| George Arnold Alexander III, MPA |
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Parkside on the River: Where Prices Were Cut Most Recently
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-26
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $550,000
1436 Purple Petunia LN, Georgetown TX 78628 · MLS #2161053
Listed at $549,900, 4 bed, 3 bath, 2,545 sq ft. Listed 14% below the ALEX valuation; 9% under the local price per sq ft; price reduced 24% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183296338/1436-Purple-Petunia-LN-Georgetown-TX
Lower-middle quartile: $550,000 to $640,000
117 Beautiful Wisdom CT, Georgetown TX 78628 · MLS #7493381
Listed at $550,495, 4 bed, 3 bath, 2,823 sq ft. Listed 10% below the ALEX valuation; 8% under the local price per sq ft; price reduced 19% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179121591/117-Beautiful-Wisdom-CT-Georgetown-TX
Upper-middle quartile: $640,000 to $771,000
1017 Sunset Hill WAY, Georgetown TX 78628 · MLS #6834442
Listed at $649,900, 4 bed, 3.5 bath, 2,944 sq ft. Listed 16% below the ALEX valuation; 7% under the local price per sq ft; price reduced 29% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1178654822/1017-Sunset-Hill-WAY-Georgetown-TX
Upper quartile: $771,000 and up
1112 Sunset Hill WAY, Georgetown TX 78628 · MLS #6777400
Listed at $950,900, 4 bed, 4.5 bath, 3,566 sq ft. Listed 7% below the ALEX valuation; price reduced 20% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182515483/1112-Sunset-Hill-WAY-Georgetown-TX
Key figures · Parkside on the River · rolling 6 months ending Sep 30, 2026
- 116 homes sold in Parkside on the River in the 6 months ending Sep 30, 2026 (down 1.7% on a year earlier).
- Median sale price: $644,450 (up 2.5% on a year earlier).
- Median price per square foot: $225.
- Median days on market: 98.
- Median sale price as a share of the original list price: 88.7%.
- 86 homes for sale now, about 4.4 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
In Parkside on the River, price reductions are the norm rather than the exception. Over the rolling six months ending September 30, 2026, 85% of the 41 closed sales in the primary subdivision sold for less than their original list price. This pattern extends across the broader community, where 81% of all 116 closed transactions ended below the initial asking price.
ALEX Intelligence analyzed price change histories to identify which subdivisions experienced the most significant reductions. The data shows that while some sections like Parkside On The River saw only half their sales reduced, others such as PARKSIDE ON THE RIVER and Parkside on the River - West saw 100% of their closed sales come in below list. The median close-to-original list ratio for the entire community sits at 88.7%, down from 86.9% in the prior six-month period, indicating a slight tightening in negotiation leverage for sellers.
The average time on market has also shifted, dropping to 98 days compared to 135 days previously, suggesting that while price cuts are frequent, homes are moving faster than they did earlier this year. Buyers in this master-planned community are finding opportunities to negotiate below list, with the median sale price rising 4.8% to $644,450 despite the prevalence of reductions.
This analysis relies on Unlock MLS data tracking original list prices, final close prices, and price change history for all subdivisions within Parkside on the River. The sample includes 116 closed sales across multiple phases and sections of the community.
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
Source data: Unlock MLS closed sales and price history, rolling 6 months ending Sep 30, 2026, n=116
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










