Palmera Ridge List-to-Sale Ratio Explained
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-18
Key figures · Palmera Ridge · rolling 6 months ending Sep 30, 2026
- 32 homes sold in Palmera Ridge in the 6 months ending Sep 30, 2026 (up 100.0% on a year earlier).
- Median sale price: $755,000 (up 30.2% on a year earlier).
- Median price per square foot: $218.
- Median days on market: 197.
- Median sale price as a share of the original list price: 88.8%.
- 32 homes for sale now, about 5.8 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 Palmera Ridge, homes are closing at 88.8% of their original list price on average. This figure represents the median close-to-original-list ratio across 32 closed sales in the rolling six months ending September 30, 2026. The data shows a clear trend where buyers and sellers are negotiating discounts before finalizing deals.
ALEX Intelligence analyzed the pricing dynamics to explain this gap between asking and selling prices. Over the past six months, the median close-to-original-list ratio was 88.8%, down from 97.4% in the same period last year. This indicates that while homes are still selling, the final price is consistently lower than what was initially requested by the seller.
The market has shifted since the previous six-month window. The median close-to-original-list ratio improved slightly to 88.8% from 82.8% in the prior period, suggesting a small stabilization in negotiation leverage. However, compared to twelve months ago, the ratio has dropped by 8.8 percentage points. This means that today's sellers are accepting offers that are significantly below their original asking price on average.
Furthermore, 96.9% of these closed sales sold for less than the original list price. This high percentage underscores a market where initial pricing often exceeds what buyers are willing to pay at closing. The median close price settled at $755,000, which is 2.6% lower than the prior six-month period but remains 30.2% higher than the same window last year.
The data reflects a market where patience and negotiation play a larger role in finalizing transactions. Buyers are securing homes at prices significantly below the initial listing, while sellers adjust their expectations to close deals in a more competitive environment.
Thinking of selling in Palmera Ridge? Ask for a free ALEX Intelligence valuation of your home.
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
MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker.
George Arnold Alexander III, MPA
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574878-B · Broker License #565194-BB
Broker, ALEX Real Estate · North Carolina License #367733
Independent Broker, ALEX Real Estate · Colorado License #II.100112456
[email protected] · +1 713.918.9951
Source data: Unlock MLS closed sales, rolling 6 months ending Sep 30, 2026, n=32
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




