Horseshoe Bay Market Recap: Sales Up, Prices Down in Rolling Six Months

Horseshoe Bay saw a notable shift in its market dynamics over the last six months, with 104 homes closing at a median price of $710,000. This represents a 2.1% decrease compared to the prior six-month period and a 6.2% drop from the same window last year. Despite the lower prices, market activity has intensified; closed sales rose significantly from the previous six months, moving from 74 to 104 transactions. ALEX Intelligence analyzed the supply side to understand this shift. New listings jumped significantly, rising from 113 in the prior period to 176 homes in the current window. This influx of inventory has contributed to a median days on market of 82 days, which is actually 18.8% faster than the previous period, though still slightly higher year-over-year. The median price per square foot rose 3.1% to $297, even as the overall median price dipped, suggesting that smaller or lower-priced homes may be driving volume. Buyers found more leverage in negotiations during this window. The median close-to-original list ratio settled at 0.906, down 1.5% from the prior period and 2.5% below last year's levels. Nearly all sales (93.3%) closed below the original list price, a figure that has increased compared to both the prior six months and the same time last year. With 181 active listings currently on the market, the area is balancing supply and demand differently than in previous cycles. The data reflects a market where sellers are adjusting expectations to move inventory faster, while buyers benefit from more options and reduced competition relative to price. This period highlights how increased listing volume can drive down median prices even as transaction speeds improve. Want to see this home? Call or text George at 713.918.9951 for a private 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