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Does a short supply of homes help a West Cypress Hills seller in Spicewood?

Quick answer

In the three months ending October 15, 2026, West Cypress Hills in Spicewood had only 1.7 months of inventory, and homes still closed at 92.9% of original asking, so short supply has not carried sellers to their first price. Only nine homes sold, so I read the market on twelve months, which read as a buyer’s market for West Cypress Hills overall, and a price point changes which market a home is in. In my read, supply is short because few homes are being listed, and that has not lifted what buyers pay.

What we analyzed

Sources: Unlock MLS, pulled October 16, 2026.

Selling above $1M? Part of this market never goes online

The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.

Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.

Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.

Contact me for off-market private luxury listings you will never see online

Step 1 of 4

47 Spicewood homeowners have trusted my real estate team to sell their home in the MLS, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes. That includes 2 in West Cypress Hills.

Already have a rough idea of your price range? Skip down to see whether these numbers fit your home, or plug in your address for a closer look.

Every number on this page covers West Cypress Hills only. What the Spicewood market as a whole means for a seller is on Does the Spicewood housing market work the same at every price?

Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.

Does having so little for sale lift what West Cypress Hills homes close at?

West Cypress Hills carries 1.7 months of inventory, against 6.0 for the Austin metro. Months of inventory counts how long the current listings would last at the recent pace of sales.

Supply alone would read as a seller’s market. The reading that counts is what homes closed at against original asking, and over the past twelve months that was 93.3%, a buyer’s market for West Cypress Hills overall. A price point changes which market a home is in.

In my read, supply is short because few homes are being listed. Five new listings came on over the last three months, against nine closings.

Table 1. West Cypress Hills beside Spicewood as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.

MeasureWest Cypress Hills, 90 daysSpicewood, 90 daysWest Cypress Hills, twelve monthsSpicewood, twelve months
Homes sold97331263
Median sale price$520,000$635,000$553,000$669,077
Median days on market104 days104 days89 days104 days
Share of original asking price92.9%90.2%93.3%91.3%
Price per square foot (median)$201$272$201$267

For the town-wide picture, start with Does the Spicewood housing market work the same at every price?

What a square foot sold for in West Cypress Hills Median price per square foot of homes that sold, periods ending October 15, 2026. Spicewood shown for comparison. West Cypress Hills, 90 days $201 West Cypress Hills, twelve months $201 West Cypress Hills, prior twelve months $201 Spicewood, twelve months $267 Source: Unlock MLS, pulled October 16, 2026.
Figure 1. Median price per square foot of homes that sold: West Cypress Hills, 90 days $201; West Cypress Hills, twelve months $201; West Cypress Hills, prior twelve months $201; Spicewood, twelve months $267. Periods end October 15, 2026; the prior twelve months end one year earlier. Source: Unlock MLS, pulled October 16, 2026.

Is the price of a square foot in West Cypress Hills holding steady?

Over twelve months it is level. West Cypress Hills homes sold at $201 a square foot over the past twelve months, and at the same $201 in the twelve months before.

The median sale price is higher over that span, $553,000 against $530,370 in the twelve months before.

The last three months read a little differently. Price per square foot was $201, against $194 in the same three months last year.

The typical sale price went the other way, $520,000 against $547,000. In my read, that gap means a different mix of homes sold, so the price of the space is the better guide to direction.

Fewer homes are closing. West Cypress Hills recorded 31 sales over the past twelve months against 43 in the twelve months before.

The last three months fit that, with 9 closings against 13 in the same three months last year.

Table 2. West Cypress Hills sales in each period. Each row stands on its own. Source: Unlock MLS.

PeriodSoldMedian sale priceMedian days on marketShare of original asking pricePrice per square foot
90 days ending October 15, 20269$520,000104 days92.9%$201
Same 90 days, 2025 (July 18, 2025 to October 15, 2025)13$547,00059 days93.6%$194
Twelve months ending October 15, 202631$553,00089 days93.3%$201
Prior twelve months (October 16, 2024 to October 15, 2025)43$530,370108 days91.4%$201

Waiting for a better price is weighed in Is waiting for a better price really the cautious move for a Spicewood seller?

How does the wait to go under contract compare with a year ago in West Cypress Hills?

A few homes went under contract inside the first month, but most took longer than three months. The typical home took 104 days, against 59 in the same three months last year.

Over the past twelve months the typical home took 89 days, against 108 in the twelve months before.

