Spicewood Monthly Market Pulse: Prices Dip in September

Spicewood saw a notable shift in September as the median home price dropped 4.1% to $612,500 compared to August. This decline occurred across 29 closed sales, bringing the total volume up 26.1% from the previous month but still down 18.3% from September 2025. The market is currently operating with an inventory of 224 active listings, creating a supply that supports approximately 8.25 months of sales at the current pace. Buyers and sellers are navigating a landscape where homes are taking longer to sell. The median days on market rose 61.3% from August to 100 days, though this remains 12.4% higher than the same month last year. Homes sold for an average of 90.9% of their original list price, a slight decrease from the prior period but consistent with the previous year's ratio. The ALEX Intelligence dashboard tracks these shifts to provide clarity on local trends. While the median price per square foot dipped 5.4% month-over-month, it remains 4.0% higher than last September. The average home size sold in September was 2,306 square feet, down 12.1% from August, reflecting a shift toward smaller properties in this period's closed sales. Current mortgage rates stand at 7.32% according to the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. This rate environment continues to influence buyer behavior as the market adjusts to higher borrowing costs and increased inventory levels. Thinking of selling in Spicewood? Ask for a free ALEX Intelligence valuation of your home. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951