Leander: How List Prices Compared to Sells in October

In October, homes in Leander sold for an average of 94.3% of their original list price across 96 closed sales. This metric, known as the close-to-original-list ratio, measures how much of the asking price a seller ultimately receives after negotiations and appraisals. The ratio dropped 1.0 percentage point from September's 95.3%, indicating that buyers had slightly more leverage to negotiate down from the initial sticker price than they did a month ago. ALEX Intelligence analyzed the pricing dynamics for this period, finding that 81.2% of all closed sales finished below their original list price. This represents a shift in market behavior where sellers are increasingly accepting offers under their asking price to close deals. The median sale price settled at $437,500, which is 4.8% lower than the prior month's median of $459,575. While the ratio dipped slightly compared to September, it remains higher than the same time last year, when homes sold for just 91.7% of the list price. This suggests that while the market has cooled from its peak intensity, sellers in Leander are still retaining a significant portion of their asking value compared to the previous year. The median days on market also increased by 15.2% to 53 days, giving buyers more time to evaluate properties before making an offer. The data reflects a market where price adjustments are becoming more common as inventory levels stabilize. With 616 active listings today, the balance is shifting toward a more neutral environment where the final sale price is determined by a combination of property condition, location, and current buyer demand rather than bidding wars alone. 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