Bertram: Where Prices Were Cut Most in October

In Bertram, nearly every home that sold in the past six months did so for less than the seller originally asked. Across 71 closed sales, 90% of transactions finished below the initial list price, with a median close-to-original list ratio of 93.9%. This pattern marks a distinct shift from prior periods when sellers held firmer ground on their asking prices. ALEX Intelligence analyzed price change histories to identify which subdivisions saw the most reductions. The data shows that price cuts are widespread across the market rather than isolated to specific pockets. In Bertram Oaks, for example, 96% of sales came in below the original list price, while Grande Estates and Bertram Oaks Phase 1 also saw full participation in reduced pricing. The median days on market has stretched to 60 days, up 42.9% from the prior six-month period. This extended timeline often correlates with the need for sellers to adjust their expectations before a deal closes. While the median sale price rose 11.8% compared to the previous window, the prevalence of price cuts suggests buyers now have more leverage to negotiate down from the starting point. The market remains active with 72 homes currently listed and 6.08 months of inventory available. For sellers, this environment underscores the importance of realistic initial pricing to avoid prolonged time on market and subsequent reductions. Buyers, conversely, can expect to find opportunities to purchase below list price in a market where nearly all deals conclude with a negotiated discount. 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