Rough Hollow: How List Prices Compare to Final Sales

In Rough Hollow, homes are closing at 94.2% of their original list price on average, a figure derived from 44 closed sales over the last six months. This metric, known as the close-to-original list ratio, measures how closely the final sale price aligns with the initial asking price. A ratio below 100% indicates that buyers and sellers typically negotiate down from the list price before closing. ALEX Intelligence analyzed the pricing dynamics across this high-end community to determine where value is being realized. The median close-to-original list ratio of 94.2% represents a slight improvement compared to the prior six-month period, which stood at 93.8%. Over the same window last year, the ratio was lower at 90.6%, suggesting that pricing strategies have become more accurate or that negotiation leverage has shifted slightly toward sellers in recent months. Currently, 86.4% of homes sold for less than their original list price. This means that while most properties do not sell at full asking price, the gap between the list and sale price is narrowing compared to a year ago when 91.7% of sales were below list. The median close-to-original list ratio is calculated by dividing the final sale price by the original list price for each transaction and averaging the results. The data reflects a market where initial pricing plays a critical role in achieving a successful sale. With a median sale price of $1,004,000 across 44 transactions, sellers who price accurately relative to market demand are seeing their homes close at higher percentages of the list price. This trend indicates a stabilization in negotiation patterns within the Rough Hollow community over the trailing six-month period. 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