ALEX · Alexander Tiffany Southwest, LLC – ALEX Companies

Santa Rita Ranch South

Liberty Hill, TX 78642
Resale homes · closed Oct 26 – Oct 25, 2026
Prepared for Buyers, sellers and agents
Prepared by ALEX Real Estate
Market Study · Resale Analysis
Version 2.4
October 26, 2026 · 5:27 AM CDT
MARKET STUDY All analysis covers resale homes only. New construction appears once, in its own section. Click any dot on the map for that sale.
Resale sales, 365 days
31
single-family resale homes
Median net sale price
$360,000
average $396,095
Median net price per SF
$170
average $172
Median days on market
64 days
average 102 days
1. SummaryResale homes · 31 sales · October 26, 2025 – October 25, 2026

This study looks at the 31 resale homes sold in Santa Rita Ranch South in the 365 days to October 25, 2026. A full year is used because only 16 resale homes sold in the last 180 days. New construction is left out and shown on its own in section 7. The homes are compared four ways: by price, by living area, by year built and with or without a view. The first three are split into four equal groups (quartiles), each named by its range.

Each comparison has its own section (3–6) with everything about it in one place: the key differences, a table of every measure at a glance, the charts and the numbers.

2. Where the resale homes sold31 resale homes · colored by price range

Each dot is one resale home, colored by its price range. Use the buttons to show one price range at a time. Click a dot for that sale: address, close date, original and last list price, net sale price, living area, net sale per SF and days on market. Scroll or pinch to zoom.

Under $313K · 8 sales$313K–$360K · 8 sales$366K–$422K · 6 salesOver $422K · 9 sales
3. Quartiles by net sale priceResale homes · 31 sales · October 26, 2025 – October 25, 2026

Sales ranked by net sale price and cut into four equal groups. This is the usual way to read a market by price.

2026-10-26T05:27:25.355182 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ 8 8 6 9 31 sales Sales per group Under $313K: 8 sales (26%) $313K–$360K: 8 sales (26%) $366K–$422K: 6 sales (19%) Over $422K: 9 sales (29%)
Bottom line

3.1 Key differences

The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.

Under $313K$313K–$360K$366K–$422KOver $422K
Higher-priced homes Over $422K
  • Are much larger.
Lower-priced homes Under $313K
  • Are much smaller.

3.2 At a glance

Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.

Under $313K$313K–$360K$366K–$422KOver $422KReal difference?
Net price per SF$168 per SF$180 per SF$174 per SF$169 per SFunclear
Living area1,692 SFSmallest1,852 SF2,312 SF3,291 SFLargest✓ large
Year built2020201820202020unclear
Days on market68 days47 days150 days50 daysunclear
Discount from original list7.2%7.5%13.9%7.8%unclear
Price cut before sale62%50%83%56%unclear
Seller paid closing costs or repairs75%38%83%67%unclear
Has a view12%12%33%11%unclear

How to read this section. Each heading gives the finding. The gold box says whether the gap is real (✓, with its size) or could be chance (–). The section ends with its numbers; the tests are in section 8.3.

3.3 Net price per SF: no clear difference

2026-10-26T05:27:25.384804 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under $313K 8 sales $313K– $360K 8 sales $366K– $422K 6 sales Over $422K 9 sales $0 $100 $200 $168 $180 $174 $169 Net price per SF, average

The average is $169 per SF for homes over $422K and $168 per SF for homes under $313K. It does not move in a straight line; homes $313K–$360K are highest. Defined in 8.1.2.

– No clear difference · could be chance

3.4 Homes over $422K are about 1,600 SF (94%) larger than homes under $313K

2026-10-26T05:27:25.407661 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under $313K 8 sales $313K– $360K 8 sales $366K– $422K 6 sales Over $422K 9 sales 0 1,000 2,000 3,000 1,692 1,852 2,312 3,291 Living area (SF), average

The average is 3,291 SF for homes over $422K and 1,692 SF for homes under $313K. It rises step by step from the lowest range to the highest. Defined in 8.1.3.

✓ Real difference · large

3.5 Year built: no clear difference

2026-10-26T05:27:25.432342 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under $313K 8 sales $313K– $360K 8 sales $366K– $422K 6 sales Over $422K 9 sales 2017 2018 2019 2020 2020 2018 2020 2020 Year built: median (dot) and middle half (bar)

The median is 2020 for homes over $422K and 2020 for homes under $313K. It does not move in a straight line; homes under $313K are highest. Defined in 8.1.4.

– No clear difference · could be chance

3.6 Days on market: no clear difference

2026-10-26T05:27:25.455444 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under $313K 8 sales $313K– $360K 8 sales $366K– $422K 6 sales Over $422K 9 sales 0 50 100 150 68 47 150 50 Days on market, median

The median is 50 days for homes over $422K and 68 days for homes under $313K. It does not move in a straight line; homes $366K–$422K are highest. Defined in 8.1.5.

