Lago Vista August Market Recap and Outlook

Lago Vista saw 19 closed sales in August with a median price of $415,000, representing a 3.8% increase from July but a 3.9% decline compared to the same month last year. The market moved slightly faster this month, with homes spending a median of 53 days on the market, which is 29.3% longer than in July but 44.8% shorter than the 96 days recorded in August 2025. ALEX Intelligence analyzed the full year of activity to provide this monthly rollup. The median price per square foot rose to $211, up 4.7% from last year, while the ratio of final sale price to original list price improved to 95.8%, indicating buyers are paying closer to asking prices than in previous months. New construction accounted for four of the 19 closings, and the median living area for sold homes was 2,151 square feet. Inventory levels remain elevated with 209 active listings today, resulting in 6.57 months of supply based on the current sales pace. This volume suggests a balanced to slightly buyer-favorable environment where negotiation room may still exist despite the improved sale-to-list ratio. The data reflects a market stabilizing after a period of volatility, with prices holding steady near $415,000 while transaction speed fluctuates seasonally. Looking ahead, the 30-year fixed mortgage rate stands at 7.28% as of the week of October 1, 2026, according to Freddie Mac. This rate environment continues to influence buyer purchasing power and payment structures across the region. The August figures set a baseline for the remainder of the year, showing that while sales volume dipped 45.7% from July, price resilience remains evident in the face of seasonal shifts. Planning a move from Lago Vista? Get your home's value and the right list price, free. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951