Plum Creek: How List Prices Compare to Final Sells

In Plum Creek, homes are closing at an average of 94.8% 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 when sellers first list a property. ALEX Intelligence analyzed 107 closed sales to determine this trend. The data shows that 84.1% of these homes sold for less than their original list price. While the median ratio has improved slightly compared to the prior six-month period, rising by 3.0 percentage points, it remains lower than the same window a year ago, reflecting a market where buyers still negotiate below initial asks. The median sale price reached $308,057 across these transactions, up 1.2% from the previous six months. However, the median price per square foot dipped to $166.67, down 3.4% year-over-year. These figures indicate that while overall prices are holding steady or rising slightly, the gap between list and sale prices remains a significant factor for buyers in this community. The analysis covers single-family homes with prices net of seller-paid concessions. This approach ensures the reported median price reflects the true transaction value without distortion from temporary financial incentives. Understanding this ratio helps sellers set realistic expectations and allows buyers to gauge negotiation leverage in the current market environment. 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