Travisso List-to-Sale Ratios Drop to 87% in Six Months

In Travisso, the gap between asking and selling prices has widened significantly over the last six months. The median home sold for $870,000, which represents a list-to-sale price ratio of 0.87, or 87% of the original listing price. This figure is down from 0.90 in the prior six-month period and 0.912 at this time last year. ALEX Intelligence analyzed the pricing dynamics for 49 closed sales to determine how much value buyers are capturing relative to the initial list price. The data shows that 89.8% of homes sold below their original list price, a notable increase from 85.5% in the prior period and 95.9% last year. While prices have risen 13.8% compared to the previous six months, the ratio indicates that sellers are accepting lower offers relative to their asking amounts more frequently than before. The median price per square foot rose slightly to $221.33, yet the average home size shrank to 3,700 square feet from 3,910 in the prior window. Homes also spent an average of 115 days on market, a 23.7% increase compared to the prior period and a 55.4% jump year-over-year. These metrics suggest a shift where negotiation power has tilted toward buyers, resulting in final sale prices that are increasingly diverging from initial listing expectations. The list-to-sale ratio is calculated by dividing the final closed price by the original list price at the time of contract. A lower ratio indicates that homes are selling for less than they were originally advertised. This trend reflects current market conditions where inventory levels and buyer caution influence final transaction values. 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