Driftwood Cash vs. Financed Purchases in Rolling Six Months

In the rolling six months ending October 31, 2026, every single home sale in Driftwood was financed. Among the 51 closed transactions recorded, zero were paid entirely in cash. This means the share of cash purchases is 0% across this high-value market segment. ALEX Intelligence analyzed the financing data for these 51 sales to determine the split between cash and loan-funded closings. While a cash share figure exists for some markets, the data for Driftwood shows no instances where buyers paid without a mortgage in this period. The median closed price for these financed homes was $1,085,000, with a median of 38 days on market. The absence of cash sales is notable given the median home price exceeds one million dollars. Typically, higher-priced markets see more cash activity, but Driftwood's recent volume shows reliance on traditional financing. With mortgage rates at 7.18% as of early November, buyers in this area are navigating a market where every transaction involves a lender. The data indicates that for the past six months, the Driftwood market has been driven entirely by financed purchases. This pattern suggests that even in a luxury price tier, liquidity constraints or financing incentives may be influencing buyer behavior more than cash availability. Want to see this home? Call or text George at 713.918.9951 for a private 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