Dripping Springs Real Estate Market Update – April 2025

Dripping Springs Real Estate Market Update – April 2025

April 2025 Market Overview

As we enter the heart of the spring selling season, the Dripping Springs housing market continues to show a mix of opportunity and caution. Sellers are adjusting to market realities, while buyers are becoming more price-conscious and selective.

Here’s a breakdown of key housing indicators for April 2025:

Metric

April 2025

YoY Change

Median Sale Price

$667,000

⬆ 8.5%

Average Sale Price

$766,336

⬆ 5.6%

Price per SqFt

$307

⬆ 13.3%

Median Days on Market (DOM)

22 days

⬇ 7 days

Number of Sales

48

⬇ 20%

Total Sales Volume

$36.78M

⬇ 15.5%

% Over/Under Asking

-1.70%

⬆ 0.8%

% List to Close

96.21%

⬆ 2.17%

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Pricing Insights

Despite a notable drop in the number of sales, both median and average sale prices increased year-over-year, reflecting rising demand in specific price segments. The average price per square foot climbed to $307, indicating a continued appreciation in home value for well-maintained or updated properties.

 


 

Inventory & Activity

Metric

April 2025

YoY Change

Active Listings

251

New Listings

115

⬆ 12.7%

Pending Listings

97

⬇ 1.0%

Months of Supply

6.44

With over 250 active listings and a 6.44-month supply, the market is leaning toward balance—offering more negotiating power for buyers while still presenting value for sellers who price appropriately.

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Buyer Demand & Sales Distribution

 

Homes in the $500K–$699K range remain in high demand, while upper-tier properties over $800K are experiencing longer DOM and more frequent price reductions.

April Sales by Price Bracket:

Price Range

# of Sales

$300K–$399K

4

$400K–$499K

9

$500K–$599K

4

$600K–$699K

13

$700K–$799K

3

$800K–$999K

8

$1M–$1.19M

1

$1.2M–$1.39M

4

$1.4M+

2

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Seller Strategy & Price Reductions

  • Listings with Price Drops: 18

  • Median Days Until Price Drop: 29 days

  • Average Reduction: ~6%

Sellers should be aware that pricing accurately from the start is key to avoiding extended time on the market and steep reductions later on.

 


 

Year-to-Date Snapshot (Jan–Apr 2025)

Metric

YTD 2025

YoY Change

Total Sales

213

⬇ 4.5%

Total Volume

$157.25M

⬇ 8.2%

Median Sale Price

$634,300

⬇ 7.5%

Price per SqFt

$288.21

⬆ 2.4%

Median DOM

39 days

⬇ 19 days

New Listings

460

⬆ 9.5%

% List to Close

93.6%

⬆ 0.63%

 


 

What This Means for You

For Buyers:

  • More options are becoming available.

  • Homes are staying on the market a bit longer.

  • You have stronger negotiation power—especially if you're pre-approved.

For Sellers:

  • Pricing is critical; buyers are savvy and expect value.

  • Homes priced between $500K and $699K are selling fastest.

  • Upgrades and curb appeal still matter in this competitive landscape.

Final Takeaway

The Dripping Springs housing market in April 2025 reflects a continued transition into balance—characterized by more available inventory, steady buyer interest, and strategic pricing opportunities. With the strongest activity in the $600K–$699K range and growing room to negotiate, it’s an ideal time to explore your next move.

If you’re actively searching in Dripping Springs, don’t miss standout listings like 520 Peakside, 235 Peakside, and 195 Barnhill Loop—each offering unique style and value in today’s evolving market.

Click here to browse all current homes in Dripping Springs

 

Thinking About Buying or Selling in Dripping Springs?

Whether you're preparing to list or just starting to explore your buying options, now is the time to align your goals with smart, local strategy. Let’s connect and create a plan that fits your next step—confidently.

Explore our guide for sellers

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Call or text me anytime at 512-772-5797 or visit www.jeffreybrowngroup.com to get started.

 

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The Jeffrey Brown Group is a dedicated team of professionals who prioritize your needs and provide expert guidance throughout the process. Trust us to navigate the real estate landscape and help you achieve your goals efficiently.

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