– No clear difference · could be chance

3.7 Discount from original list: no clear difference

2026-10-26T05:27:25.477891 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under $313K 8 sales $313K– $360K 8 sales $366K– $422K 6 sales Over $422K 9 sales 0.0% 5.0% 10.0% 15.0% 7.2% 7.5% 13.9% 7.8% Discount from original list, average

The average is 7.8% for homes over $422K and 7.2% for homes under $313K. It does not move in a straight line; homes $366K–$422K are highest. Defined in 8.1.6.

– No clear difference · could be chance

3.8 How often: price cut before sale, seller paid closing costs or repairs, has a view

2026-10-26T05:27:25.508450 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Price cut Seller paid costs or repairs Has a view 0% 25% 50% 75% 100% 62 75 12 50 38 12 83 83 33 56 67 11 Under $313K $313K–$360K $366K–$422K Over $422K

Each bar is the share of homes in the group, in percent.

  • 56% of homes over $422K had a price cut before sale, against 62% of homes under $313K. Defined in 8.1.7.
  • 67% of homes over $422K had the seller pay closing costs or repairs, against 75% of homes under $313K. Defined in 8.1.8.
  • 11% of homes over $422K have a view, against 12% of homes under $313K. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance

3.9 The numbers: price and size

Under $313K8 sales$313K–$360K8 sales$366K–$422K6 salesOver $422K9 salesAll31 salesReal difference?
Net sale price average$280,376$331,262$396,232$556,494$396,095by design
Net price per SF average$168$180$174$169$172unclear
Living area average1,6921,8522,3123,2912,317✓ large
Year built median20202018202020202020unclear

3.10 The numbers: selling

Under $313K8 sales$313K–$360K8 sales$366K–$422K6 salesOver $422K9 salesAll31 salesReal difference?
Days on market median68471505064unclear
Discount from original list average7.2%7.5%13.9%7.8%8.8%unclear
Price cut before sale62%50%83%56%61%unclear
Seller paid closing costs or repairs75%38%83%67%65%unclear
Has a view12%12%33%11%16%unclear

Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.1.

4. Quartiles by living areaResale homes · 31 sales · October 26, 2025 – October 25, 2026

Sales ranked by living area and cut into four equal groups, from the smallest homes to the largest.

2026-10-26T05:27:25.529697 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ 8 8 7 8 31 sales Sales per group Under 1,797 SF: 8 sales (26%) 1,797–2,033 SF: 8 sales (26%) 2,073–2,748 SF: 7 sales (23%) Over 2,748 SF: 8 sales (26%)
Bottom line

4.1 Key differences

The top group against the bottom group. Only real differences are listed. Section 8 explains each measure.

Under 1,797 SF1,797–2,033 SF2,073–2,748 SFOver 2,748 SF
Larger homes Over 2,748 SF
  • Sell for much more.
Smaller homes Under 1,797 SF
  • Sell for much less.

4.2 At a glance

Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.

Under 1,797 SF1,797–2,033 SF2,073–2,748 SFOver 2,748 SFReal difference?
Net sale price$300KLowest$314K$409K$563KHighest✓ large
Net price per SF$185 per SF$167 per SF$170 per SF$167 per SFunclear
Year built2020201820182020unclear
Days on market141 days68 days121 days57 daysunclear
Discount from original list7.9%8.4%10.5%8.6%unclear
Price cut before sale75%38%71%62%unclear
Seller paid closing costs or repairs100%25%57%75%unclear
Has a view12%12%29%12%unclear

4.3 Homes over 2,748 SF sell for about $263K (88%) more than homes under 1,797 SF

2026-10-26T05:27:25.550396 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under 1,797 SF 8 sales 1,797– 2,033 SF 8 sales 2,073– 2,748 SF 7 sales Over 2,748 SF 8 sales $0K $200K $400K $600K $300K $314K $409K $563K Net sale price, average

The average is $563K for homes over 2,748 SF and $300K for homes under 1,797 SF. It rises step by step from the lowest range to the highest. Defined in 8.1.1.

✓ Real difference · large

4.4 Net price per SF: no clear difference

2026-10-26T05:27:25.573546 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under 1,797 SF 8 sales 1,797– 2,033 SF 8 sales 2,073– 2,748 SF 7 sales Over 2,748 SF 8 sales $0 $100 $200 $185 $167 $170 $167 Net price per SF, average

The average is $167 per SF for homes over 2,748 SF and $185 per SF for homes under 1,797 SF. It does not move in a straight line; homes under 1,797 SF are highest. Defined in 8.1.2.

– No clear difference · could be chance

4.5 Year built: no clear difference

2026-10-26T05:27:25.598055 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under 1,797 SF 8 sales 1,797– 2,033 SF 8 sales 2,073– 2,748 SF 7 sales Over 2,748 SF 8 sales 2017 2018 2019 2020 2021 2020 2018 2018 2020 Year built: median (dot) and middle half (bar)

The median is 2020 for homes over 2,748 SF and 2020 for homes under 1,797 SF. It does not move in a straight line; homes under 1,797 SF are highest. Defined in 8.1.4.

