Star Ranch: How List Prices Compare to Final Sells

In Star Ranch, homes are closing for less than their original list price more often than before. The median close-to-original list ratio stands at 92.6% across 36 closed sales in the rolling 12 months ending September 30, 2026. This metric compares the final sale price to the first price a seller posted on the market. A ratio below 100% means buyers negotiated down from the initial ask. This figure represents a 3.9% decline compared to the prior six-month period and is also 3.9% lower than the same window last year. The share of homes selling below their original list price rose to 83.3%, up 1.8 percentage points from the prior period. Meanwhile, the median sale price fell 9.5% to $391,000, and the median price per square foot dropped 11.9% to $177. ALEX Intelligence analyzed these trends to show how pricing strategies are playing out in this community. The data indicates that while homes are selling, the gap between the asking price and the final contract price has widened slightly compared to earlier in the year. Sellers may need to adjust initial expectations to align with current buyer behavior. The median days on market also improved, dropping 27.4% to 45 days, suggesting that once prices are set correctly, properties move faster. However, the lower closing ratios highlight the importance of accurate initial pricing in this market segment. 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