Selling a Condo at The Royalton: The Resale Certificate, the Contract and Texas Market Time

In most cases. The Texas Real Estate Research Center reports that over two-thirds of closed sales in November and December involved price cuts of 3 percent or more from the initial listing. That figure covers every home type statewide. It describes the Texas market as a whole and sets no expectation for a particular unit at The Royalton.

For a Royalton seller, the useful comparison sits inside the building. Homes here closed at about 95.2 percent of asking, as of October 2026, and that ratio reflects the building's own sold set rather than a statewide pool. A first price drawn from sold homes of the same floor plan, on a similar floor and exposure, is the figure least likely to need revising. The building holds 27 plans, so the set worth comparing is usually small enough to name one by one.

Slightly. The Texas Real Estate Research Center reports that Houston prices softened, falling 0.6 percent year over year in December. That measure covers Houston homes of every type together, so it speaks to the metro market rather than to one high-rise. A unit at The Royalton is priced from sold homes of its own plan.

The building's own median sale price is $616,000, across homes sold since April 2026, as of October 2026. A building median moves with which homes changed hands, because a year heavy in larger plans lifts it without any change in value. The average price per square foot, $353 as of October 2026, adjusts for size and is the steadier guide. Across ten years that rate has risen more consistently than the price median has.

The Texas Real Estate Research Center says statistics for the Houston metro area are released on or near the 40th calendar day after the month ends. So a reader always sees the metro market as it stood more than a month earlier. Any figure quoted at a listing appointment describes a market that has already moved on.

The Royalton's own market figures are stated as of October 2026, with the median sale price covering homes sold since April 2026. Either way, a published figure looks backward. For a listing, the more current read comes from the homes of your plan on the market now, and from how the last few like yours closed.

The Texas Real Estate Research Center reports that active inventory stood at a 4.6-month supply as of December, down sharply month over month since November, as sellers accelerated delistings. Put plainly, more sellers took homes off the market. That figure is statewide and covers all home types, so it frames the broader market rather than any one building.

At The Royalton the comparable measure is about 5.0 months of inventory, as of October 2026, with 12 sales in the trailing year among the building's 253 homes. Supply here comes in small numbers spread across 27 floor plans. What shapes a sale is how many listed homes share your plan and exposure, and how those last few closed.

No. TREC states that its Residential Condominium Contract (Resale) form is not for use where the seller owns fee simple title to the land beneath the unit. The form is written for the resale of a condominium unit, and its own scope note draws that line. Whether a particular sale falls on either side is a question for your attorney.

TREC also states that it cannot provide legal advice to the public on private contractual matters, and points anyone using its forms to a license holder or an attorney. At The Royalton the title documents are the place to start. The recorded declaration, which the seller furnishes with the bylaws and rules, is the recorded instrument that creates the condominium. Bring it, with the title company's commitment, to the conversation about which form fits.