Spicewood home valuations fell in April

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The median assessed value of a home sold in April in Spicewood fell by $172,838 while total valuation decreased by 62.5 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median home valuation of $467,498 - a 27 percent decrease from the $640,336 median valuation for the same period of the previous year. There were eight homes sold in Spicewood in April 2021.

The following table compares Spicewood to other Travis County cities with similar median home valuations in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median ValuationApril 2021 Median Valuation% change (Median Valuation)
West Lake Hills21100$815,593$1,369,961-40.5
The Hills40-$737,107$0-
Lost Creek12-50$534,683$693,112-22.9
Bee Cave49-55.6$526,725$602,323-12.6
Shady Hollow12-50$455,909$633,935-28.1
Cedar Park550$375,948$344,3619.2

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