| George Arnold Alexander III, MPA |
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Big Sky Ranch: Is It a Buyer's or Seller's Market?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-27
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 is operating with only 1.47 months of inventory, a figure that firmly classifies the local environment as a seller's market. This metric represents the time it would take to sell all current active listings at the current pace of sales, calculated by dividing the 11 homes currently for sale by the average monthly closings of roughly 7.5 units over the trailing six-month period.
In a balanced market, inventory typically hovers around four to six months. When levels drop below four months, demand outstrips supply, giving sellers leverage in negotiations. The data confirms this dynamic: homes are selling faster than last year, with median days on market dropping 34% compared to the same window twelve months ago.
Price appreciation further supports the seller's advantage. Median closed prices rose 24.5% year-over-year to $470,000 across 45 sales. While the price per square foot dipped slightly due to larger homes selling recently, the overall value trajectory remains upward. Buyers face limited choices with only 11 active listings, often requiring quick decisions and competitive offers to secure a property in this subdivision.
ALEX Intelligence calculates this classification by comparing current inventory levels against historical sales velocity. The low stock combined with strong year-over-year price growth indicates that sellers currently hold the upper hand in transactions within Big Sky Ranch.
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
Source data: Unlock MLS rolling 6 months ending Sep 30, 2026, n=45 closed sales
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










