Dripping Springs Home Sales Statistics
Average Price
$1M
Lowest Price
$350K
Highest Price
$7.3M
Total Listings
272
Avg. Days On Market
105
Avg. Price/SQFT
$373
Property Types
(active listings)
Dripping Springs Home Sales Statistics
Average Price | $1M |
---|---|
Lowest Price | $350K |
Highest Price | $7.3M |
Total Listings | 272 |
Avg. Days On Market | 105 |
Avg. Price/SQFT | $373 |
Property Types (active listings)
Call 512-710-7879 to see any Dripping Springs homes for sale:
Narrow by popular Dripping Springs neighborhood search:
Arrowhead Ranch, Belterra, Caliterra, Founders Ridge, Harrison Hills, Headwaters
FAST FACTS FOR 2022: The average sales price for a 3 bedroom home in Dripping Springs was $660,783. The most expensive 3 bedroom home sold in Dripping Springs sold for $2,075,000 with an original list price of $2,430,000.
The average sales price for a 4 bedroom home in Dripping Springs was $933,884. The most expensive 4 bedroom home sold in Dripping Springs sold for $2,653,700
The most expensive home sold in Dripping Springs sold for $8,950,000, which featured live water and 76 acres. It was originally listed for $9,995,000.
Dripping Springs, a city in Hays County, Texas, is known for its scenic beauty, outdoor recreational activities, and a burgeoning master-planned neighborhood real estate market. Dripping Springs experienced a growth in its real estate market in previous years, with increasing demand for residential, ranch, and commercial properties. The city's proximity to Austin, its natural beauty, and its reputation as a desirable place to live contributed to this growth.
The residential real estate market in Dripping Springs included a mix of single-family homes, ranches, and lately even garden homes and home-dominiums; condo regimes that live like a home but have the more dense living associated with condominiums. The demand for homes in Dripping Springs was driven by factors such as the city's scenic landscapes, family-friendly environment, good schools, and a slower-paced lifestyle compared to nearby urban areas like Austin. Home prices varied depending on factors like location, size, amenities, and condition of the property. Dripping Springs had a range of housing options, from more affordable homes to high-end luxury properties. However, like many areas experiencing growth, affordability could be a concern for some buyers. The commercial real estate market in Dripping Springs saw growth as well, driven by the overall economic development and the influx of residents.
Retail spaces, office buildings, and industrial properties were in demand to support the growing population and businesses in the area. Dripping Springs experienced ongoing development and expansion, with new residential and commercial developments being built to accommodate the increasing population and demand for housing and businesses.
Dripping Springs is 15 minutes from Bee Cave & the Hill Country Galleria shopping, 20 minutes southwest of Austin, and 25 minutes from Wimberley.
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