Fredericksburg market report: Q3 2026
Gillespie County closed sales from July through September 2026, compared with last quarter and the same quarter last year. Updated every quarter.
Homes
| Q3 2026 | Q2 2026 | Q3 2025 | vs. last year | |
|---|---|---|---|---|
| Closed sales | 71 | 99 | 84 | -15% |
| Median list price | $598,500 | $619,000 | $649,000 | -8% |
| Sale-to-list price ratio (median) | 94.6% | 96.4% | 95.2% | |
| Sale-to-original-list ratio (median) | 92.2% | 93.8% | 92.6% | |
| Median days on market | 122 days | 100 days | 93 days | +31% |
| Sales inside city limits | 41 | 64 | 51 | -20% |
| Sales with an STR permit | 11 | 13 | 13 | -15% |
My take
Buyers have more choices than they did a year ago. There are 347 homes on the market in Gillespie County right now, about 14.7 months of supply at the current pace of sales, and homes are taking a median of 122 days to sell. Sellers who price right from the start are still selling at about 94.6% of list price. If you're buying, this is a market where you can negotiate. If you're selling, pricing and presentation matter more than ever. Let's talk about your plan.
Lots, acreage & ranches
| Q3 2026 | Q2 2026 | Q3 2025 | vs. last year | |
|---|---|---|---|---|
| Closed sales | 22 | 22 | 32 | -31% |
| Median list price | $399,000 | $440,000 | $218,450 | +83% |
| Sale-to-list price ratio (median) | 93.8% | 95.8% | 94.5% | |
| Sale-to-original-list ratio (median) | 90.4% | 90.6% | 93.8% | |
| Median days on market | 204 days | 181.5 days | 123 days | +66% |
| Sales inside city limits | 4 | 3 | 10 | -60% |
Land sales are a small sample each quarter (22 in Q3 2026), so quarter-to-quarter swings are normal. There are 389 land listings for sale today.
About this report
Source: Central Hill Country Board of REALTORS® MLS (Navica), Gillespie County, residential (including condominiums) and land (city lots, rural subdivision lots/tracts and acreage/farm/ranch), closed sales by close date. Inventory as of October 3, 2026; months of supply = active listings ÷ average monthly closed sales in Q3 2026. Only sales reported to the MLS are included. Information deemed reliable but not guaranteed. Prepared by Savannah Sikes, REALTOR®, Absolute Charm Real Estate Group, brokered by eXp Realty, LLC.