Spicewood Home Sizes Shrink as Prices Hold Steady

Are Spicewood buyers getting less house for their money? The data from September 2026 suggests a shift toward smaller homes. Across 30 closed sales, the median living area dropped to 2,348 square feet, down 10.5% from the prior month and 19.3% lower than the same time last year when the median was 2,911 square feet. ALEX Intelligence analyzed the rolling trend in home sizes to identify this contraction. While the median sale price held steady at $638,750 compared to August, the average size of a sold home has decreased significantly over the past year. This indicates that new construction or recent sales are skewing toward more compact floor plans compared to the larger properties that dominated the market in September 2025. The price per square foot rose slightly to $255, up 1.2% from last year, as the market adjusted to these smaller footprints. Despite the reduction in size, the number of closed sales increased by 30.4% compared to August, showing that demand remains active even as the typical home footprint shrinks. This trend highlights a changing preference or inventory mix in Spicewood. Buyers are closing deals on homes that are significantly smaller than those sold a year ago, yet the median price point has remained remarkably stable. The market is adapting to a new normal where size is decreasing while value per square foot holds firm. 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