Avery Ranch Median Price Drops 3.4% in Six Months

Avery Ranch median home prices dropped 3.4% over the last six months, settling at $565,000 across 43 closed sales. This marks a shift from the prior six-month period where the median was $585,000. While prices dipped, homes are selling faster than they did a year ago, with the median days on market rising to 23 days compared to 18 days in the same window last year. The pace of sales has also slowed slightly, with 43 closings in the current six-month window versus 50 in the prior period. Despite the price adjustment, buyers are still paying close to the original list price, with a median close-to-original list ratio of 96.5%. This ratio remains unchanged from the prior period and is up slightly compared to the same time last year. Inventory levels remain tight, with only 31 active listings today, creating a months of inventory figure of 4.33. This suggests a balanced market where supply meets demand without a surplus. The average home size sold in this window was 2,617 square feet, slightly larger than the 2,504 square feet seen in the previous six-month period. ALEX Intelligence analyzed these trends to show that while prices have softened, the market remains active with homes moving relatively quickly. Buyers should note that nearly 80% of sales closed below the original list price, indicating room for negotiation even in a competitive environment. 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