Driftwood Market Recap: Sales Up, Prices Down in Rolling Six Months

Driftwood saw 52 closed sales in the rolling six months ending September 30, 2026, a significant increase from the 28 closings in the prior six-month window. The median sale price rose to $1,000,000, up 3.9% compared to the previous period, though this figure remains 8.1% below the $1,088,000 median recorded in the same timeframe last year. ALEX Intelligence analyzed the market dynamics using a rolling six-month window to smooth out seasonal volatility. Homes spent an average of 36 days on market, a sharp improvement from the 77 days seen in the prior period, though this is still slightly higher than the 35 days recorded a year ago. The median price per square foot settled at $304, down 1.9% from the prior six months and 10.1% lower than last year. Current inventory stands at 47 active listings, representing approximately 5.3 months of supply based on recent sales velocity. While 82.7% of homes sold below their original list price, the median close-to-original list ratio improved to 96.2%, up from 90.7% in the prior period. New construction accounted for five of the 52 closings, with a luxury threshold set at $1,530,000 for the top 10% of sales. The market shows increased activity and faster turnover compared to the previous half-year, even as prices adjust downward from their year-ago peaks. Buyers are finding more options, while sellers continue to price competitively to secure deals within a month of listing. 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