Lakeway Market Recap: September 2026 Sales and Prices
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-17
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $593,000
583 Rupen DR, Lakeway TX 78734 · MLS #1535471
Listed at $475,000, 2 bed, 2.5 bath, 2,007 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 15% under the local price per sq ft; price reduced 4% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188510259/583-Rupen-DR-Lakeway-TX
Lower-middle quartile: $593,000 to $712,000
224 Hurst Creek RD, Lakeway TX 78734 · MLS #2748918
Listed at $699,995, 4 bed, 2 bath, 2,888 sq ft. Listed 1% below the ALEX valuation; 13% under the local price per sq ft; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188950274/224-Hurst-Creek-RD-Lakeway-TX
Upper-middle quartile: $712,000 to $998,000
106 Confidence CV, Lakeway TX 78734 · MLS #5037081
Listed at $765,000, 4 bed, 3.5 bath, 3,087 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 7% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182647688/106-Confidence-CV-Lakeway-TX
Upper quartile: $998,000 and up
701 Echelon PL, Lakeway TX 78738 · MLS #9418996
Listed at $1,575,000, 5 bed, 4 bath, 4,330 sq ft. Listed 16% below the ALEX valuation; price reduced 25% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182522679/701-Echelon-PL-Lakeway-TX
Key figures · Lakeway · September 2026
- 25 homes sold in Lakeway in September 2026 (up 13.6% on a year earlier).
- Median sale price: $675,000 (down 8.8% on a year earlier).
- Median price per square foot: $282.
- Median days on market: 57.
- Median sale price as a share of the original list price: 90.6%.
- 131 homes for sale now, about 4.7 months of supply at the pace of the last six months.
Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
What does a median price of $675,000 across 25 closed sales mean for the Lakeway market in September? The data shows a month where prices softened compared to last year, yet activity remained steady.
Lakeway recorded 25 closed sales in September 2026, matching the volume from August and rising 13.6% compared to the same month last year. The median close price settled at $675,000, which is down 8.8% from the $740,000 median recorded in September 2025. This represents a monthly decline of 2.5% from August's $692,500. Despite the price dip, homes sold faster than last year; the median days on market dropped to 57 days, a 50% improvement over the 114 days seen in September 2025.
Buyers and sellers should note the shift in negotiation dynamics. The median close-to-original list ratio fell to 90.6%, down from 92.2% last year, while 92% of homes sold below their original list price. This indicates a market where buyers have more leverage than they did twelve months ago. New construction activity also contributed, with 3 new-construction homes closing in the period.
Inventory levels remain balanced for now. With 131 active listings and 25 closings last month, the market sits at 4.68 months of inventory. This figure suggests a transition where supply is sufficient to meet demand without the urgency seen in previous years. The median living area for sold homes increased to 2,821 square feet, up 4% from last year, showing that buyers are still seeking larger footprints even as prices adjust.
ALEX Intelligence analyzed these figures to provide a clear snapshot of current market conditions. While prices have cooled, the volume of sales and reduced time on market suggest underlying demand remains active in Lakeway.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
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
Source data: Unlock MLS closed sales, September 2026, n=25
Cover photo: Lake Travis Community Library, Lakeway by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










