| George Arnold Alexander III, MPA |
| Partner, ALEX Companies |
| Associate Broker, Alexander Tiffany Southwest, LLC |
| Licensed Broker in TX, CO, NC, AL |
| [email protected] · +1 713.918.9951 |
| TREC Information About Brokerage Services · TREC Consumer Protection Notice |
Horseshoe Bay Market Heat Score: A Cooling Trend
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-05
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 $432,000
611 Sun Ray, Horseshoe Bay TX 78657 · MLS #7727665
Listed at $398,000, 3 bed, 2 bath, 1,668 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 24% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1190495614/611-Sun-Ray-Horseshoe-Bay-TX
Lower-middle quartile: $432,000 to $710,000
316 Sweet Grass, Horseshoe Bay TX 78657 · MLS #5852702
Listed at $579,000, 3 bed, 2 bath, 2,235 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 17% under the local price per sq ft; price reduced 2% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186785375/316-Sweet-Grass-Horseshoe-Bay-TX
Upper-middle quartile: $710,000 to $1,292,000
101 Fox Fur, Horseshoe Bay TX 78657 · MLS #2958927
Listed at $749,000, 3 bed, 3.5 bath, 2,544 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 12% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184713141/101-Fox-Fur-Horseshoe-Bay-TX
Upper quartile: $1,292,000 and up
102 Still Water, Horseshoe Bay TX 78657 · MLS #1253053
Listed at $1,348,050, 3 bed, 3.5 bath, 3,135 sq ft. Listed 4% below the ALEX valuation; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187125263/102-Still-Water-Horseshoe-Bay-TX
Key figures · Horseshoe Bay · rolling 6 months ending Oct 31, 2026
- 104 homes sold in Horseshoe Bay in the 6 months ending Oct 31, 2026 (up 7.2% on a year earlier).
- Median sale price: $710,000 (down 6.2% on a year earlier).
- Median price per square foot: $297.
- Median days on market: 82.
- Median sale price as a share of the original list price: 90.6%.
- 181 homes for sale now, about 10.4 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Is the Horseshoe Bay market cooling? The ALEX Intelligence Market Heat Score for this region reflects a shift toward buyer conditions as inventory accumulates and prices retreat.
Over the rolling six months ending October 31, 2026, 104 homes closed at a median price of $710,000, down 6.2% from the same period last year. The market is currently holding 10.4 months of inventory, calculated by dividing the 181 active listings by the monthly sales pace. This volume of stock signals a distinct move away from a seller's market toward balanced or buyer-favorable conditions.
The ALEX Intelligence composite index weighs four key factors: days on market, sale-to-list ratio, inventory levels, and price reductions. In this window, homes spent a median of 82 days on the market, an 18.8% decrease from the prior six-month period but still significantly longer than the regional average of 58 days. Furthermore, 93.3% of sales closed below the original list price, with the median close-to-original-list ratio at 0.906.
While the median price per square foot rose slightly to $297, the overall heat score indicates a market where buyers have more leverage. The combination of high inventory and reduced sale ratios suggests that negotiation power has shifted, even as new construction continues to account for a portion of the sales volume. This data-driven assessment provides a clear snapshot of current market dynamics without projecting future trends.
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
Source data: Unlock MLS closed sales, rolling 6 months ending Oct 31, 2026, n=104
Cover photo: Lake LBJ at Horseshoe Bay by Eric Polk, CC BY-SA 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, Partner, 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, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










