Jarrell: List-to-Sale Price Ratio Explained in August

How much of the asking price did buyers actually pay for homes in Jarrell last month? The answer lies in the list-to-sale price ratio, a key metric that reveals whether sellers are holding firm or adjusting to market conditions. In August 2026, the median home sold for $240,000, which represents 95.9% of the original list price across 66 closed sales. This ratio of 0.959 marks a shift from July, when homes sold for 94.1% of their list price. The increase of 1.9 percentage points suggests that buyers are negotiating closer to the asking price than they were just one month ago. When compared to August 2025, when the ratio was 0.937, the current figure is up 2.3 percentage points, indicating a trend toward stronger closing prices relative to initial listings over the past year. ALEX Intelligence analyzed the relationship between original list prices and final sale prices to track this dynamic. The data shows that while 75.8% of homes sold below their original list price, the gap between the two figures has narrowed compared to the prior month, where 82.5% of sales were below list. This compression in the discount rate often signals a market where inventory is tightening or buyer demand is stabilizing. The median price per square foot also rose slightly to $150, up 2.0% from July, even as the overall median price dipped 10.8% month-over-month. This divergence highlights how specific property characteristics and lot sizes influence value beyond the headline median. Understanding this ratio helps buyers gauge negotiation leverage and sellers set realistic expectations for their listings in Jarrell's current market environment. Planning a move from Jarrell? Get your home's value and the right list price, free. 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