Lakeway September Market Recap and Outlook

What does a 35.7% jump in days on market mean for Lakeway sellers? In September 2026, homes took an average of 57 days to sell, up from 42 days the prior month and significantly higher than the 114 days seen last year at this time. This shift reflects a market where buyers are taking longer to decide, even as transaction volume increased. ALEX Intelligence analyzed 24 closed sales in Lakeway for September to compile this monthly recap. The median sale price settled at $670,000, down 3.2% from August and 9.5% lower than the same month last year when prices hit $740,000. Despite the cooling prices, activity picked up with 24 closings compared to 22 in September 2025, a 9.1% increase in sales volume. The pace of negotiations also slowed. The median close-to-original list ratio dropped to 0.904, meaning homes sold for roughly 90% of their asking price on average. This represents a 5.8% decline from the prior month and a 2.0% drop year-over-year. Additionally, 95.8% of sales closed below the original list price, up from 81.8% last September. Inventory remains a key factor with 131 active listings today, creating a 4.7-month supply. While this indicates a balanced market rather than a seller's frenzy, the larger living area of sold homes (2,754 sq ft) suggests buyers are still seeking spacious properties. Current mortgage rates stand at 7.4%, influencing buyer purchasing power as they navigate these shifting conditions. Thinking of selling in Lakeway? Ask for a free ALEX Intelligence valuation of your home. 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