Sunset Canyon List-to-Sale Ratios Explained

What does a 98% list-to-sale ratio mean for buyers and sellers in Sunset Canyon? In the trailing 12 months ending October 31, 2026, homes sold for an average of 98 cents on the dollar compared to their original asking price. This figure represents a 2.5% improvement over the prior six-month period and matches the same gain seen year-over-year. ALEX Intelligence analyzed the closing data from 29 single-family home transactions to determine this trend. The median close-to-original list ratio climbed from 0.956 in the prior window to 0.98 in the current rolling 12-month period. This shift indicates that sellers are receiving offers closer to their initial price tags than they did previously, though 75.9% of homes still sold below their original list price. The median sale price for these properties reached $750,000, up 1.8% from the prior period and matching the year-over-year increase. While prices rose slightly, the median price per square foot dipped 2.3% to $300.84, suggesting a shift in the mix of home sizes or features sold. Homes spent an average of 24 days on market, a 9.1% increase from the prior period, indicating a slightly longer time to close deals despite the improved price ratios. The data reflects a market where negotiation power has shifted marginally toward sellers regarding final prices, even as inventory levels remain tight with only three active listings currently available. This analysis is based on Unlock MLS closed sales data for single-family homes in Sunset Canyon, Dripping Springs. Thinking of selling in Sunset Canyon, Dripping Springs? Ask for a free ALEX Intelligence valuation of your home. 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