– No clear difference · could be chance

4.6 Days on market: no clear difference

2026-10-26T05:27:25.621828 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under 1,797 SF 8 sales 1,797– 2,033 SF 8 sales 2,073– 2,748 SF 7 sales Over 2,748 SF 8 sales 0 50 100 150 141 68 121 57 Days on market, median

The median is 57 days for homes over 2,748 SF and 141 days for homes under 1,797 SF. It does not move in a straight line; homes under 1,797 SF are highest. Defined in 8.1.5.

– No clear difference · could be chance

4.7 Discount from original list: no clear difference

2026-10-26T05:27:25.644645 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Under 1,797 SF 8 sales 1,797– 2,033 SF 8 sales 2,073– 2,748 SF 7 sales Over 2,748 SF 8 sales 0.0% 5.0% 10.0% 7.9% 8.4% 10.5% 8.6% Discount from original list, average

The average is 8.6% for homes over 2,748 SF and 7.9% for homes under 1,797 SF. It does not move in a straight line; homes 2,073–2,748 SF are highest. Defined in 8.1.6.

– No clear difference · could be chance

4.8 How often: price cut before sale, seller paid closing costs or repairs, has a view

2026-10-26T05:27:25.671664 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Price cut Seller paid costs or repairs Has a view 0% 25% 50% 75% 100% 75 100 12 38 25 12 71 57 29 62 75 12 Under 1,797 SF 1,797–2,033 SF 2,073–2,748 SF Over 2,748 SF

Each bar is the share of homes in the group, in percent.

  • 62% of homes over 2,748 SF had a price cut before sale, against 75% of homes under 1,797 SF. Defined in 8.1.7.
  • 75% of homes over 2,748 SF had the seller pay closing costs or repairs, against 100% of homes under 1,797 SF. Defined in 8.1.8.
  • 12% of homes over 2,748 SF have a view, against 12% of homes under 1,797 SF. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance

4.9 The numbers: price and size

Under 1,797 SF8 sales1,797–2,033 SF8 sales2,073–2,748 SF7 salesOver 2,748 SF8 salesAll31 salesReal difference?
Net sale price average$300,130$314,196$408,699$562,931$396,095✓ large
Net price per SF average$185$167$170$167$172unclear
Living area average1,6211,8842,4193,3582,317by design
Year built median20202018201820202020unclear

4.10 The numbers: selling

Under 1,797 SF8 sales1,797–2,033 SF8 sales2,073–2,748 SF7 salesOver 2,748 SF8 salesAll31 salesReal difference?
Days on market median141681215764unclear
Discount from original list average7.9%8.4%10.5%8.6%8.8%unclear
Price cut before sale75%38%71%62%61%unclear
Seller paid closing costs or repairs100%25%57%75%65%unclear
Has a view12%12%29%12%16%unclear

Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.2.

5. Quartiles by year builtResale homes · 31 sales · October 26, 2025 – October 25, 2026

Sales ranked by year built and cut into four groups, from the oldest to the newest. Homes built in the same year always stay in the same group, so group sizes can differ a little.

2026-10-26T05:27:25.692335 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ 8 7 9 7 31 sales Sales per group Before 2018: 8 sales (26%) 2018–2019: 7 sales (23%) 2020: 9 sales (29%) After 2020: 7 sales (23%)
Bottom line: no measure differs enough between the groups to rule out chance.

5.1 Key differences

The top group against the bottom group: no measure differs enough to rule out chance.

5.2 At a glance

Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.

Before 20182018–20192020After 2020Real difference?
Net sale price$356K$461K$414K$353Kunclear
Net price per SF$175 per SF$191 per SF$159 per SF$168 per SFunclear
Living area2,048 SF2,381 SF2,643 SF2,143 SFunclear
Days on market35 days50 days90 days165 daysunclear
Discount from original list5.1%5.6%11.6%12.6%unclear
Price cut before sale50%43%67%86%unclear
Seller paid closing costs or repairs50%57%67%86%unclear
Has a view12%29%11%14%unclear

5.3 Net sale price: no clear difference

2026-10-26T05:27:25.713692 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Before 2018 8 sales 2018– 2019 7 sales 2020 9 sales After 2020 7 sales $0K $200K $400K $356K $461K $414K $353K Net sale price, average

The average is $353K for homes built after 2020 and $356K for homes built before 2018. It does not move in a straight line; homes built 2018–2019 are highest. Defined in 8.1.1.

– No clear difference · could be chance

5.4 Net price per SF: no clear difference

2026-10-26T05:27:25.736911 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Before 2018 8 sales 2018– 2019 7 sales 2020 9 sales After 2020 7 sales $0 $100 $200 $175 $191 $159 $168 Net price per SF, average

The average is $168 per SF for homes built after 2020 and $175 per SF for homes built before 2018. It does not move in a straight line; homes built 2018–2019 are highest. Defined in 8.1.2.

