✅ FULL REPORT
📢 Spicewood – February 2025 Single-Family Homes Report
Closings nearly doubled compared to last year, but buyers showed caution on price per square foot.
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📊 Market Overview
February 2025 saw 13 homes sold in Spicewood, slightly above the expected 11 homes based on January’s sales and the 17.2% monthly sales trend—a 44.4% increase.
Compared to January, sales were up 44.4%, and up 116.7% compared to February 2024. Prices per square foot dipped despite strong sales volume, suggesting higher-end homes closed at a discount to prior highs.
📄 Sales Details
The total net sales volume was $10.4 million, with an average net sale price of $789,082, median $735,250, and a high of $1,322,000. The average price per square foot was $284, median $259, and high $426 per SF.
💸 List-to-Sale Discount
Homes sold for 16.1% below list price on average, with a median discount of 12.2%, and the largest discount reaching 18.7%.
🧾 List Price Breakdown
The average list price was $852,869, median $799,000, and high of $1,415,000.
List price per square foot averaged $275, median $310, and high $515 per SF.
📌 Key Market Stats
- 🏠 Total Homes Sold: 13
- 💰 Total Net Sales Volume: $10,415,500
- 💲 Average Net Sale Price: $789,082
- 📊 Median Net Sale Price: $735,250
- 🚀 High Net Sale Price: $1,322,000
- 📏 Net Price Per SF: $284 (Avg) | $259 (Median) | $426 (High)
- 📉 Net Sale Price MoM Change: -0.4% (Avg) | +3.7% (Median)
- 💲 Average List Price: $852,869
- 📊 Median List Price: $799,000
- 🚀 High List Price: $1,415,000
- 📐 List Price Per SF: $275 (Avg) | $310 (Median) | $515 (High)
- ⏳ Cumulative Days on Market: 159 (Avg) | 159 (Median)
- 📈 Sales Volume MoM: +44.4%
- 📈 Sales Volume YoY: +116.7%
🏡 What It Means for Buyers
Even with rising activity, buyers had leverage in February—most sales closed well below list price. The luxury segment remains active, but not immune to discounting.
📢 What It Means for Sellers
Homes are selling, but pricing high is not leading to premium results. Sellers should focus on realistic pricing and presentation—especially as the market favors well-prepped listings over price per SF.
💡 Final Thoughts
📊 Real estate is variable based on each micro market’s local economic and demographic factors. Whether you’re buying or selling, the right strategy matters. If we can help you analyze your situation and plan for success in 2025, please reach out. We’d love to chat and help you navigate this evolving market.
ℹ️ Want More Information About Spicewood & Greater Austin Real Estate?
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👨💼 ALEX Associate Broker & ALEX AI Director
🌐 alex.realestate
📞 713.918.9951
📧 george@alex.realestate
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