Lakeway and Bee Cave: October Market Recap and Outlook

What does a 13% jump in median price mean for buyers and sellers in Lakeway and Bee Cave? In October 2026, the median close price reached $909,570 across 59 closed sales, up from $805,000 a year ago. This increase occurred alongside a 23.4% drop in sales volume compared to September, highlighting a market where fewer homes are changing hands at higher values. ALEX Intelligence analyzed the October data to show how activity shifted. The median days on market stretched to 62 days, a 40.9% increase from the prior month but still 19.5% faster than the same time last year. While prices climbed, the share of homes selling below original list price rose to 91.5%, indicating that negotiation remains a key part of every transaction. The supply side shows 419 active listings, creating 4.16 months of inventory. This level suggests a balanced market where buyers have choices but must act decisively on well-priced properties. New construction accounted for just 4 of the 59 closings, while the median living area grew to 3,375 square feet, reflecting a trend toward larger homes in this price tier. Looking at the broader context, prices per square foot rose 6.6% year-over-year to $300.04. With mortgage rates at 7.11%, buyers are navigating higher borrowing costs while competing for limited inventory. The data confirms that while volume has cooled, value in Lakeway and Bee Cave continues to appreciate, driven by a selective pool of active listings and strong demand for specific property types. 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