– No clear difference · could be chance

5.5 Living area: no clear difference

2026-10-26T05:27:25.758871 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Before 2018 8 sales 2018– 2019 7 sales 2020 9 sales After 2020 7 sales 0 1,000 2,000 3,000 2,048 2,381 2,643 2,143 Living area (SF), average

The average is 2,143 SF for homes built after 2020 and 2,048 SF for homes built before 2018. It does not move in a straight line; homes built 2020 are highest. Defined in 8.1.3.

– No clear difference · could be chance

5.6 Days on market: no clear difference

2026-10-26T05:27:25.780780 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Before 2018 8 sales 2018– 2019 7 sales 2020 9 sales After 2020 7 sales 0 50 100 150 35 50 90 165 Days on market, median

The median is 165 days for homes built after 2020 and 35 days for homes built before 2018. It rises step by step from the lowest range to the highest. Defined in 8.1.5.

– No clear difference · could be chance

5.7 Discount from original list: no clear difference

2026-10-26T05:27:25.803776 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Before 2018 8 sales 2018– 2019 7 sales 2020 9 sales After 2020 7 sales 0.0% 5.0% 10.0% 15.0% 5.1% 5.6% 11.6% 12.6% Discount from original list, average

The average is 12.6% for homes built after 2020 and 5.1% for homes built before 2018. It rises step by step from the lowest range to the highest. Defined in 8.1.6.

– No clear difference · could be chance

5.8 How often: price cut before sale, seller paid closing costs or repairs, has a view

2026-10-26T05:27:25.830139 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Price cut Seller paid costs or repairs Has a view 0% 25% 50% 75% 100% 50 50 12 43 57 29 67 67 11 86 86 14 Before 2018 2018–2019 2020 After 2020

Each bar is the share of homes in the group, in percent.

  • 86% of homes built after 2020 had a price cut before sale, against 50% of homes built before 2018. Defined in 8.1.7.
  • 86% of homes built after 2020 had the seller pay closing costs or repairs, against 50% of homes built before 2018. Defined in 8.1.8.
  • 14% of homes built after 2020 have a view, against 12% of homes built before 2018. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance

5.9 The numbers: price and size

Before 20188 sales2018–20197 sales20209 salesAfter 20207 salesAll31 salesReal difference?
Net sale price average$356,271$461,307$414,033$353,334$396,095unclear
Net price per SF average$175$191$159$168$172unclear
Living area average2,0482,3812,6432,1432,317unclear
Year built median20172018202020212020by design

5.10 The numbers: selling

Before 20188 sales2018–20197 sales20209 salesAfter 20207 salesAll31 salesReal difference?
Days on market median35509016564unclear
Discount from original list average5.1%5.6%11.6%12.6%8.8%unclear
Price cut before sale50%43%67%86%61%unclear
Seller paid closing costs or repairs50%57%67%86%65%unclear
Has a view12%29%11%14%16%unclear

Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.3.

6. View and no viewResale homes · 31 sales · October 26, 2025 – October 25, 2026

Sales where the MLS lists a view (greenbelt or park, trees, golf course, hill country, water and similar) against those listing none or only the neighborhood. 1 sales whose MLS view entry is only “See Remarks” are left out.

2026-10-26T05:27:25.849868 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ 5 25 30 sales Sales per group View: 5 sales (17%) No view: 25 sales (83%)
Bottom line: no measure differs enough between the groups to rule out chance.

6.1 Key differences

The top group against the bottom group: no measure differs enough to rule out chance.

6.2 At a glance

Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.

ViewNo viewReal difference?
Net sale price$422K$374Kunclear
Net price per SF$185 per SF$168 per SFunclear
Living area2,318 SF2,260 SFunclear
Year built20192020unclear
Days on market53 days79 daysunclear
Discount from original list9.4%8.9%unclear
Price cut before sale80%60%unclear
Seller paid closing costs or repairs100%60%unclear

6.3 Net sale price: no clear difference

2026-10-26T05:27:25.866645 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales $0K $200K $400K $422K $374K Net sale price, average

The average is $422K for homes with a view and $374K for homes without a view. Defined in 8.1.1.

– No clear difference · could be chance

6.4 Net price per SF: no clear difference

2026-10-26T05:27:25.885320 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales $0 $50 $100 $150 $200 $185 $168 Net price per SF, average

The average is $185 per SF for homes with a view and $168 per SF for homes without a view. Defined in 8.1.2.

– No clear difference · could be chance

6.5 Living area: no clear difference

2026-10-26T05:27:25.905031 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales 0 1,000 2,000 2,318 2,260 Living area (SF), average

The average is 2,318 SF for homes with a view and 2,260 SF for homes without a view. Defined in 8.1.3.

– No clear difference · could be chance

6.6 Year built: no clear difference

2026-10-26T05:27:25.983509 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales 2017 2018 2019 2020 2019 2020 Year built: median (dot) and middle half (bar)

The median is 2019 for homes with a view and 2020 for homes without a view. Defined in 8.1.4.

