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:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Valuation | April 2021 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| West Lake Hills | 2 | 1 | 100 | $815,593 | $1,369,961 | -40.5 |
| The Hills | 4 | 0 | - | $737,107 | $0 | - |
| Lost Creek | 1 | 2 | -50 | $534,683 | $693,112 | -22.9 |
| Bee Cave | 4 | 9 | -55.6 | $526,725 | $602,323 | -12.6 |
| Lakeway | 10 | 6 | 66.7 | $506,350 | $484,873 | 4.4 |
| Spicewood | 3 | 8 | -62.5 | $467,498 | $640,336 | -27 |
| Shady Hollow | 1 | 2 | -50 | $455,909 | $633,935 | -28.1 |
| Cedar Park | 5 | 5 | 0 | $375,948 | $344,361 | 9.2 |
| Manchaca | 1 | 0 | - | $370,134 | $0 | - |
| Briarcliff | 2 | 1 | 100 | $362,311 | $373,716 | -3.1 |
| Austin | 249 | 172 | 44.8 | $334,300 | $312,637 | 6.9 |
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