May 2025 Market Overview
As the Central Texas housing market enters the busy summer season, Dripping Springs continues to offer mixed signals for buyers and sellers. While pricing remains strong, signs of cooling demand and increased inventory present new opportunities, especially for well-prepared buyers.
Here’s a snapshot of key housing indicators for May 2025:
|
Metric |
May 2025 |
YoY Change |
|
Median Sale Price |
$640,000 |
⬇ 13.4% |
|
Average Sale Price |
$743,458 |
⬇ 7.5% |
|
Price per SqFt |
$272 |
⬇ 0.9% |
|
Median Days on Market |
31 days |
⬇ 16 days |
|
Number of Sales |
75 |
⬆ 19.0% |
|
Total Sales Volume |
$55.76M |
⬆ 10.1% |
|
% Over/Under Asking |
-2.87% |
⬆ 0.3% |
|
% List to Close |
94.58% |
⬆ 1.82% |
Browse all current homes for sale in Dripping Springs
Pricing Insights
Despite the decline in median and average home prices compared to last year, market volume and sales count rose, suggesting that homes priced more competitively are still moving. The median price per square foot sits at $272, which indicates sustained buyer willingness to pay for quality and location, even with broader market adjustments.
Inventory & Activity
|
Metric |
May 2025 |
YoY Change |
|
Active Listings |
286 |
⬆ 15.3% approx. |
|
New Listings |
111 |
⬆ 9.9% |
|
Pending Listings |
83 |
⬇ 2.4% |
|
Months of Supply |
3.92 |
Balanced Market |
The increase in active listings and months of supply signals that Dripping Springs may be shifting toward a more buyer-friendly environment, particularly in higher price brackets.
If you are curious about what your home may be worth request your home’s valuation here
Buyer Demand & Sales Distribution
Most homes sold in May were in the $400K–$699K range, with higher-priced homes seeing longer days on market and increased price sensitivity.
Sales by Price Bracket – May 2025:
|
Price Range |
# of Sales |
|
$300K–$399K |
3 |
|
$400K–$499K |
17 |
|
$500K–$599K |
14 |
|
$600K–$699K |
8 |
|
$700K–$799K |
8 |
|
$800K–$999K |
9 |
|
$1M–$1.19M |
8 |
|
$1.2M–$1.39M |
5 |
|
$1.4M+ |
3 |
Explore listings by price range
Seller Strategy & Price Reductions
-
Listings with Price Drops: 147 (51% of active listings)
-
Median Days Until Price Drop: 16 days
-
Average Price Reduction: ~7%
Sellers should price right from day one to avoid early price cuts and attract serious offers in this more competitive market.
Need help pricing your home? Let’s talk
Year-to-Date Snapshot (Jan–May 2025)
|
Metric |
YTD 2025 |
YoY Change |
|
Total Sales |
283 |
⬆ 3.7% |
|
Total Sales Volume |
$209.94M |
⬇ 0.8% |
|
Median Sale Price |
$640,000 |
⬇ 6.6% |
|
Price per SqFt |
$282 |
⬆ 1.1% |
|
Median DOM |
36 days |
⬇ 15 days |
|
New Listings |
567 |
⬆ 9.9% |
|
% List to Close |
94.0% |
⬆ 0.96% |
What This Means for You
For Buyers:
-
More listings mean more options.
-
Sellers are becoming flexible on price.
-
Act fast when you see well-priced homes in the $400K–$699K range.
Start your Dripping Springs home search
For Sellers:
-
The market is active—but pricing matters more than ever.
-
Upgrades, presentation, and competitive pricing drive quicker sales.
-
Luxury properties may require longer lead times and strategic marketing.
Final Takeaway
The Dripping Springs housing market in May 2025 reflects a continued transition into balance—characterized by more available inventory, steady buyer interest, and strategic pricing opportunities.
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
Ready to Make a Move in Dripping Springs?
Whether you’re buying your dream home or getting ready to list, I’m here to guide you through every step of the journey—with insights tailored to your goals and the local market.
📞 Call or text 512-772-5797 or visit www.jeffreybrowngroup.com to get started today.
