foot range compared to the larger properties that dominated the market just two years ago. 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