Dripping Springs: How List Prices Compare to Sells in September

In Dripping Springs, the gap between asking and selling prices widened slightly last month as buyers negotiated more aggressively. Across 48 closed sales in September, homes sold for a median of $574,995, which represents 93.8% of the original list price. This is down from 94.4% in August and marks a slight shift compared to the 93.7% achieved in September 2025. ALEX Intelligence analyzed the relationship between original list prices and final sale prices to track this trend. The median close-to-original list ratio of 0.938 indicates that sellers are accepting offers closer to their initial asking price, though still below it. In August, the median was $640,000, but September saw a drop in both price and the percentage of list price received. The data shows that 83.3% of homes sold for less than their original list price, up from 82.6% in the prior month. This suggests a market where buyers have more leverage to negotiate down from the initial sticker price. The median price per square foot also decreased by 4.9% compared to August, settling at $234. While the median sale price dropped 10.2% from the previous month, the ratio of final sale to original list remains a key indicator of market balance. With 48 closed sales providing a solid sample size, this metric reflects current buyer sentiment and seller flexibility in Dripping Springs. 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