| 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 · 2026-10-28
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 currently operating with only 1.47 months of inventory, a figure that firmly classifies the local market 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, assuming no new homes enter the market. A reading below two months typically indicates high demand relative to supply, giving sellers significant leverage in negotiations.
Over the rolling six-month period ending September 30, 2026, 45 homes closed in Big Sky Ranch. The median sale price reached $470,000, marking a 24.5% increase compared to the same window last year when only 19 sales occurred. This surge in demand has driven prices up while simultaneously reducing the time homes spend on the market.
The average home now sells in just 35 days, down from 53 days during the same period last year. Furthermore, 82.2% of these properties sold below their original list price, though this figure has improved slightly compared to the prior period. The combination of low inventory and rapid sales velocity suggests that buyers face stiff competition for available homes in this Dripping Springs subdivision.
ALEX Intelligence calculates market conditions by dividing the number of active listings by the monthly average of closed sales. In Big Sky Ranch, the low count of 11 active homes against a steady flow of closings creates a tight supply environment. While prices have risen significantly, the speed at which properties are moving indicates that the market remains favorable for those looking to sell.
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
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










