Dripping Springs New Listings vs. Closings: The Supply Gap

Deal of the Week

Deal of the Week · 10103 Twin Lake LOOP, Dripping Springs TX 78620 · MLS #7806279 · Listed by eXp Realty, LLC. ALEX valuation $453,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $461,000 10103 Twin Lake LOOP, Dripping Springs TX 78620 · MLS #7806279 Listed at $449,900, 3 bed, 2.5 bath, 1,935 sq ft. Listed 1% below the ALEX valuation; 5% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183155704/10103-Twin-Lake-LOOP-Dripping-Springs-TX Lower-middle quartile: $461,000 to $606,000 236 Jagged Iron TRCE, Dripping Springs TX 78620 · MLS #6968777 Listed at $569,000, 4 bed, 3 bath, 2,552 sq ft. Listed 3% below the ALEX valuation; 8% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189314692/236-Jagged-Iron-TRCE-Dripping-Springs-TX Upper-middle quartile: $606,000 to $834,000 204 Deer Creek CIR, Dripping Springs TX 78620 · MLS #9020773 Listed at $635,000, 3 bed, 2.5 bath, 2,334 sq ft. Listed 3% below the ALEX valuation; price reduced 2% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188150938/204-Deer-Creek-CIR-Dripping-Springs-TX Upper quartile: $834,000 and up 2025 Cripple Creek Stage RD, Dripping Springs TX 78620 · MLS #2930006 Listed at $899,500, 3 bed, 3 bath, 2,152 sq ft. Listed 16% below the ALEX valuation; price reduced 28% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179897768/2025-Cripple-Creek-Stage-RD-Dripping-Springs-TX

Key figures · Dripping Springs · September 2026

48 homes sold in Dripping Springs in September 2026 (down 11.1% on a year earlier).

Median sale price: $574,995 (down 4.2% on a year earlier).

Median price per square foot: $234.

Median days on market: 58.

Median sale price as a share of the original list price: 93.8%.

244 homes for sale now, about 4.2 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

In September 2026, Dripping Springs saw 58 new listings enter the market against 48 homes that closed in escrow. This dual-axis view of supply and demand reveals a net addition of ten properties to the active inventory pool for the month. The supply gap metric compares these two flows: when new listings exceed closings, inventory tends to grow; when closings outpace new listings, inventory shrinks. ALEX Intelligence analyzed 48 closed sales and 58 new listing events to determine the balance. The median closing price for those 48 homes was $574,995, down 10.2% from August's $640,000. Meanwhile, the median living area of sold homes dropped to 2,632 square feet, a 5.4% decrease compared to the prior month. The ratio of new listings to closings stood at roughly 1.21 to 1. This suggests that for every home sold, more than one new property was added to the market. While this does not guarantee a buyer's market, it indicates that supply is currently outpacing demand in terms of monthly flow. The active inventory count reflects this accumulation, with 244 homes available at month-end. This data-driven snapshot helps buyers and sellers understand the current momentum. A sustained period where new listings consistently exceed closings typically leads to increased competition among sellers and more negotiating leverage for buyers. Conversely, a reversal would signal tightening supply. The market is currently in a phase of gradual inventory expansion. 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 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 Director, 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