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Are Rim Rock buyers in Dripping Springs still signing contracts after a year of lower sale prices?

Quick answer

Three Rim Rock homes in Dripping Springs are active under contract as of October 16, 2026, so buyers are still signing, though price per square foot was $289 over the twelve months against $323 the year before. In my read, the twelve months are the fair basis because only five homes closed in the latest three months, and they read balanced for Rim Rock overall. A price point changes which market a home is in.

What we analyzed

Sources: Unlock MLS, pulled October 16, 2026.

Selling above $1M? Part of this market never goes online

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

Step 1 of 4

40 Dripping Springs homeowners have trusted my real estate team to sell their home in the MLS, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes. That includes 2 in Rim Rock.

Already have a rough idea of your price range? Skip down to see whether these numbers fit your home, or plug in your address for a closer look.

Every number on this page covers Rim Rock only. What the Dripping Springs market as a whole means for a seller is on Selling in Dripping Springs, TX? What to know from Heritage to Driftwood.

Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.

Are Rim Rock buyers still signing contracts?

Rim Rock has five homes for sale as of October 16, 2026, and three more are active under contract, with none pending. The MLS counts those as separate statuses, so the three are homes a buyer has already chosen and are not part of the five.

That is a short list for a buyer to choose from, and 7 new listings came on in the last three months. Two of the five homes for sale are priced below where they started.

None of the five is a builder listing. A buyer weighing your home is weighing it against another resale.

What a square foot sold for in Rim Rock Median price per square foot of homes that sold, periods ending October 15, 2026. Dripping Springs shown for comparison. Rim Rock, 90 days $341 Rim Rock, twelve months $289 Rim Rock, prior twelve months $323 Dripping Springs, twelve months $250 Source: Unlock MLS, pulled October 16, 2026.
Figure 1. Median price per square foot of homes that sold: Rim Rock, 90 days $341; Rim Rock, twelve months $289; Rim Rock, prior twelve months $323; Dripping Springs, twelve months $250. Periods end October 15, 2026; the prior twelve months end one year earlier. Source: Unlock MLS, pulled October 16, 2026.

How far have Rim Rock sale prices come down?

Price per square foot was $289 over the twelve months ending October 15, 2026, against $323 in the twelve months before.

The median sale price was $940,000 over the past twelve months and $1,111,500 in the twelve months before. The past twelve months closed 23 homes and the twelve before closed 20.

The latest three months point the other way. The typical home closed at $341 a square foot, against $323 in the same three months last year, but five homes closed in each of those periods, and in my read five sales cannot overturn a twelve-month reading.

Table 1. Rim Rock sales in each period. Each row stands on its own. Source: Unlock MLS.

PeriodSoldMedian sale priceMedian days on marketShare of original asking pricePrice per square foot
90 days ending October 15, 20265$1,075,00094 days90.6%$341
Same 90 days, 2025 (July 18, 2025 to October 15, 2025)5$1,005,00074 days89.3%$323
Twelve months ending October 15, 202623$940,00037 days94.5%$289
Prior twelve months (October 16, 2024 to October 15, 2025)20$1,111,50051 days94.6%$323

Is Rim Rock a buyer’s market or a balanced one?

Over the past twelve months Rim Rock homes closed at 94.5% of original asking, which reads balanced for Rim Rock overall. A price point changes which market a home is in, and the three-month sample is too small to read.

Months of inventory, which is how long it would take to sell every home for sale if no new ones came on, is 2.6 on the twelve-month basis. That is tighter than a balanced reading usually carries, because only a handful of homes are listed at once.

None of the five homes that closed in the last three months closed at or above its original asking, so no recent sale held its first price. How days to contract separate quick sales from slow ones is on Why does a Dripping Springs listing sit? Check it against the homes around it.

Table 2. Rim Rock compared with the Austin metro. Sales are from the 90 days ending October 15, 2026; homes for sale are as of October 16, 2026. “Failed to sell” means the listing expired or was withdrawn without selling. Source: Unlock MLS.

