Plum Creek: How List Prices Compare to Final Sales

In Plum Creek, homes are closing at an average of 94.7% of their original list price over the last six months. This figure represents the median close-to-original list ratio, a metric that tracks how closely final sale prices align with the initial asking price across 110 closed sales. ALEX Intelligence analyzed the pricing dynamics by comparing original listing amounts against final contract values. The data shows that 83.6% of homes sold for less than their original list price during this period. While the ratio has improved slightly compared to the prior six-month window, rising 2.2 percentage points, it remains below the level seen a year ago when buyers were willing to pay closer to full asking price. The median sale price for these properties was $312,500, with a median price per square foot of $168. This represents a 2.5% increase in median price compared to the prior period, though the price per square foot dropped 2.3%. The time on market also shifted, with homes selling in 41 days on average, which is 2.4% faster than the previous six months but significantly slower than the same period last year when sales took just 25 days. These figures indicate a market where negotiation remains a standard part of the transaction process. Buyers are securing deals that reflect a discount from the initial list price in the majority of cases, while sellers continue to see steady demand despite the gap between asking and closing numbers. 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