Sweetwater Market Pulse: Prices Rise in Rolling Six Months

Sweetwater home prices rose 8.7% over the last six months, reaching a median of $686,914 across 52 closed sales. This increase brings the median price per square foot to $259, up 3.6% from the prior period. While homes are selling for slightly less than their original list price on average, the gap has narrowed compared to six months ago. The market is moving a bit slower now, with properties spending a median of 36 days on market before closing. This represents a 12.5% increase in time on market compared to the prior six-month window, though it remains 25% faster than the same period last year when homes sat for 48 days. Inventory remains tight with just over four months of supply available based on current sales rates. New construction continues to play a role, accounting for nine of the recent closings in this tier B analysis. The median home size sold recently was 2,738 square feet, which is 7.4% larger than the prior period. ALEX Intelligence analyzed these figures using a rolling six-month window to smooth out monthly volatility and provide a clearer view of current market momentum for buyers and sellers in Sweetwater. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. 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