Is Horseshoe Bay West, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Horseshoe Bay West was a Buyer's Market.
Housing Prices in Horseshoe Bay West, TX
How much do homes in Horseshoe Bay West, TX cost?
Median Sold Price
$653,200
$263/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Horseshoe Bay West was $653,200 in April 2024, down 13.5% from last month, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $424.9K | N/A |
3 Bedrooms | $755K | $881.5K | +16.8% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Horseshoe Bay West housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Horseshoe Bay West, TX
How many homes are available in Horseshoe Bay West, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
Summary: The Horseshoe Bay West real estate market had 25 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Horseshoe Bay West 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Horseshoe Bay West in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Horseshoe Bay West, TX
How long does it take to sell a home in Horseshoe Bay West, TX?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
108 Days | 60 Days | -43.9% |
Summary: Homes in Horseshoe Bay West had an average of 60 days on market in Apr 2024, down by 43.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Horseshoe Bay West; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.