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Lakeway and Bee Cave: Months of Inventory Signal Buyer Leverage
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-02
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 $618,000
15109 S Flamingo DR S, Austin TX 78734 · MLS #2266388
Listed at $465,000, 3 bed, 2.5 bath, 2,292 sq ft. Listed 8% below the ALEX valuation; 31% under the local price per sq ft; price reduced 11% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180627814/15109-S-Flamingo-DR-S-Austin-TX
Lower-middle quartile: $618,000 to $817,000
104 Morning Cloud ST, Austin TX 78734 · MLS #4445701
Listed at $625,000, 4 bed, 2.5 bath, 2,628 sq ft. Listed 5% below the ALEX valuation; 19% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182522708/104-Morning-Cloud-ST-Austin-TX
Upper-middle quartile: $817,000 to $1,180,000
17613 Chamoix DR, Austin TX 78738 · MLS #6620985
Listed at $849,045, 5 bed, 4.5 bath, 3,782 sq ft. Listed 7% below the ALEX valuation; 7% under the local price per sq ft; price reduced 16% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183517261/17613-Chamoix-DR-Austin-TX
Upper quartile: $1,180,000 and up
18700 Madrone Ranch Trail, Austin TX 78738 · MLS #7205481
Listed at $3,199,000, 2 bed, 1 bath, 13,600 sq ft. Listed 9% below the ALEX valuation; 20% under the local price per sq ft; price reduced 14% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1162190257/18700-Madrone-Ranch-Trail-Austin-TX
Key figures · Lakeway and Bee Cave · October 2026
- 63 homes sold in Lakeway and Bee Cave in October 2026 (down 26.7% on a year earlier).
- Median sale price: $860,000 (up 13.2% on a year earlier).
- Median price per square foot: $300.
- Median days on market: 57.
- Median sale price as a share of the original list price: 93.4%.
- 443 homes for sale now, about 4.4 months of supply at the pace of the last six months.
Source: Unlock MLS, October 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
How many months of homes are available for sale relative to the pace of closings? In Lakeway and Bee Cave, that figure stands at 4.39 months based on 63 closed sales in October 2026. This metric divides the current active inventory of 443 listings by the monthly closing rate, providing a clear gauge of market balance.
A reading near 5 to 6 months typically indicates a balanced market, while anything below 4 months favors sellers and above 6 months favors buyers. At 4.39 months, the market is leaning toward buyer leverage, though it remains close to equilibrium. This represents a shift from the tighter conditions seen in prior months when inventory was lower relative to demand.
The median home price rose 2.6% from September to $860,000 across these 63 sales, while the time on market extended by 50% compared to the previous month to 57 days. This combination of rising prices and slower absorption suggests that while demand persists, buyers now have more selection and negotiating room than earlier in the year.
ALEX Intelligence calculates this inventory level by dividing the active listing count by the trailing monthly closing rate. With nearly 4.4 months of supply, the market is no longer a strict seller's environment, offering purchasers a wider array of options to consider before committing.
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
Source data: Unlock MLS closed sales, October 2026, n=63
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










