Rim Rock Driftwood Market Pulse: Prices Drop in Rolling Year

What does a median price of $942,500 mean for the Rim Rock and Driftwood market? In the rolling 12 months ending October 31, 2026, 24 single-family homes closed at this median price, reflecting an 11.1% decline compared to the prior 12-month period and the same window last year. ALEX Intelligence analyzed the closing data to show how pricing dynamics have shifted. The median close-to-original list ratio stands at 0.945, down 1.6% from the prior period, indicating that homes are selling for slightly less relative to their initial asking prices than before. Additionally, 79.2% of closed sales finished below the original list price, a figure that has decreased by 2.2 percentage points compared to the previous rolling year. Inventory conditions remain tight with only four active listings today, resulting in two months of supply based on recent closing rates. The median days on market dropped significantly to 34 days, a 37% improvement over the prior period, suggesting that homes are moving faster despite lower prices. The average home size also saw a slight contraction, with the median living area at 3,468 square feet, down 1.3% from the previous rolling year. While the market shows signs of cooling in terms of price appreciation, the speed of transactions and reduced time on market suggest continued demand for properties in this specific enclave within Driftwood. Curious what your Rim Rock, Driftwood home would sell for today? Request a free ALEX Intelligence valuation. 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