Round Rock: How List Prices Compare to Final Sales in October

In October, the median home in Round Rock sold for $390,000, down 3.7% from September and 2.7% lower than the same month last year. This price adjustment occurred alongside a shift in negotiation dynamics: 86.2% of homes sold for less than their original list price, up from 83.1% in September. The list-to-sale price ratio, which measures the final sale price as a percentage of the original asking price, stood at 94%. This indicates that buyers successfully negotiated an average discount of 6% off the initial ask. While this ratio improved slightly by 0.2% compared to the prior month and is up 0.3% from last year, it remains below the 100% mark where homes sell for full list price. ALEX Intelligence analyzed the relationship between original listing prices and final closing figures across 123 closed sales to determine this trend. The data shows that while the median price per square foot rose 1.6% month-over-month to $195, the gap between asking and selling prices has widened slightly as inventory levels adjust. For sellers, understanding this ratio is critical for setting realistic expectations. For buyers, it suggests continued room for negotiation on homes listed at or above market value. The median days on market remained steady at 42 days, indicating that while prices are adjusting, the pace of sales has not slowed significantly. Want to see this home? Call or text George at 713.918.9951 for a private 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