Jarrell Market Pulse: Prices Drop 10.8% in August

Median home prices in Jarrell dropped 10.8% from July to settle at $240,000 across 66 closed sales in August. This marks a 7.1% decline compared to the same month last year, when the median was $258,440. Despite the price dip, market activity accelerated significantly. The number of homes sold rose 4.8% from July and jumped 20.0% compared to August 2025. Homes are moving faster than they were a year ago. The median days on market fell to 38 days, down 33.3% from July and 15.6% lower than the 45 days recorded in August 2025. Sellers are also seeing better results relative to their asking prices. The median close-to-original list ratio improved to 95.9%, up 1.9% from July and 2.3% higher than last year. New construction continues to dominate the local landscape, accounting for 57 of the 66 closings in August. While inventory remains tight with only 5.13 months of supply available, the combination of lower prices and faster sales suggests a shifting dynamic for buyers entering the market this month. Curious what your Jarrell home would sell for today? Request a free ALEX Intelligence valuation. 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