Jonestown List-to-Sale Ratios Drop in Rolling Six Months

In Jonestown, the gap between asking price and final sale price has widened significantly over the last six months. The median list-to-sale ratio dropped to 92.6%, down from 94.2% in the prior six-month period. This metric represents the percentage of the original list price that sellers ultimately received upon closing. ALEX Intelligence analyzed 49 closed sales to track this trend. While the median close price fell 37.3% compared to the previous window, the ratio decline indicates a shift in negotiation leverage. Currently, 85.7% of homes sold below their original list price, up from 75% previously. This suggests buyers are increasingly successful in securing discounts. The data also reveals a change in the types of properties selling. The median living area for closed sales shrank by 32.5%, dropping to 1,784 square feet from 2,642 square feet in the prior period. Despite smaller homes, the price per square foot remained relatively stable, falling only 4.7% to $264. These figures reflect a market where sellers are adjusting expectations more frequently. The median days on market also decreased by 32.8% to 41 days, showing that while prices are coming down, homes are still moving at a reasonable pace. This combination of lower sale ratios and reduced inventory time defines the current Jonestown landscape. 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