– No clear difference · could be chance

6.7 Days on market: no clear difference

2026-10-26T05:27:26.003388 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales 0 20 40 60 80 53 79 Days on market, median

The median is 53 days for homes with a view and 79 days for homes without a view. Defined in 8.1.5.

– No clear difference · could be chance

6.8 Discount from original list: no clear difference

2026-10-26T05:27:26.024092 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ View 5 sales No view 25 sales 0.0% 2.5% 5.0% 7.5% 10.0% 9.4% 8.9% Discount from original list, average

The average is 9.4% for homes with a view and 8.9% for homes without a view. Defined in 8.1.6.

– No clear difference · could be chance

6.9 How often: price cut before sale, seller paid closing costs or repairs

2026-10-26T05:27:26.043825 image/svg+xml Matplotlib v3.11.2, https://matplotlib.org/ Price cut Seller paid costs or repairs 0% 25% 50% 75% 100% 80 100 60 60 View No view

Each bar is the share of homes in the group, in percent.

  • 80% of homes with a view had a price cut before sale, against 60% of homes without a view. Defined in 8.1.7.
  • 100% of homes with a view had the seller pay closing costs or repairs, against 60% of homes without a view. Defined in 8.1.8.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance

6.10 The numbers: price and size

View5 salesNo view25 salesAll30 salesReal difference?
Net sale price average$421,628$373,832$381,798unclear
Net price per SF average$185$168$171unclear
Living area average2,3182,2602,270unclear
Year built median201920202020unclear

6.11 The numbers: selling

View5 salesNo view25 salesAll30 salesReal difference?
Days on market median537972unclear
Discount from original list average9.4%8.9%9.0%unclear
Price cut before sale80%60%63%unclear
Seller paid closing costs or repairs100%60%67%unclear

Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.4.

7. New constructionBasic statistics · 0 sales · October 26, 2025 – October 25, 2026

Homes sold new by the builder in the same 365 days. They are left out of every other section and shown here as basic figures only: 0 sales, no groups, no tests.

Note: these are only the new-construction sales reported in ABOR MLS. Builders often sell homes without listing them in the MLS, so these figures do not necessarily represent all new-construction sales in Santa Rita Ranch South.

No new-construction sales were reported in ABOR MLS in this window.

Same definitions as the rest of the study (section 8). New construction = NewConstructionYN true, or PropertyCondition “New Construction” or “Under Construction”.

8. AppendixMeasures, methods and tests

Each measure and method three ways: in plain words, as statistics, and with the data from this study.

8.1 Measures

8.1.1 Net sale price

In simple terms
What the seller actually kept: the closing price, less money the seller gave back to the buyer for closing costs or repairs. It is the truest price for comparing homes.
Statistically
Net = ClosePrice − ACTRIS_BuyersClsgCostPdbySell − ACTRIS_RepairsAmount (a blank counts as $0). Summarized by the arithmetic mean in the slices.
The data
31 resale sales. Average $396,095; median $360,000; standard deviation $132,221; middle half (25th–75th percentile) $312,333–$425,000; lowest $255,000, highest $825,000. 20 sales had a seller payment; their median payment was $7,803.

8.1.2 Net price per SF

In simple terms
Net sale price divided by the heated and cooled square feet. It puts homes of different sizes on the same footing: did buyers pay more for each square foot, not just for more square feet?
Statistically
psf = Net ÷ LivingArea, per sale; summarized by the mean of the per-sale ratios.
The data
31 resale sales. Average $172; median $170; standard deviation $24; middle half (25th–75th percentile) $156–$190; lowest $125, highest $220.

8.1.3 Living area

In simple terms
The heated and cooled space, as listed in the MLS. Garages and porches are not counted.
Statistically
RESO LivingArea, in square feet. Sales under 400 SF are treated as entry errors and left out.
The data
31 resale sales. Average 2,317; median 2,033; standard deviation 727; middle half (25th–75th percentile) 1,778–2,776; lowest 1,404, highest 3,827.

8.1.4 Year built

In simple terms
The year the home was finished, as listed in the MLS. It shows whether a group leans to older or newer phases of the community.
Statistically
RESO YearBuilt; summarized by the median, with the 25th–75th percentile (middle half) on the charts.
The data
31 resale sales. Average 2019; median 2020; standard deviation 2; middle half (25th–75th percentile) 2018–2020; lowest 2015, highest 2023.

8.1.5 Days on market

In simple terms
How many days the home was on the market before the buyer's offer was accepted, counting any earlier listing periods (relists). This is the days on market agents and clients quote.
Statistically
CDOM = max(CumulativeDaysOnMarket, DaysOnMarket, PurchaseContractDate − ListingContractDate). The MLS counter can freeze at a price change, so the contract-date gap is a floor. Summarized by the median, because a few homes that sat for months pull an average up.
The data
31 resale sales. Average 102; median 64; standard deviation 97; middle half (25th–75th percentile) 30–150; lowest 4, highest 316. 0 sales went under contract on their listing date (0 days).