Table 3. How long the 9 homes that sold in West Cypress Hills took to go under contract, cumulative days on market to contract, 90 days ending October 15, 2026. Source: Unlock MLS.

Days on marketHomes sold
30 days or less2
31 to 60 days1
61 to 90 days1
More than 90 days5

Three homes are pending now and none is active under contract. Pending means the sale is further along than an accepted offer. The reasons a Spicewood listing goes unsold are weighed in Is the Spicewood market really why your listing is not selling?

What is listed against a West Cypress Hills home today?

Five homes are for sale, and two have come down from their original asking price.

Pulte Homes is the only builder, and it holds two of them. Those two have been up far longer than the three resale listings, and one has been reduced.

Table 4. Builder listings in West Cypress Hills by builder name on the MLS record, as of October 16, 2026; 2 builder listings of 5 homes for sale. Source: Unlock MLS.

BuilderListingsAsking rangeMedian asking
Pulte Homes2$499,531 to $589,900$544,716

Records filed under the plain name West Cypress Hills hold about half of the past twelve months’ closings and most of the homes for sale, and the typical home sold there was built in 2024. West Cypress Hills Ph 1 Sec 3 closed more homes than any other phase or section record and has none for sale.

Table 5. West Cypress Hills subdivisions by closings in the twelve months ending October 15, 2026, with the median build year of what sold and the count for sale as of October 16, 2026. Source: Unlock MLS.

Subdivision (MLS name)Sold, twelve monthsMedian sale priceMedian build yearFor sale
West Cypress Hills16$566,98620244
West Cypress Hills Ph 1 Sec 34n/an/a0
West Cypress Hills Ph 2 Sec 32n/an/a0
West Cypress Hills Ph 1 Sec 42n/an/a0
West Cypress Hills Ph 2 Sec 22n/an/a0
West Cypress Hills Ph 01 Sec 021n/an/a0
West Cypress Hills Ph 1 Sec 11n/an/a1
West Cypress Hills Ph 1 Sec 21n/an/a0
West Cypress Hills Ph 1 Sec 51n/an/a0
West Cypress Hills Ph 2 Sec 51n/an/a0

Most recent sales were resales, and two were new builds. Build years run from the 2000s to 2025 or later, and none was built before 2000.

Builder against neighbor is the subject of Is your Spicewood home competing with builders or with the neighbors?

How a new build changes what a resale is worth is covered in How do you price a Spicewood home when the comps are already old news?

Table 6. West Cypress Hills compared with the Austin metro. Sales are from the 90 days ending October 15, 2026; homes for sale are as of October 16, 2026. “Failed to sell” means the listing expired or was withdrawn without selling. Source: Unlock MLS.

MeasureWest Cypress HillsAustin metro
Homes sold98,186
Median sale price$520,000$405,000
Median days on market104 days56 days
What homes sold for relative to their initial asking price92.9%94.3%
Price per square foot (median)$201$204
Homes for sale516,289
Months of supply1.76.0
Buyer’s or seller’s marketbuyer’s marketbalanced
Listings that failed to sell35,425
Share of listings that failed to sell25.0%39.9%
Active under contract01,416
Pending32,034
New listings in the last 90 days512,212
Homes for sale priced below their original asking price2 (40.0%)58.9%

Where does West Cypress Hills describe your home, and where not?

With nine sales in total, no price range reached ten, so this page has no range table. Run your address to see how yours compares.

Your situation

West Cypress Hills offers a seller little company and little lift. Few homes are listed, buyers still close under the first asking price, and the Pulte Homes listings have been up far longer than the resale listings.

Which of those listings will be on a buyer’s list when your home goes live, and are they already below where they started?

Before You Put Your Home on the Market, See the Homes You’ll Have to Beat

If you worry your West Cypress Hills home will wait months despite low supply and still sell under asking, start by seeing what it would be up against. Request my complimentary Home Competitor Analysis for your address. You get:

Step 1 of 4

No obligation. The report for West Cypress Hills arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 47 homes sold by Watters International Realty in Spicewood (Unlock MLS, all time).

About Watters International Realty in Spicewood

Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 47 homes sold by Watters International Realty in Spicewood (Unlock MLS, all time).

See the homes you’d be competing against

You get the homes competing with yours in West Cypress Hills, what recent sales show, and a walkthrough before any pricing talk.

Contact me for off-market private luxury listings you will never see online.

Step 1 of 4

No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

More for Spicewood sellers

Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.