West Cypress Hills: Is This a Buyer's or Seller's Market?

How many months of homes are available for sale in West Cypress Hills right now? The answer is just 1.2 months of inventory based on current active listings and recent sales pace. This figure is calculated by dividing the number of homes currently for sale by the average monthly closings over the trailing 12-month period. In real estate, a market with less than six months of supply is classified as a seller's market. West Cypress Hills sits well below that threshold at 1.2 months, indicating that demand continues to outstrip the available stock of single-family homes. This scarcity has helped median closed prices rise 5.3% compared to the prior rolling period and 5.3% year-over-year, reaching $551,500 across 32 sales. The speed of transactions also reflects this imbalance. The median days on market dropped to 89 days, a 14.4% improvement over the previous period, showing that homes are moving faster than they did a year ago. Additionally, sellers are retaining more of their asking price, with the close-to-original list ratio climbing to 93.3%. While the inventory is tight, buyers should note that the median home size has increased to 2,825 square feet, suggesting larger properties are driving current activity. With only four active listings today and a steady flow of closings, the balance of power remains firmly with sellers in this Spicewood community. Looking to buy in West Cypress Hills, Spicewood? Get new listings the day they hit the market. 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