8.1.6 Discount from original list

In simple terms
How far below the first asking price the home sold, after seller payments. It measures how much negotiating room sellers gave up. A negative figure means the home sold above its first asking price.
Statistically
Discount % = (OriginalListPrice − Net) ÷ OriginalListPrice × 100, per sale; summarized by the mean.
The data
31 resale sales. Average 8.8%; median 8.0%; standard deviation 7.4%; middle half (25th–75th percentile) 3.3%–11.9%; lowest −7.8%, highest 27.0%. 1 sales closed above their first asking price.

8.1.7 Price cut before sale

In simple terms
The asking price was lowered at least once before the home went under contract.
Statistically
Indicator: ListPrice at close < OriginalListPrice. Reported as the share of sales (%).
The data
19 of 31 resale sales (61.3%).

8.1.8 Seller paid closing costs or repairs

In simple terms
The seller paid some of the buyer's closing costs or repairs.
Statistically
Indicator: ACTRIS_BuyersClsgCostPdbySell + ACTRIS_RepairsAmount > 0. Reported as the share of sales (%).
The data
20 of 31 resale sales (64.5%).

8.1.9 Has a view

In simple terms
The MLS says the home looks over something: a greenbelt or park, trees, golf course, hill country, water and similar.
Statistically
View = the View field holds any entry other than “None”, “Neighborhood” or “See Remarks”. No view = only “None” and/or “Neighborhood”. A record whose only entry is “See Remarks” cannot be classified and is left out of the view slice.
The data
5 sales with a view, 25 without, 1 unclassified. Most common View entries: None 14, Neighborhood 12, Park/Greenbelt 2, Pasture 2, Trees/Woods 2, City 1.

8.2 Methods

8.2.1 Data source

In simple terms
Every figure comes from the Austin Board of REALTORS® MLS, read live by ALEX. No figure is estimated or typed in.
Statistically
Bridge Interactive RESO Web API (OData), ABOR dataset, every field returned. Filter: StandardStatus = Closed, PropertyType = Residential, City = Liberty Hill, SubdivisionName contains any of “santa rita ranch south” (case-insensitive). A record is kept when its subdivision name belongs to the Santa Rita Ranch South family, the same rule comparable sales use.
The data
Pulled October 26, 2026: 34 closed Santa Rita Ranch South records over the prior year, in ZIP 78642. 15 subdivision spellings kept, the most common: Santa Rita Ranch South Sec 16 (5); Santa Rita Ranch South (5); Santa Rita Ranch South Sec 17 (4); Santa Rita Ranch South Sec 12 (4); Santa Rita Ranch South Sec 9A (3); Santa Rita Ranch South Sec 4B (2); SANTA RITA RANCH SOUTH (2); Santa Rita Ranch South Sec 11 (2); Santa Rita Ranch South Sec 5A (1); Santa Rita Ranch South Sec 13 (1); Santa Rita Ranch South Sec 15 (1); Santa Rita Ranch South Sec 7C (1); and 3 more (3 records). No other names were found by the search.

8.2.2 Study window

In simple terms
The most recent 365 days of closed sales: recent enough to describe today's market, long enough to give each group plenty of sales. The usual window is 180 days; it holds only 16 resale sales here (under 80), so the full year is used.
Statistically
CloseDate from October 26, 2025 to October 25, 2026 inclusive.
The data
31 single-family sales in the window: 31 resale, 0 new construction.

8.2.3 Resale and new construction

In simple terms
A resale home was previously owned. New construction is sold by the builder and behaves differently, so it is kept out of every analysis and reported once on its own.
Statistically
New construction = NewConstructionYN true, or PropertyCondition contains “New Construction” or “Under Construction”. Everything else is resale.
The data
31 resale; 0 new construction.

8.2.4 Sales left out

In simple terms
A few records cannot be used as entered and are left out before any analysis.
Statistically
Excluded: PropertySubType other than Single Family Residence; no OriginalListPrice; LivingArea under 400 SF; seller payments above 10% of ClosePrice (treated as entry errors).
The data
3 sale(s) other than single-family homes (condo, townhome and similar)

8.2.5 Quartiles and groups

In simple terms
Sales lined up from lowest to highest and cut into four groups of about equal size. Each group is named by its range, for example “Under $313K”.
Statistically
Sort by the slicing variable; cut k sits at round(nk/4), k = 1…3. A cut that would split tied values moves to the nearer edge of the tie. A group under 3 sales merges into its smaller neighbor. Range names use the next group's lowest value (“Under”) and the previous group's highest value (“Over”/“After”).
The data
Quartiles by net sale price: Under $313K: $255,000–$311,366 (8 sales); $313K–$360K: $313,300–$360,000 (8 sales); $366K–$422K: $366,500–$422,500 (6 sales); Over $422K: $425,000–$825,000 (9 sales)
Quartiles by living area: Under 1,797 SF: 1,404–1,760 SF (8 sales); 1,797–2,033 SF: 1,797–2,033 SF (8 sales); 2,073–2,748 SF: 2,073–2,748 SF (7 sales); Over 2,748 SF: 2,805–3,827 SF (8 sales)
Quartiles by year built: Before 2018: 2015–2017 (8 sales); 2018–2019: 2018–2019 (7 sales); 2020: 2020–2020 (9 sales); After 2020: 2021–2023 (7 sales)
View and no view: View: MLS lists a view (5 sales); No view: None or Neighborhood (25 sales)

