Is Horseshoe Bay, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Horseshoe Bay has remained a Buyer's Market.
Housing Prices
How much do homes in Horseshoe Bay, TX cost?
Median Sold Price
$684,400
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Horseshoe Bay was $684,400 in August 2023, up 8.6% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $257.5K | $323.5K | +25.7% |
2 Bedrooms | $418.4K | $328.5K | -21.5% |
3 Bedrooms | $600K | $624K | +4.0% |
4 Bedrooms | $1.1M | $1.1M | +3.5% |
5+ Bedrooms | $1.7M | $4.5M | +162.4% |
Summary: Horseshoe Bay housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 162.4%.
Median Sold Price Compared To Nearby Cities
Llano South | $635K | $698.5K | +10.0% |
Horseshoe Bay | $630K | $684.4K | +8.6% |
Sunrise Beach Village | $926.2K | $795K | -14.2% |
Cottonwood Shores | $347.2K | $267.7K | -22.9% |
Housing Supply
How many homes are available in Horseshoe Bay, TX?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
173 | 190 | +9.8% |
Summary: The Horseshoe Bay real estate market had 190 homes for sale in August 2023, a 9.8% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 34 | 37 | +8.8% |
3 Bedrooms | 89 | 99 | +11.2% |
4 Bedrooms | 32 | 35 | +9.4% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Horseshoe Bay housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Horseshoe Bay in August 2023, up by 7.1% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market
How long does it take to sell a home in Horseshoe Bay, TX?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
29 Days | 66 Days | +130.3% |
Summary: Homes in Horseshoe Bay had an average of 66 days on market in Aug 2023, up by 130.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During August 2023, 15 homes were sold in Horseshoe Bay; 13% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.