Is Bee Cave, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bee Cave was a Seller's Market.
Housing Prices in Bee Cave, TX
How much do homes in Bee Cave, TX cost?
Median Sold Price
$898,557
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bee Cave was $898,557 in March 2024, down 6.2% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $615K | $590K | -4.1% |
3 Bedrooms | $780K | $700K | -10.3% |
4 Bedrooms | $1.0M | $952.5K | -12.9% |
5+ Bedrooms | $1.2M | $1.1M | -8.5% |
Summary: Bee Cave housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
Southwest Travis | $850K | $805.5K | -5.2% |
Bee Cave | $958.4K | $898.5K | -6.2% |
Lakeway | $855K | $765K | -10.5% |
Housing Supply in Bee Cave, TX
How many homes are available in Bee Cave, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Summary: The Bee Cave real estate market had 36 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Bee Cave housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bee Cave in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bee Cave, TX
How long does it take to sell a home in Bee Cave, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 114 Days | +129.0% |
Summary: Homes in Bee Cave had an average of 114 days on market in Mar 2024, up by 129% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Bee Cave; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.