8.2.6 Average and median

In simple terms
The average adds the values and divides by how many; one very expensive home can pull it up. The median is the middle value, with half above and half below.
Statistically
Mean x̄ = (1/n) Σ xᵢ; median = 50th percentile. Price, price per SF, living area and discount use the mean; days on market and year built use the median (skewed or whole-year values).
The data
Net sale price: average $396,095, median $360,000. Days on market: average 102, median 64: the average is pulled up by a few long listings.

8.2.7 Kruskal–Wallis test

In simple terms
Checks whether a measure really differs across the four groups of a slice. It uses each sale's rank, not its value, so a few extreme sales cannot drive the answer.
Statistically
H = [12/(n(n+1))] Σ Rⱼ²/nⱼ − 3(n+1), compared with χ² on k − 1 degrees of freedom (Kruskal & Wallis, 1952). Effect size ε² = H/(n − 1): ≥ .01 small, ≥ .06 medium, ≥ .14 large (Tomczak & Tomczak, 2014). A slice is tested only when every group has at least 5 sales; smaller groups are described, not tested.
The data
Run on every measure in sections 3–5; each result is in 8.3.

8.2.8 Mann–Whitney U test

In simple terms
The same check when there are only two groups: view against no view.
Statistically
Two-sided U test (Mann & Whitney, 1947). Effect size = rank-biserial correlation |1 − 2U/(n₁n₂)|: ≥ .10 small, ≥ .30 medium, ≥ .50 large (Kerby, 2014; Cohen, 1988).
The data
Run on every measure in section 6; results in 8.3.

8.2.9 Chi-square test

In simple terms
Checks whether a yes/no share (price cut, seller payment, view) differs between groups more than chance would.
Statistically
Pearson χ² on the 2 × k table of counts, no continuity correction (Pearson, 1900). Effect size Cramér's V = √(χ²/n): ≥ .10 small, ≥ .30 medium, ≥ .50 large (Cramér, 1946).
The data
Run on the three shares in every slice; results in 8.3.

8.2.10 Real difference (significance)

In simple terms
“Real difference” means a gap this large would be very unlikely if the groups were really alike. Because many measures are checked in each slice, the bar is set higher than usual.
Statistically
Significant when p < 0.05 ÷ m, where m is the number of measures tested in that slice (Bonferroni; Dunn, 1961). The slicing variable itself differs by design and is not tested.
The data
Quartiles by net sale price: m = 8, threshold p < 0.0063; Quartiles by living area: m = 8, threshold p < 0.0063; Quartiles by year built: m = 8, threshold p < 0.0063; View and no view: m = 8, threshold p < 0.0063

8.2.11 Size of a difference

In simple terms
A difference can be real but small. The size word (small, medium, large) says how much the groups pull apart.
Statistically
ε² for Kruskal–Wallis, rank-biserial r for Mann–Whitney, Cramér's V for chi-square, with the thresholds above; below the small threshold the size is “negligible”.
The data
2 real differences across the four slices; sizes are listed in 8.3.

8.2.12 Rounding in the text

In simple terms
Headings and sentences round figures so they read easily; the tables at the end of each section give them in full.
Statistically
Prices in headings round to the nearest $1K; price per SF and days on market to the nearest whole number; living area to the nearest 10 SF; shares and percentage gaps to whole percents.
The data
Days on market is always shown in days.

8.3 Test results

Every test behind every gold box. Statistic, degrees of freedom (df), p-value, the threshold it must beat, and the size of the difference.

8.3.1 Quartiles by net sale price

MeasureTestStatisticdfp-valueThresholdReal difference?Effect sizeSize
Net price per SFKruskal–WallisH = 1.3630.7147p < 0.0063Unclearε² = 0.045small
Living areaKruskal–WallisH = 23.693< 0.0001p < 0.0063Yesε² = 0.790large
Year builtKruskal–WallisH = 2.6930.4427p < 0.0063Unclearε² = 0.090medium
Days on marketKruskal–WallisH = 5.5930.1333p < 0.0063Unclearε² = 0.186large
Discount from original listKruskal–WallisH = 3.4830.3231p < 0.0063Unclearε² = 0.116medium
Price cut before saleChi-squareχ² = 1.7930.6175p < 0.0063UnclearCramér’s V = 0.240small
Seller paid closing costs or repairsChi-squareχ² = 3.8830.2746p < 0.0063UnclearCramér’s V = 0.354medium
Has a viewChi-squareχ² = 1.6430.6512p < 0.0063UnclearCramér’s V = 0.230small

