| George Arnold Alexander III, MPA |
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Big Sky Ranch: New Listings vs. Closings in the Supply Gap
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-04
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 $400,000
144 El Capitan LOOP, Dripping Springs TX 78620 · MLS #1778881
Listed at $379,000, 3 bed, 2 bath, 1,510 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184037006/144-El-Capitan-LOOP-Dripping-Springs-TX
Lower-middle quartile: $400,000 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-middle quartile: $455,000 to $531,000
228 Sue Peaks LOOP, Dripping Springs TX 78620 · MLS #2568511
Listed at $455,990, 4 bed, 3 bath, 2,047 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/1186807849/228-Sue-Peaks-LOOP-Dripping-Springs-TX
Upper quartile: $531,000 and up
171 Bush Mountain CV, Dripping Springs TX 78620 · MLS #7686178
Listed at $634,990, 5 bed, 4 bath, 3,355 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 4% under the local price per sq ft; price reduced 2% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1191318000/171-Bush-Mountain-CV-Dripping-Springs-TX
Key figures · Big Sky Ranch · rolling 6 months ending Oct 31, 2026
- 47 homes sold in Big Sky Ranch in the 6 months ending Oct 31, 2026 (up 147.4% on a year earlier).
- Median sale price: $464,990 (up 22.4% on a year earlier).
- Median price per square foot: $186.
- Median days on market: 35.
- Median sale price as a share of the original list price: 96.2%.
- 10 homes for sale now, about 1.3 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Big Sky Ranch saw a notable shift in supply and demand dynamics over the last six months. New listings increased by 75% compared to the prior period, while closed sales rose 47%. This dual rise suggests a market where fresh inventory is entering faster than it is being absorbed, though the volume of transactions remains robust.
The data shows 42 new listings added to the market against 47 closed sales in the rolling six-month window ending Oct 31, 2026. In the prior six months, there were only 24 new listings and 32 closings. The gap between supply and demand has narrowed as sellers have become more active, bringing fresh homes to market at a rate that closely tracks buyer activity.
ALEX Intelligence analyzed the volume of events to determine the current state of the supply gap. With 47 homes closing and 42 new listings appearing, the market is balancing on a tightrope where new supply is nearly matching the pace of sales. This contrasts with the prior period where fewer new homes were listed relative to the number of closings.
The median home size expanded significantly, growing 26.4% in living area compared to the previous six months. As more homes enter the market, buyers have more options to choose from, potentially moderating price pressure even as transaction volume climbs. The supply gap is currently defined by this near-equal flow of new listings and closings rather than a shortage or surplus.
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 Oct 31, 2026, n=47 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










