Springdale Hills vs. Neighbors: Price and Speed Gap

How does a small Austin neighborhood compare to its broader market? In Springdale Hills, median closed prices reached $462,010 across 16 sales over the last 12 months, while homes sold in just 40 days on average. This stands in contrast to Travis County, where the median price was $500,500 and homes took 58 days to sell. ALEX Intelligence compared these figures against regional benchmarks to highlight the local variance. Springdale Hills buyers paid a median of $263 per square foot, which is higher than the Austin region's $197 per square foot but lower than the county average of $245 per square foot. The speed of transactions also differs; while the broader Austin region averaged 66 days on market, Springdale Hills listings moved in 40 days. The data shows a distinct pattern where local inventory turnover is faster than the surrounding area, even as price points vary. In the Austin region, 83% of homes sold below their original list price, compared to 81% in Springdale Hills. The county-wide figure sits at 83%. These metrics suggest that while Springdale Hills commands a premium per square foot relative to the region, its market velocity remains robust compared to the wider Austin and Travis County averages. This analysis relies on 16 closed sales over a rolling 12-month window. For context, the Austin region recorded 2,251 closed sales in the same period, providing a stable baseline for comparison. The Springdale Hills data reflects a specific segment of the market where activity is concentrated, offering a snapshot of how this neighborhood performs relative to its neighbors without predicting future trends. Want more detail on Springdale Hills, Austin? Ask George for the full neighborhood report. 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