Hutto. Didn’t monitor Liberty Hill My feeling is similar. Both Hutto and Liberty Hill are fairly speculative in that they are quite close to the definition of a zoom town. Please note could be an isolated case.
ATH = $1.575M in early May 2022 - this is the greatest fool
2nd highest = $1.1M in early Mar 2022 - this is real peak
In 2021, all transacted at less than $1M
In 2020, all transacted at less than $750k
In 2019, all transacted at less than $650k
A house listed in end May for $1.275M, dropping asking to $1.05M, still no taker. Ignoring the greatest fool price, the seller still wants to sell at peak price. Comparing to the ATH (greatest fool) price, asking has crashed by 33%. Actually, not much change (less than 5% drop) from the real peak. This is the situation for most neighborhoods that I am monitoring.