8.3.2 Quartiles by living area

MeasureTestStatisticdfp-valueThresholdReal difference?Effect sizeSize
Net sale priceKruskal–WallisH = 23.953< 0.0001p < 0.0063Yesε² = 0.798large
Net price per SFKruskal–WallisH = 3.7130.2951p < 0.0063Unclearε² = 0.124medium
Year builtKruskal–WallisH = 6.6430.0843p < 0.0063Unclearε² = 0.221large
Days on marketKruskal–WallisH = 1.4630.6911p < 0.0063Unclearε² = 0.049small
Discount from original listKruskal–WallisH = 0.5930.8987p < 0.0063Unclearε² = 0.020small
Price cut before saleChi-squareχ² = 2.8530.4153p < 0.0063UnclearCramér’s V = 0.303medium
Seller paid closing costs or repairsChi-squareχ² = 10.4130.0154p < 0.0063UnclearCramér’s V = 0.579large
Has a viewChi-squareχ² = 1.0330.7928p < 0.0063UnclearCramér’s V = 0.183small

8.3.3 Quartiles by year built

MeasureTestStatisticdfp-valueThresholdReal difference?Effect sizeSize
Net sale priceKruskal–WallisH = 1.3730.7127p < 0.0063Unclearε² = 0.046small
Net price per SFKruskal–WallisH = 5.9330.1153p < 0.0063Unclearε² = 0.198large
Living areaKruskal–WallisH = 1.4830.6860p < 0.0063Unclearε² = 0.049small
Days on marketKruskal–WallisH = 5.0130.1708p < 0.0063Unclearε² = 0.167large
Discount from original listKruskal–WallisH = 5.5730.1346p < 0.0063Unclearε² = 0.186large
Price cut before saleChi-squareχ² = 3.3030.3474p < 0.0063UnclearCramér’s V = 0.326medium
Seller paid closing costs or repairsChi-squareχ² = 2.2930.5135p < 0.0063UnclearCramér’s V = 0.272small
Has a viewChi-squareχ² = 1.0630.7857p < 0.0063UnclearCramér’s V = 0.185small

8.3.4 View and no view

MeasureTestStatisticdfp-valueThresholdReal difference?Effect sizeSize
Net sale priceMann–Whitney UU = 76.00—0.4694p < 0.0063Unclearrank-biserial r = 0.216small
Net price per SFMann–Whitney UU = 94.00—0.0846p < 0.0063Unclearrank-biserial r = 0.504large
Living areaMann–Whitney UU = 64.00—0.9556p < 0.0063Unclearrank-biserial r = 0.024negligible
Year builtMann–Whitney UU = 61.50—0.9773p < 0.0063Unclearrank-biserial r = 0.016negligible
Days on marketMann–Whitney UU = 76.00—0.4694p < 0.0063Unclearrank-biserial r = 0.216small
Discount from original listMann–Whitney UU = 73.00—0.5888p < 0.0063Unclearrank-biserial r = 0.168small
Price cut before saleChi-squareχ² = 0.7210.3969p < 0.0063UnclearCramér’s V = 0.155small
Seller paid closing costs or repairsChi-squareχ² = 3.0010.0833p < 0.0063UnclearCramér’s V = 0.316medium

8.4 Data notes

Left out of the analysis: 0 new-construction sales (basic statistics only, section 7); 3 sale(s) other than single-family homes (condo, townhome and similar). Statistics: Python, NumPy 2.5.3, SciPy 1.18.1.

8.5 References

  1. Cohen, J. (1988). Statistical Power Analysis for the Behavioral Sciences (2nd ed.). Erlbaum.
  2. Cramér, H. (1946). Mathematical Methods of Statistics. Princeton University Press.
  3. Dunn, O. J. (1961). Multiple comparisons among means. JASA, 56(293), 52–64.
  4. Kerby, D. S. (2014). The simple difference formula: an approach to teaching nonparametric correlation. Comprehensive Psychology, 3, 11.IT.3.1.
  5. Kruskal, W. H., & Wallis, W. A. (1952). Use of ranks in one-criterion variance analysis. JASA, 47(260), 583–621.
  6. Mann, H. B., & Whitney, D. R. (1947). On a test of whether one of two random variables is stochastically larger than the other. Annals of Mathematical Statistics, 18(1), 50–60.
  7. Pearson, K. (1900). On the criterion that a given system of deviations… Philosophical Magazine, 50(302), 157–175.
  8. Tomczak, M., & Tomczak, E. (2014). The need to report effect size estimates revisited. Trends in Sport Sciences, 21(1), 19–25.

This is a market study of closed sales, not an appraisal or an opinion of value for any home. The analysis covers 31 closed MLS resale sales; the 0 new-construction sales appear only in their own section, as basic statistics. Sale and listing data: ABOR MLS via secure APIs, pulled October 26, 2026. Map data © OpenStreetMap contributors. ALEX Companies · Licensed by the Texas Real Estate Commission · Broker: Alexander Tiffany Southwest, LLC (ALEX Real Estate), #565194-BB · Diane Hart Alexander, Designated Broker, #574877-B.