Jarrell: How List Prices Compare to Final Sales in October

In October, homes in Jarrell sold for an average of 94.5% of their original asking price, down from 93.8% in September but up slightly compared to the same month last year. This metric, known as the close-to-original list ratio, measures how closely final sale prices align with initial listing prices. A ratio below 100% indicates that buyers negotiated discounts off the original ask, while a ratio above 100% suggests bidding wars drove prices higher. ALEX Intelligence analyzed 53 closed sales to determine this trend. The median close price was $230,499, representing a 7.4% decrease from September's median of $249,006 and a 9.9% drop compared to October 2025. Despite lower prices, the market showed signs of improved negotiation leverage for sellers relative to last year, as the ratio rose by 1.7 percentage points year-over-year. Currently, 75.5% of homes sold below their original list price, a significant improvement from 86.7% in September and 88.5% a year ago. This shift suggests that while prices have softened, the gap between asking and selling prices is narrowing compared to recent months. The median days on market also dropped to 63 days, down 23.2% from September, indicating faster turnover despite lower price points. For buyers and sellers, this ratio provides a clear benchmark for pricing strategy. A stable or rising close-to-original list ratio often signals that inventory is tight enough to support asking prices, whereas a declining ratio suggests increased buyer leverage. In Jarrell, the current data reflects a market where homes are selling quickly, but at prices that reflect recent adjustments from peak levels. 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