$169,900
1.00 Acres
Land
Erica Burns, Listing Office: Coldwell Banker Realty
Is Spicewood, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Spicewood was a Neutral Market.
Key Takeaway
Spicewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spicewood, TX
How much do homes in Spicewood, TX cost?
Median Sold Price
$809,900
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,183(-2.1%)
Key Takeaway
Homes in Spicewood have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Spicewood was $809,900 in November 2024, down 2.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $258K | -26.3% |
| 2 Bedrooms | $369.5K | $401.8K | +8.8% |
| 3 Bedrooms | $635K | $597.1K | -6.0% |
| 4 Bedrooms | $850K | $815.5K | -4.1% |
| 5+ Bedrooms | $1.1M | $1.2M | +11.8% |
Summary: Spicewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Lago Vista | $440K | $432K | -1.8% |
| Spicewood | $827K | $809.9K | -2.1% |
| Lakeway | $770.6K | $739.4K | -4.1% |
Housing Supply in Spicewood, TX
How many homes are available in Spicewood, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 347 | 348 | 0.3% |
Summary: The Spicewood real estate market had 348 homes for sale in November 2024, a 0.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 91 | 100 | +9.9% |
| 4 Bedrooms | 155 | 146 | -5.8% |
| 5+ Bedrooms | 74 | 74 | 0.0% |
Summary: The Spicewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 27 | -25.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Spicewood, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Spicewood in November 2024, down by 25.0% month-over-month. Of the 27 sold homes, 89% were sold under asking, 7% were sold at asking, and 4% were sold over asking.
Days on Market for Spicewood, TX
How long does it take to sell a home in Spicewood, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 118 Days | +43.8% |
Summary: Homes in Spicewood had an average of 118 days on market in Nov 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Spicewood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 27 homes were sold in Spicewood; 19% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 59% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
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