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The median sale price of a home in Spicewood reached $797,000 last month, reflecting a significant 70.4% increase compared to the same period last year. However, despite the sharp rise in overall home prices, the median sale price per square foot declined by 12.9%, settling at $317, indicating that while homes are selling for substantially higher total prices, the cost relative to size has decreased.
Median Listing Price
Median Listing Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In May 2025, Spicewood’s housing market showed contrasting trends, with home prices surging 70.4% year-over-year to a median sale price of $797,000, yet the median sale price per square foot declined 12.9% to $317. Despite the sharp increase in overall prices, homes sold for about 1.9% below the list price and took an average of 86 days to sell, suggesting tempered buyer urgency. The market also reflected limited activity, with only one home sold, and buyers making substantial commitments, as evidenced by an average down payment of 48.5%.
In June 2025, homes in Spicewood, TX sold for an average of 7.97% below the asking price, reflected in a sale-to-list price ratio of 92.03%, indicating that sellers are making notable price concessions to close deals. Homes typically remained on the market for 86 days, suggesting a relatively slow pace of sales compared to more competitive markets. The median days on market have increased compared to the previous month but remained flat year-over-year, signaling a stable yet sluggish market where buyers have more negotiating power and sellers may need to adjust pricing strategies to attract offers.
Spicewood, TX is considered a buyer’s market in June 2025, meaning the supply of homes for sale exceeds the current buyer demand. This market condition gives buyers more negotiating power, as sellers may need to lower prices, offer concessions, or keep properties listed longer to attract offers. For prospective buyers, this environment presents an opportunity to secure homes at more favorable terms, while sellers may face increased competition and pressure to price homes competitively to stand out.
If you have questions about the Spicewood real estate market or are ready to explore available properties, our team is here to assist you. With extensive knowledge of the area and a dedication to helping you find the perfect home, we’re ready to guide you every step of the way. Reach out today and start your journey toward owning a property in beautiful Spicewood, TX!
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