Palmera Ridge Home Sizes Are Growing in Recent Months

Are buyers in Palmera Ridge choosing larger homes than before? The data suggests a clear shift toward bigger floor plans over the past six months. ALEX Intelligence analyzed 32 closed sales to track home size trends. The median living area for these transactions reached 3,289 square feet. This represents a 19.6% increase compared to the same period last year when the median was 2,749 square feet. The prior six-month window showed a median of 3,371 square feet. The shift in size coincides with a change in price dynamics. While the median sale price dropped by 2.6% to $755,000 compared to the previous period, it remains 30.2% higher than the same window last year. The price per square foot also adjusted, falling 1.4% from the prior year to $218. This trend indicates that while buyers are securing homes at a slightly lower overall price point relative to the immediate past, they are gaining significant space. The average home in this rolling six-month window is substantially larger than those sold a year ago, reflecting a move toward more spacious living arrangements in this master-planned community. 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