Santa Rita Ranch September Market Recap and Outlook

Santa Rita Ranch saw median home prices climb to $560,000 in September, a 16.2% increase compared to the same month last year, even as the number of closed sales fell 5.4%. This data reflects 35 transactions across the master-planned community during the trailing twelve-month window used for this analysis. The market remains active with 207 homes currently listed, creating a 4.72-month supply of inventory. While this indicates a balanced environment, the median days on market stretched to 94 days, up 4.4% from August but down significantly from the previous year. Buyers negotiating prices saw 94.3% of sales close below the original list price, with the average sale-to-list ratio settling at 89.4%. New construction continues to dominate the landscape, accounting for 32 of the 35 closed sales. The median home size shrank slightly to 2,916 square feet, yet the price per square foot rose 5.7% year-over-year to $204. ALEX Intelligence estimates that a typical buyer at this price point faces a principal and interest payment of $3,077 at current rates of 7.32%. Looking ahead, the community shows resilience in pricing despite a seasonal dip in sales volume. The data suggests that while inventory levels are stable, buyers may need to adjust expectations regarding list-to-sale ratios as competition fluctuates. Thinking of selling in Santa Rita Ranch? Ask for a free ALEX Intelligence valuation of your home. 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