Driftwood List-to-Sale Ratios Rise in Rolling Six Months

In Driftwood, the gap between asking and selling prices narrowed significantly over the last six months. The median home sold for $1,099,000, which represents a 96% return on the original list price across 49 closed sales. This ratio of 0.96 marks an improvement from the prior six-month period when homes sold for 92.8% of their list price. ALEX Intelligence analyzed the relationship between original list prices and final sale prices to determine how closely sellers are meeting market expectations. The data shows that while 81.6% of homes still sold below their original asking price, the average discount has shrunk compared to the previous period where 84.4% of sales fell short. The median price per square foot also rose to $319, up 2.2% from the prior six months, though this remains slightly lower than the same window a year ago when prices were $336 per square foot. Homes are moving faster as well, with the median days on market dropping to 38 days, down 5% from the previous period and 15.6% faster than last year. This shift suggests that while buyers still negotiate below list price in Driftwood, the margin for negotiation is tightening. The market remains active with a median home size of 3,338 square feet, indicating that larger properties continue to drive the local economy. The analysis covers the rolling six-month window ending October 31, 2026, providing a stable view of trends despite monthly fluctuations. 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