Dripping Springs: How Many Deals Fell Through in September?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-15
Deal of the Week

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 Dripping Springs, the pipeline for home sales faces a persistent hurdle: contracts that do not reach closing. A deal that goes back on market has stalled or failed after an initial agreement, signaling risk for both buyers and sellers.
ALEX Intelligence analyzed the status history of 48 closed sales in September 2026 to determine how many deals experienced a return to the market before finalizing. The data tracks the transition from active listing to pending contract, and finally to closed sale or back-on-market status. This metric reveals the stability of transactions in the local market over the trailing 12-month period.
While specific failure counts for September are not individually listed in the summary KPIs, the broader trend across the last 12 months shows that a portion of contracts do not survive to closing. The median contract-to-close duration is currently unavailable due to insufficient pending data points for this specific window, but the closed sales volume of 48 homes provides a baseline for evaluating transaction success rates.
For sellers, a high back-on-market rate suggests pricing or condition issues that cause buyers to walk away. For buyers, it indicates a competitive environment where securing a contract is only the first step; maintaining financing and inspection contingencies is critical to avoiding a return to the market. The data underscores the importance of thorough due diligence before signing a purchase agreement in this price tier.
The analysis relies on status history fields from the Unlock MLS database, which record every change in listing state. This method provides an objective view of transaction attrition without relying on anecdotal reports or agent speculation.
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
Source data: Unlock MLS status history, September 2026, n=48 closed sales
Cover photo: Dripping Springs High School entrance by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










