As we move into Q2 2025, the Dripping Springs housing market reveals some important shifts in pricing, inventory, and buyer behavior. Whether you're a homebuyer, seller, investor, or agent, understanding these trends will help you make more informed decisions.
Below is a detailed analysis of the Dripping Springs real estate market for March 2025, based on the latest data from Unlock MLS®.
Key Highlights – March 2025
|
Metric |
Value |
Change YoY |
|---|---|---|
|
Median Sale Price |
$614,990 |
⬇ 11.5% |
|
Number of Sales |
61 |
⬆ 13.0% |
|
Total Sales Volume |
$44.8 million |
⬆ 6.7% |
|
Average Sale Price |
$734,974 |
⬇ 5.5% |
|
Average Price per SqFt |
$274 |
⬆ 1.6% |
|
Median Days on Market (DOM) |
36 days |
⬇ 13 days |
|
% Over/Under Asking Price |
-2.87% |
⬆ 0.3% |
|
% List to Close |
92.54% |
⬇ 0.75% |
Pricing Trends
The median sale price dropped to $614,990, down from $695,000 last March. Despite this decline, the number of homes sold increased, indicating growing buyer activity—especially in lower to mid-range price brackets.
Interestingly, the average price per square foot ticked upward to $274, suggesting that homes are still commanding strong value relative to size.
With home prices softening and buyer activity picking up in Dripping Springs, now may be the ideal time to make a move before renewed demand puts upward pressure on values. [Click here to start your search today.]
Inventory & New Listings
-
New Listings in March: 122 (⬆ 14% YoY)
-
Active Listings: 244
-
Pending Listings: 14
-
Months of Supply: 4.44 (approaching balanced market conditions)
With a 14% increase in new listings and a moderate 4.44 months of inventory, the Dripping Springs market is continuing to shift away from the tight seller's conditions we've seen in recent years. This opens up more options—and negotiating room—for buyers while still offering solid value for sellers.
Curious what your home could be worth in today’s market? [Click here to get started with a free home valuation.]
Buyer Demand & Market Segments
Sales Distribution by Price Bracket:
Homes priced between $400K to $599K saw the strongest demand, with the $500K–$599K range growing by nearly 39% compared to last year. Higher-end properties ($800K+) showed a notable decline in activity, with longer DOM and steeper price drops.
Price Reductions & Seller Adjustments
-
Listings with Price Drops: 106 (43% of active listings)
-
Average Price Reduction: 8%
-
Median Days Until Price Drop: 21 days
The frequency and scale of price reductions suggest that sellers are adjusting to a more price-sensitive buyer pool.
Year-to-Date Snapshot (Jan–Mar 2025)
|
Metric |
YTD Value |
YoY Change |
|
Total Sales |
165 |
⬇ 3.5% |
|
Total Volume |
$120.46M |
⬇ 9.2% |
|
Median Sale Price |
$625,000 |
⬇ 5.6% |
|
Price per SqFt |
$290.24 |
⬆ 3.1% |
|
Median DOM |
39 days |
⬇ 23 days |
|
New Listings |
383 |
⬆ 8.5% |
|
% List to Close |
93.7% |
⬆ 0.79% |
What Does This Mean for You?
For Buyers:
-
You're gaining leverage with more inventory and motivated sellers.
-
Prices have softened, and price per square foot is stable or rising—an indicator of long-term value.
For Sellers:
-
Be strategic with pricing from the outset—overpricing risks extended DOM and larger eventual price cuts.
-
Homes in the $400K–$600K range remain competitive.
The Dripping Springs housing market in March 2025 reflects a rebalancing phase: increased activity and inventory, modest price corrections, and a renewed focus on pricing strategy. With inventory building and buyer interest strong in mid-priced homes, it’s a great time to explore your options—whether you’re buying or selling.
If you're searching for properties in Dripping Springs, be sure to explore our current listings, including beautiful homes like 520 Peakside, 235 Peakside, and 195 Barnhill Loop—each offering its own unique charm and value.
To view all the available homes available in Dripping Springs, click here to begin your search today.
Thinking About Buying or Selling in Dripping Springs?
Whether you’re planning to list your current home or searching for your next one, strategy and timing are key in today’s shifting market. Let’s connect and create a plan tailored to your goals.
Have questions? Call or text me anytime at 512-772-5797 or visit www.jeffreybrowngroup.com to learn more.
