Deerbrooke Market Update: Prices Dip as Sales Slow

Median home prices in Deerbrooke fell 1.3% to $512,125 across 14 closed sales in the rolling 12 months ending Oct 31, 2026. This marks a shift from the prior period where the median was $519,000 across 23 sales. The market also saw a 12.8% drop in median days on market to 41 days, indicating homes are selling faster than they did in the previous 12-month window. ALEX Intelligence analyzed the pricing dynamics to show that while prices dipped slightly, the efficiency of sales improved. The median close-to-original list ratio rose 3.6% to 0.962, meaning sellers are now receiving a higher percentage of their asking price compared to the prior period when it stood at 0.929. Additionally, the share of homes selling below original list price decreased by 4.8%, suggesting less negotiation pressure on buyers than before. Despite these improvements in speed and pricing ratios, transaction volume has contracted significantly. The number of closed sales dropped from 23 to 14. New construction activity also slowed, with zero new-construction homes closing in the current window compared to 11 in the prior period. With only 7 active listings currently on the market and no pending data available to calculate months of inventory, supply remains tight even as demand cools. The median price per square foot declined 4.9% to $191.10, while the average home size grew slightly by 2.4% to 2,592 square feet. These figures reflect a market adjusting to lower volume but maintaining relatively strong pricing power on a per-square-foot basis compared to the broader region where the median price was $397,974. Want these numbers for your street? Email [email protected]. 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