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Big Sky Ranch: New Listings vs. Closings Show Supply Gap
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-22
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $401,000
324 Delaware Mountains TER, Dripping Springs TX 78620 · MLS #4015463
Listed at $363,000, 3 bed, 2.5 bath, 1,884 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 21% under the local price per sq ft; price reduced 6% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182518631/324-Delaware-Mountains-TER-Dripping-Springs-TX
Lower-middle quartile: $401,000 to $455,000
159 Mount Locke RD, Dripping Springs TX 78620 · MLS #5906325
Listed at $410,000, 3 bed, 2 bath, 1,867 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189541915/159-Mount-Locke-RD-Dripping-Springs-TX
Upper quartile: $532,000 and up
233 Bush Mountain CV, Dripping Springs TX 78620 · MLS #4175911
Listed at $574,990, 5 bed, 4 bath, 3,291 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 10% under the local price per sq ft; price reduced 1% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186975083/233-Bush-Mountain-CV-Dripping-Springs-TX
Key figures · Big Sky Ranch · rolling 6 months ending Sep 30, 2026
- 45 homes sold in Big Sky Ranch in the 6 months ending Sep 30, 2026 (up 136.8% on a year earlier).
- Median sale price: $470,000 (up 24.5% on a year earlier).
- Median price per square foot: $182.
- Median days on market: 35.
- Median sale price as a share of the original list price: 95.8%.
- 11 homes for sale now, about 1.5 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Big Sky Ranch saw 43 new listings join the market while 45 homes closed in the rolling six months ending September 30, 2026. This near-balance between supply and demand creates a tight environment where inventory remains low relative to buyer activity.
ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this supply gap. With 45 closed sales and 43 new listings added during the same window, the market absorbed almost every new entry. The median close price rose 7.6% from the prior six-month period to $470,000, while the median home size grew 26.4% to 2,585 square feet.
The supply gap is further highlighted by the fact that only 11 homes remain active today against a backdrop of 45 closings over six months. This results in roughly 1.47 months of inventory, indicating a seller-favorable balance where demand outpaces available stock. The median days on market dropped to 35 days, down 7.9% from the prior period and 34% from the same window last year.
While new construction accounted for 29 of the 45 closings, the overall volume of new listings (43) nearly matched the sales pace. This equilibrium suggests that while buyers are active, the influx of fresh inventory is just enough to keep prices rising without creating a surplus. The market remains lean, with homes selling faster and at higher price points than in previous periods.
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
Source data: Unlock MLS, rolling 6 months ending Sep 30, 2026, n=45 closed sales and n=43 new listings
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










