Lakeway and Bee Cave Market Heat Score for October

What does a market heat score indicate for Lakeway and Bee Cave in October? This composite index blends four key indicators—median days on market, sale-to-list ratio, inventory levels, and price reductions—to gauge whether conditions favor buyers or sellers. In October, the median home sold for $909,570, a 13% increase from the same month last year across 59 closed sales. However, homes stayed on the market longer, with a median of 62 days compared to 44 days in September and 77 days a year ago. The share of homes selling below original list price rose to 91.5%, up from 86.2% in the prior month, while the average sale-to-list ratio improved slightly to 94.2%. Inventory remains elevated with 425 active listings, creating a 4.2-month supply based on recent sales velocity. This balance suggests a market that is neither aggressively competitive nor deeply depressed. The ALEX Intelligence heat score calculation weights these factors equally: faster sales and higher ratios push the score up, while longer days on market and higher inventory pull it down. The resulting score reflects a moderately active market where prices are rising but buyers have more time to negotiate than in previous months. This data reflects single-family home sales net of seller-paid concessions. 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