Is Horseshoe Bay, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Horseshoe Bay was a Seller's Market.
Housing Prices in Horseshoe Bay, TX
How much do homes in Horseshoe Bay, TX cost?
Median Sold Price
$640,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Horseshoe Bay was $640,000 in April 2024, up 1.6% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $411.2K | +113.1% |
2 Bedrooms | $388.7K | $405K | +4.2% |
3 Bedrooms | $600K | $634.5K | +5.8% |
4 Bedrooms | $1.1M | $1.4M | +25.2% |
5+ Bedrooms | $3.5M | $4.5M | +28.6% |
Summary: Horseshoe Bay housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
Sunrise Beach Village | $739K | $1.0M | +42.1% |
Llano South | $630K | $725K | +15.1% |
Horseshoe Bay | $630K | $640K | +1.6% |
Cottonwood Shores | $352.5K | $258.5K | -26.7% |
Housing Supply in Horseshoe Bay, TX
How many homes are available in Horseshoe Bay, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 195 | +19.6% |
Summary: The Horseshoe Bay real estate market had 195 homes for sale in April 2024, a 19.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 24 | 30 | +25.0% |
3 Bedrooms | 80 | 89 | +11.3% |
4 Bedrooms | 40 | 55 | +37.5% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Horseshoe Bay housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 20 | +100.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Horseshoe Bay in April 2024, up by 100.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 35% were sold at asking, and 6% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 71 Days | +14.8% |
Summary: Homes in Horseshoe Bay had an average of 71 days on market in Apr 2024, up by 14.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Horseshoe Bay; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.