Lakeway and Bee Cave: New Listings Outpace Closings in October

In October, Lakeway and Bee Cave saw a clear divergence between new supply and actual closings. New listings jumped to 118, up from 105 in September, while closed sales dropped to 63 from 91 the prior month. This gap signals that fresh inventory is entering the market faster than buyers are completing purchases. ALEX Intelligence analyzed the dual-axis trend of new supply versus demand to quantify this shift. The ratio of new listings to closings has widened, suggesting a temporary accumulation of available homes even as prices continue to rise. Median close prices reached $860,000, a 2.6% increase from September and 13.2% higher than October 2025, despite the slower sales pace. The supply gap is further highlighted by the median days on market, which extended to 57 days compared to 38 days in September. This indicates that while demand remains strong enough to push prices up, the influx of new listings is giving buyers more time to evaluate options. The market is balancing as sellers list at higher rates, yet closings remain below the recent monthly average. This dynamic creates a unique environment where inventory grows faster than it depletes. Buyers may find more choices in the coming weeks, while sellers face increased competition for attention despite the rising median price point. The data reflects a market adjusting to new supply rather than a sudden shift in buyer sentiment. 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