Buyers are paying well under first asking for Parkside Peninsula resales, at a median 84.1% of original asking price over the last twelve months against 94.0% for Georgetown as a whole. They weigh a resale against the new homes Highland Homes and Perry Homes are still selling here. I would price a resale from what homes here have actually closed for, and I would ignore the asking prices of the homes listed around it.
The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.
Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.
Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.
Contact me for off-market private luxury listings you will never see online
248 Georgetown homeowners have trusted my real estate team to sell their home in the MLS, and that count does not include a single buyer my team has represented. Everything on this page comes from the same MLS record I use to price those homes.
Your main competition is the builders. Highland Homes has 7 homes for sale here and Perry Homes has 2, which is most of what a buyer can tour in Parkside Peninsula today.
The sales record points the same way. Of the 26 homes that sold in the last twelve months, 15 were new construction, and most of the others were only a year or two old.
For a resale owner, that means the buyer walking through your house has a brand-new option in the same neighborhood. When I price a resale here, I start from the fact that your home is finished and move-in ready, and I set the number knowing the buyer can still order new.
On the twelve-month basis, Parkside Peninsula is a buyer’s market. That reading covers the neighborhood as a whole, and the price range your home falls in can put it in a different market than the median.
The year before looked very different. In the prior twelve months, buyers here paid 94.5% of original asking, close to what the rest of Georgetown pays today.
The last 90 days came in at 82.7% on a thin sample of eight sales, lower still than the twelve-month result in the chart. That window fell mostly in summer, when sellers usually see the most buyers, and I read the weaker result as a sign that the pressure on asking prices here has not let up.
Prices here are down, with price per square foot falling from $243 in the prior twelve months to $214 in the last twelve months.
The homes that sold were the same size both years, with the median going from 2,589 to 2,594 square feet. With size that steady, I read the lower price per foot as a real drop in what the same house sells for today compared with a year earlier.
If you bought here new, I would put your purchase price next to today’s price per foot before you decide anything, because that gap shows how much room you have when you sell.
Homes here took a median 136 cumulative days to contract over the last twelve months, against 84 days in the prior twelve months.
Cumulative days to contract keeps the clock running when a home is pulled and relisted, and I track it because that is the wait an owner actually lives through. An owner selling here now carries the house for months longer than a seller did a year earlier, and I would count that carrying cost as part of the decision.
Supply explains much of the wait. Parkside Peninsula has 6.5 months of supply, against 4.7 months for Georgetown overall.
If I owned a resale here and needed to move within the year, I would list now and price it against the closed sales. With 6.5 months of supply and Highland Homes alone holding 7 listings, buyers have plenty to compare, and holding out for a higher number has meant a longer wait here.
The asking prices around you are a poor guide. The median asking price of homes for sale today is $672,445, against a median sale price of $564,250 over the last twelve months.
Of the 14 homes for sale right now, 9 have already come down from their first price. A home priced to match today’s asking prices starts well above what buyers here have been paying, and I would rather you start at the number buyers have shown they will pay.
My team builds a Home Competitor Analysis for your address that shows you which homes a buyer weighs against yours before making an offer:
No obligation. The report for Parkside Peninsula comes first. Then I walk the home with you before we talk about price.
If you bought new here in 2025 or 2026, you are selling close to the same product a buyer can still order from a builder in the neighborhood. I would put your floor plan next to the closest builder listing and price against that home, because your purchase price is not what a buyer here compares you to.
If your home is one of the older ones here, you are in a small group, since homes built before 2025 made up only 5 of the 26 sales. I would sell it on being settled and finished, and price it against the closed resales rather than the builder asking prices.
If you do not need to move soon, you can afford to watch before you commit. I would follow how many of the builder homes go under contract and how many resale owners cut their price over the next few months, then decide with that in hand.
The Home Competitor Analysis shows the homes you would have to beat, what they are asking, how long they have been on the market, which have cut their price, and how your home may compare.
Sources: Unlock MLS (ACTRIS) via MLS Grid, my analysis, pulled October 15, 2026. The neighborhood is the MLS subdivision name. Homes are counted by closing date. Prices as a share of original asking use each home’s original list price.
Last updated October 15, 2026. Closings: twelve months ending October 15, 2026 and the 90 days ending October 15, 2026. Homes for sale: as of October 15, 2026.
