Is Horseshoe Bay, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Horseshoe Bay has remained a Buyer's Market.
Housing Prices in Horseshoe Bay, TX
How much do homes in Horseshoe Bay, TX cost?
Median Sold Price
$693,900
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Horseshoe Bay was $693,900 in May 2024, up 2.8% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $411.2K | +113.1% |
2 Bedrooms | $437.5K | $414.9K | -5.2% |
3 Bedrooms | $652.5K | $712K | +9.1% |
4 Bedrooms | $1.1M | $1.5M | +34.6% |
5+ Bedrooms | $1.6M | $4.5M | +181.3% |
Summary: Horseshoe Bay housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.1%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 181.3%.
Median Sold Price Compared To Nearby Cities
Llano South | $647K | $750K | +15.9% |
Sunrise Beach Village | $852.5K | $925K | +8.5% |
Horseshoe Bay | $675K | $693.9K | +2.8% |
Cottonwood Shores | $332.5K | $269.5K | -18.9% |
Housing Supply in Horseshoe Bay, TX
How many homes are available in Horseshoe Bay, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
183 | 209 | +14.2% |
Summary: The Horseshoe Bay real estate market had 209 homes for sale in May 2024, a 14.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 84 | 99 | +17.9% |
4 Bedrooms | 52 | 57 | +9.6% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The Horseshoe Bay housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 11 | -45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Horseshoe Bay in May 2024, down by 45.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Horseshoe Bay, TX
How long does it take to sell a home in Horseshoe Bay, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 92 Days | +18.8% |
Summary: Homes in Horseshoe Bay had an average of 92 days on market in May 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Horseshoe Bay; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.