Lakeway and Bee Cave Homes Are Getting Bigger in October

The median home sold in Lakeway and Bee Cave this month was 3,343 square feet, up from 3,184 square feet last month and significantly larger than the 2,884 square feet typical of October a year ago. This shift toward larger floor plans reflects a changing buyer preference in the lake communities, where ALEX Intelligence analyzed rolling trends across 63 closed sales to identify the pattern. Over the past two years, the average size of homes closing has grown by 15.9% compared to the same period last year. While the median price per square foot also rose to $300 from $282 a year ago, the total median sale price increased by 13.2% to $860,000. This suggests that buyers are prioritizing space and amenities over compact living arrangements in this market segment. The data shows a clear trend: homes with more square footage are dominating the sales volume. In October 2024, the median home was 2,884 square feet; by October 2026, that figure had jumped to 3,343 square feet. This growth in living area coincides with a 5% increase in size compared to September, indicating that new listings and subsequent closings are consistently larger than those from the previous month. For sellers, this trend highlights the value of space. For buyers, it signals that the inventory available now favors properties with expanded footprints. The market is not just moving up in price; it is moving up in size, with the median home becoming distinctly larger over the last 24 months. 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