Sunrise Beach Market Update: Prices Drop as Sales Slow

Sunrise Beach saw a significant shift in market dynamics over the past year, with median home prices dropping 41% compared to the prior period and the same window last year. The rolling 12-month data ending October 31, 2026, shows 14 closed sales at a median price of $662,500, down from $1,122,000 in the previous comparable timeframe. This decline is reflected across most metrics. The median price per square foot fell 16.8% to $425.19, while homes took 23.5% longer to sell, with a median of 63 days on market compared to 51 days previously. Sellers also faced more pressure, with the median close-to-original list ratio dropping 6.6% to 0.868. Consequently, 92.9% of homes sold below their original list price, a notable increase from the 85% seen in the prior period. The market remains thin with only 14 closed sales over the last year and just 11 active listings currently on the market. While the region and Llano County show different activity levels, Sunrise Beach data indicates a distinct cooling trend where buyers have gained leverage to negotiate below asking prices. The median living area for sold homes also shrank by 21.9% to 1,579 square feet, suggesting a shift toward smaller properties in this period. No peer city data is available to construct a direct "vs. Neighbors" comparison matrix as typically required for Topic 27, so this update focuses on the internal trends of Sunrise Beach over the trailing 12 months. Want more detail on Sunrise Beach, Sunrise Beach? Ask George for the full neighborhood report. 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