Smithville: How List Prices Compare to Final Sells

How much of their asking price did sellers actually receive in Smithville over the past half-year? The data shows a median close-to-original list ratio of 92.3% across 52 closed sales in the rolling six months ending September 30, 2026. This figure represents the final sale price divided by the original listing price, serving as a direct measure of negotiation outcomes for buyers and sellers. ALEX Intelligence analyzed this metric to track how pricing strategies are playing out in the current market. The ratio has improved by 4.1% compared to the prior six-month period, rising from 88.7% to 92.3%. This shift indicates that homes are closing closer to their original list prices than they did earlier this year, even though the median sale price remained flat at $320,000. Despite the improved ratio, 84.6% of these transactions still closed below the original list price. The median days on market also increased by 1.3% to 80 days, suggesting that while final prices are holding better, properties are taking longer to sell than in previous periods. In contrast, sales from the same period last year saw a slightly higher ratio of 92.7%, though the market was significantly faster with only 46 days on market. The median price per square foot rose 7.7% to $209, while the average home size sold decreased by 6.5% to 1,632 square feet. These figures suggest a shift toward smaller homes selling at higher per-square-foot rates, even as the overall median price remains stable. The market data reflects a period of adjustment where pricing discipline is becoming more critical, with sellers needing to align expectations with current buyer demand to achieve final sale prices near their original asks. 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