Lakeside at Tessera: How List Prices Compare to Sells

What does it mean when homes sell for 94 cents on the dollar? In Lakeside at Tessera, the median close-to-original list ratio reached 0.94 across 17 closed sales in the rolling six months ending Oct 31, 2026. This metric compares the final sale price to the original listing price, showing how much of the initial asking price buyers ultimately paid. ALEX Intelligence analyzed the relationship between original list prices and final close prices to track this trend. The data shows a median close-to-original list ratio of 0.94, up from 0.818 in the prior six-month period. This 14.9% increase indicates that sellers are retaining more of their original asking price compared to earlier in the year. Despite the improvement in ratios, 82.4% of sales still closed below the original list price. The median close price settled at $410,000, down 8.9% from the prior period and 17.8% lower than the same window last year. Meanwhile, the median price per square foot rose to $183, a 2.8% increase over the prior six months. The market remains active with 24 new listings added during this period against 17 closed sales. While the ratio has improved, buyers continue to negotiate below original lists in most transactions. This data reflects actual closing activity rather than current asking prices or future projections. 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