Is Bee Cave, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$903,057
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bee Cave was $903,057 in May 2024, up 2.4% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $595K | $590K | -0.8% |
3 Bedrooms | $742K | $606.2K | -18.3% |
4 Bedrooms | $1.0M | $949.7K | -6.4% |
5+ Bedrooms | $1.2M | $1.2M | -2.7% |
Summary: Bee Cave housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Bee Cave | $882K | $903K | +2.4% |
Southwest Travis | $849K | $800.6K | -5.7% |
Lakeway | $855K | $760K | -11.1% |
Housing Supply in Bee Cave, TX
How many homes are available in Bee Cave, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Summary: The Bee Cave real estate market had 48 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Bee Cave housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bee Cave in May 2024, down by 50.0% month-over-month. Of the 5 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 14 Days | -51.4% |
Summary: Homes in Bee Cave had an average of 14 days on market in May 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Bee Cave; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.