Horseshoe Bay: 10 Months of Inventory Signals Buyer Market

Horseshoe Bay currently holds 10.15 months of inventory, a figure that firmly classifies the market as favoring buyers. This metric is calculated by dividing the 176 active listings on hand today by the average monthly sales pace of roughly 17 homes derived from the 104 closed sales over the last six months. When inventory exceeds six months, buyers gain leverage in negotiations and have more time to find a home that fits their needs without rushing. The data supports this shift: median closing prices fell 15.4% compared to the prior six-month period, dropping from $950,000 to $803,750 across 78 closed sales. Homes are also selling for less relative to their original list price, with the close-to-original ratio slipping to 90.6%. Furthermore, 91% of homes sold below their original asking price, a significant increase from the 85.5% seen in the previous period. While the market remains active with 78 closed sales in the trailing six months, the extended time on market reflects this balance. The median days on market stands at 118 days, which is 25.5% longer than the same window last year but still 19.2% shorter than the prior six-month period. This combination of high inventory and price adjustments defines the current buyer's market environment in Horseshoe Bay. 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