Mountain City List-to-Sale Ratios Explained

What does a median close-to-original-list ratio of 0.951 mean for buyers and sellers in Mountain City? This figure indicates that homes sold for 95.1% of their original asking price on average across the trailing twelve months. While this specific analysis requires more data points to break down by price tier, the overall trend shows a shift toward stronger closing values compared to the prior period. The median close-to-original-list ratio improved by 1.4% versus the prior six-month window and the same period last year. This suggests that sellers are retaining more of their asking price than they did previously, when the ratio stood at 0.938. Concurrently, the share of homes selling below original list prices dropped from 90% to 66.7%, a decrease of 25.9%. Median close prices rose 3.2% to $486,000, while median price per square foot increased 4.2% to $235.31. Homes also sold significantly faster, with median days on market falling 84.4% to just 10 days compared to 64 days in the prior period. The median living area grew 7.2% to 2,178 square feet. ALEX Intelligence analyzed these six closed sales to track how list prices compare to final sale prices. The data reflects a market where negotiation leverage has shifted slightly toward sellers as homes close closer to their initial listing values. URL: https://alex.realestate/market-data/mountain-city Want to see this home? Call or text George at 713.918.9951 for a private showing. Based on 6 closed sales in the 12 months ending Oct 31, 2026. 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