MeasureRim RockAustin metro
Homes sold58,186
Median sale price$1,075,000$405,000
Median days on market94 days56 days
What homes sold for relative to their initial asking price90.6%94.3%
Price per square foot (median)$341$204
Homes for sale516,289
Months of supply3.06.0
Buyer’s or seller’s marketbuyer’s marketbalanced
Listings that failed to sell35,425
Share of listings that failed to sell37.5%39.9%
Active under contract31,416
Pending02,034
New listings in the last 90 days712,212
Homes for sale priced below their original asking price2 (40.0%)58.9%

How does Rim Rock compare with the rest of Dripping Springs?

Rim Rock sells at a higher price than the town. Its twelve-month median was $940,000, against $646,500 for Dripping Springs as a whole.

Price per square foot tells the same story, $289 against $250.

The sale price as a share of original asking is level, 94.5% against 94.4%, and both read balanced, each for its own geography. A price point changes which market a home is in. The town-wide picture is on Selling in Dripping Springs, TX? What to know from Heritage to Driftwood.

Table 3. Rim Rock beside Dripping Springs as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.

MeasureRim Rock, 90 daysDripping Springs, 90 daysRim Rock, twelve monthsDripping Springs, twelve months
Homes sold515323696
Median sale price$1,075,000$630,000$940,000$646,500
Median days on market94 days62 days37 days53 days
Share of original asking price90.6%93.8%94.5%94.4%
Price per square foot (median)$341$242$289$250

What kind of homes sell in Rim Rock?

Rim Rock homes that sell are resales. Every home that closed in the last three months was one, and so was every sale in the past twelve months, with no builder listings in the MLS record for Rim Rock.

The five recent closings were built between 2000 and 2024, and the typical one had 3,532 square feet of living area. The MLS records Rim Rock by section, and the table shows how the closings divide.

Table 4. Rim Rock subdivisions by closings in the twelve months ending October 15, 2026, with the median build year of what sold and the count for sale as of October 16, 2026. Source: Unlock MLS.

Subdivision (MLS name)Sold, twelve monthsMedian sale priceMedian build yearFor sale
Rim Rock Ph Two Sec Four4n/an/a1
Rim Rock3n/an/a0
Rim Rock Ph Two Sec Three3n/an/a0
Rim Rock Ph 1 Sec 13n/an/a2
Rim Rock Ph Three Sec Three3n/an/a1
Rim Rock Ph Two Sec Five2n/an/a0
Rim Rock Ph Two Sec Two2n/an/a0
Rim Rock Ph 01 Sec 031n/an/a0
Rim Rock Ph One Sec Four1n/an/a0
Rim Rock Ph One Sec Five1n/an/a0

No price range closed enough homes in the last three months to carry its own table. What a buyer will pay for a house of this size once a lender weighs in is on Does your Dripping Springs appraisal tell you what a buyer will pay? and the timing question is on Sell your Dripping Springs home now, or wait? What a year of sales shows.

Does this page apply to your home?

The figures cover the MLS subdivision named Rim Rock, and your home decides how well they describe it. Run your address and I will compare it with the nearest sales.

Your situation

Rim Rock has few homes for sale, and three more are already active under contract, so a new listing joins a short list. Whether that favors you depends on how close your price sits to what homes here closed at over the year.

For your house: if yours joined those five homes, what would make a buyer choose it?

Before You Put Your Home on the Market, See the Homes You’ll Have to Beat

If you worry the lower prices of the last year will follow you onto the market, start by seeing which Rim Rock homes a buyer would compare with yours. Request my complimentary Home Competitor Analysis for your address. You get:

Step 1 of 4

No obligation. The report for Rim Rock arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 40 homes sold by Watters International Realty in Dripping Springs (Unlock MLS, all time).

About Watters International Realty in Dripping Springs

Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 40 homes sold by Watters International Realty in Dripping Springs (Unlock MLS, all time).

See the homes you’d be competing against

You get the listings closest to yours, what recent Rim Rock sales show, and a walkthrough before any pricing talk.

Contact me for off-market private luxury listings you will never see online.

Step 1 of 4

No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

More for Dripping Springs sellers

Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.