Thrall: List-to-Sale Ratios Drop to 90.9%

In Thrall, homes are selling for less than their original asking prices more often than before. The median list-to-sale price ratio dropped to 0.909, meaning sellers received 90.9% of their initial list price on average. This figure represents a 7.1% decline compared to the prior period and the same window last year. ALEX Intelligence analyzed the relationship between original listing prices and final sale prices for 13 single-family homes sold in the rolling 12 months ending Oct 31, 2026. The data shows that 84.6% of these transactions closed below the original list price, up from 69.2% in the previous comparable period. The median sale price for a home in Thrall is now $351,000, down 20% from $439,000 in the prior period. This shift coincides with a significant increase in time on market; homes took an average of 131 days to sell, a 627.8% rise compared to the 18 days recorded previously. The list-to-sale ratio serves as a key indicator of pricing accuracy and negotiation leverage. A ratio below 1.0 indicates that buyers successfully negotiated price reductions from the original asking amount. In this market, the gap between what sellers asked and what they received has widened considerably over the last year. Current mortgage rates stand at 7.11% according to Freddie Mac data for the week of Nov 12, 2026. This rate environment influences buyer purchasing power and may contribute to the observed shifts in pricing dynamics within the Thrall market. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Based on 13 closed sales in the 12 months ending Oct 31, 2026. 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