Dripping Springs: How List Prices Compare to Final Sales in September
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-19
Deal of the Week

This week's 5 best values under $1,000,000, ranked by the ALEX deal score:
1. 124 Adina DR, Dripping Springs TX 78620 · MLS #9163810
Listed at $525,000, 4 bed, 3 bath, 2,677 sq ft. Listed 7% below the ALEX valuation; 20% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186788295/124-Adina-DR-Dripping-Springs-TX
2. 162 Heritage Forest PKWY, Dripping Springs TX 78620 · MLS #9906979
Listed at $359,990, 3 bed, 2.5 bath, 1,950 sq ft. Listed 4% below the ALEX valuation; 10% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182523778/162-Heritage-Forest-PKWY-Dripping-Springs-TX
3. 111 Olympia BND, Dripping Springs TX 78620 · MLS #2252078
Listed at $392,005, 4 bed, 3 bath, 2,366 sq ft. Listed 9% below the ALEX valuation; 32% under the local price per sq ft; price reduced 15% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189687735/111-Olympia-BND-Dripping-Springs-TX
4. 10025 Janet LOOP, Dripping Springs TX 78620 · MLS #4334003
Listed at $410,000, 3 bed, 2 bath, 1,629 sq ft. Listed 5% below the ALEX valuation; 11% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185674908/10025-Janet-LOOP-Dripping-Springs-TX
5. 109 Francesco LN # 40, Dripping Springs TX 78620 · MLS #7451331
Listed at $474,995, 2 bed, 2.5 bath, 2,063 sq ft. Listed 7% below the ALEX valuation; 6% under the local price per sq ft; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185148802/109-Francesco-LN-40-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%.
- 252 homes for sale now, about 4.4 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, homes in Dripping Springs sold for an average of 93.8% of their original asking price. This figure represents the median close-to-original list ratio across 48 closed sales, a sample size that meets our minimum threshold for reliable analysis. The data shows that 83.3% of these transactions closed below the initial list price, indicating that buyers retained some negotiating leverage during this period.
ALEX Intelligence analyzed the relationship between original listing prices and final sale prices to determine how much value is typically captured at closing. The median close-to-original list ratio of 0.938 marks a slight decrease from 0.944 in August, reflecting a -0.6% month-over-month shift. When compared to September 2025, the ratio remains nearly flat with a +0.1% change, suggesting that the gap between asking and selling prices has stabilized over the last year despite broader market fluctuations.
The median sale price for these 48 homes was $574,995, down 10.2% from August's $640,000 and 4.2% lower than the same month last year. While the list-to-sale ratio has dipped slightly, it remains close to the regional average of 0.941 for the Unlock MLS area. This metric helps sellers set realistic expectations and allows buyers to understand the typical discount required to secure a property in this market segment.
The analysis covers all closed sales in Dripping Springs for the month, providing a clear view of pricing dynamics without projecting future trends. As inventory levels shift, these ratios will continue to evolve, offering real-time feedback on market balance between buyer demand and seller expectations.
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 closed sales, September 2026, n=48
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










