Palmera Ridge Home Sizes Are Shrinking in Late 2026

Palmera Ridge buyers are seeing a shift in home sizes even as the community remains a hub for new construction. Across 26 closed sales in the rolling six months ending October 31, 2026, the median living area settled at 3,221 square feet. This represents a 5.1% decrease compared to the prior six-month period and is 13.3% larger than the same window last year. ALEX Intelligence analyzed the size trends alongside price data to understand how the inventory mix is evolving. While the median close price rose to $730,000, up 8.1% from a year ago, the average footprint of these homes has contracted slightly from the previous half-year figure of 3,394 square feet. This suggests a potential shift toward more compact floor plans or a change in the specific phases selling during this window. The data also highlights that new construction remains dominant, with 11 of the 26 closed sales being built within the last two years. Despite the slight reduction in median square footage, the price per square foot has dipped to $218, down 2.2% from the prior period and 8.4% lower than a year ago. This indicates that while homes are slightly smaller on average, the cost per unit of space has softened relative to previous trends. For sellers, understanding this size trend is crucial for positioning properties correctly against current comps. For buyers, it signals that the median home in Palmera Ridge today offers a different value proposition than it did six months ago, balancing price growth with a slight reduction in total living area. 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