Steiner Ranch Market Recap 2025 TL;DR Version
• 2020 and 2021 were exceptional, non-repeatable years driven by COVID, ultra-low interest rates, and extreme supply shortages. They should not be used as a pricing baseline.
• From 2022 through 2023, the market normalized as rates rose and buyer urgency cooled. This was a reset, not a crash.
• In 2024 and 2025, prices softened modestly from peak levels and are now stabilizing. The market is balanced, not distressed.
• Median and average prices declined in part because fewer high-end homes sold. A shift in the mix of homes on the market influenced the numbers. This does not mean all property values dropped by the same %.
• Buyers in 2025 were not in a hurry. They took their time, compared options, and made deliberate decisions. Choice shifted leverage toward buyers, but demand remained.
• Days on market mattered more than ever. The longer a home sat, the more perceived value declined in the buyer’s mind.
• 32% of homes sold in 14 days or less and closed just 1.5% below original list price. These homes were priced correctly from the start.
• 46% of homes sold in under 30 days and achieved pricing close to list. “Close to asking” today is very different than during the COVID years, when homes routinely sold 3% over list.
• 72% of homes sold within 90 days. As a group, these homes sold for an average of just 4.2% below original list price. This is not a weak market.
• Once listings exceeded 90 days on market, results dropped sharply. Homes selling after 120 days closed nearly 14% below original list price on average.
• Not all listings sold. In 2025, 338 homes were listed in 78732, but only 198 sold. About 28% of listings either expired or were withdrawn, reinforcing that pricing and positioning matter.
• This is a market that rewards accuracy, preparation, and experience. Strategy matters more than momentum.
• Choosing the right agent is more important than it has been in years. Sellers benefit from hyper-local knowledge, full-market analysis, and correct pricing from day one.
• I’ve sold over 300 homes in Steiner Ranch and have lived, worked, and studied this market for nearly 20 years. You can download my guide on questions to ask when interviewing agents, or simply call me.
