Steiner Ranch Market News

Steiner Ranch | Monthly Market Report

Steiner Ranch home sales are climbing this year. The average price is telling a different story.

Year-to-date closings in Steiner Ranch are running well ahead of last year's pace, even as the trailing average sale price has cooled. Here's what actually happened in August, drawn from every closed sale in the neighborhood.

August 2026 data, published September 2026. Source: ABOR.

YTD home sales
+12%
vs Jan-Aug 2025
and yet
Trailing 12-mo average price
−7%
vs prior 12 months
When year-to-date sales climb and the trailing average price falls, the usual explanation is a change in the mix of what closed, not a drop in value. The trailing median price, a steadier read on typical value, is down just 0.6 percent over the same span, pointing to fewer high-end outlier sales in the current window than the one before it.

August at a glance

Homes sold
18
▲ 5.9% vs Aug 2025
Median sale price
$1,045,000
▼ 0.5% vs Aug 2025
Average sale price
$1,077,972
▼ 8.4% vs Aug 2025
Price per sq ft
$289
▼ 1.4% vs Aug 2025
Median days to sell
26
No change vs Aug 2025
Close-to-list ratio
97.5%
▼ 0.5 pts vs Aug 2025
Active listings
69
▲ 4.5% vs Aug 2025
New listings
16
▲ 14.3% vs Aug 2025
Months of inventory
3.8
▼ 0.1 vs Aug 2025
Trailing 12 months & year to date
Rolling 12-mo average price
$964,632
Prior 12 months: $1,032,005
▼ 6.5%
Rolling 12-mo median price
$874,551
Prior 12 months: $880,106
▼ 0.6%
YTD home sales
154
Jan-Aug 2025: 137
▲ 12.4%

Closed sales, last six months

15
25
24
25
28
18
MarAprMayJunJulAug

July's 28 closings remain the high point of the past year. August cooled to a more typical pace while still running well ahead of last year.

The story this month

Eighteen homes closed in Steiner Ranch this August, keeping the neighborhood on the same active pace it has held most of this year. Year-to-date sales are running 12 percent ahead of last year through the same eight months, a bigger story than any single month can tell.

The trailing twelve-month average price is down about 6.5 percent from the twelve months before it, but the trailing median moved only 0.6 percent. That gap points to fewer high-end sales pulling the average up in the prior window, not a real shift in home values. Price per square foot for August itself stayed close to the median's movement, which supports the same read.

On the ground, several homes that had been sitting for months finally found buyers this August, and a lot of the backlog inventory has now cleared. Open house traffic has picked up too, with buyers increasingly asking about access to UT, a sign of demand that could move quickly if more sellers list this fall.

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If you own here

Homes that had been sitting are starting to sell, and a lot of the backlog has cleared. If your home has been on the market for a while, this may be the moment buyer attention finally circles back.

Open house traffic is picking up too, especially from buyers focused on UT access. If you have been waiting for the right window to list this fall, the early signs point to real demand waiting on the sidelines.

If you're buying here

Do not read this month's average price drop as prices falling 8 percent. The median barely moved, and the gap comes down to which homes closed this year versus last, not a change in value.

Inventory has held steady even as sales climbed, so competition has not eased. Expect more new listings this fall as pent-up seller interest starts to show up.

By the numbers

MetricAug 2025Aug 2026Change
Homes sold1718+5.9%
Median sale price$1,050,000$1,045,000−0.5%
Average sale price$1,177,059$1,077,972−8.4%
Median price per sq ft$293$289−1.4%
Median days to sell2626No change
Close-to-list price ratio98.0%97.5%−0.5 pts
Close-to-original-list ratio98.0%96.5%−1.5 pts
Active listings6669+4.5%
New listings1416+14.3%
Months of inventory3.93.8−0.1
These numbers describe the neighborhood. They don't describe your home.

In a month where the mix moved this much, the difference matters more than usual. Find out where your home actually sits in this data before you make any decision, not after.

See what your home is worth

Source: ABOR. Figures reflect closed single-family sales in Steiner Ranch (78732) for the month shown, compared with the same month one year prior. Medians describe the middle of the month's closed sales and vary with the mix of homes sold. Trailing twelve-month figures are calculated from monthly MLS data and are an approximation, not a recomputed transaction-level figure. For stats specific to your subdivision or home, reach out any time.

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