Is Horseshoe Bay West, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horseshoe Bay West is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Horseshoe Bay West was a Buyer's Market.

Key Takeaway

Horseshoe Bay West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$101,800(-13.5%)

Key Takeaway

Homes in Horseshoe Bay West have sold for 13.5% less than they did a month ago.

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

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$424.9K
N/A
3 $755K$881.5K
+16.8%
4 --
N/A
5+ --
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 2024Apr 2024CHANGE
2225+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

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1515
0.0%
4 46
+50.0%
5+ 22
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 2024Apr 2024CHANGE
34+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horseshoe Bay West, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2024Apr 2024CHANGE
108 Days60 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Horseshoe Bay West has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Horseshoe Bay West, TX

Nearby Markets to Horseshoe Bay West, TX