Is Bee Cave, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bee Cave is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bee Cave was a Seller's Market.

Key Takeaway

Bee Cave is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bee Cave, TX

How much do homes in Bee Cave, TX cost?

Median Sold Price

$898,115

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,115(+3.2%)

Key Takeaway

Homes in Bee Cave have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Bee Cave was $898,115 in October 2024, up 3.2% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $590K$449K
-23.9%
3 $742.5K$674.7K
-9.1%
4 $978K$938.4K
-4.0%
5+ $1.2M$1.2M
-0.8%

Summary: Bee Cave housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.9%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Bee Cave
+3.2%
Southwest Travis
0.0%
Lakeway
-2.9%

Housing Supply in Bee Cave, TX

How many homes are available in Bee Cave, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4145+9.8%

Summary: The Bee Cave real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1111
0.0%
4 1517
+13.3%
5+ 1315
+15.4%

Summary: The Bee Cave housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bee Cave, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bee Cave in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Bee Cave, TX

How long does it take to sell a home in Bee Cave, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days101 Days+135.1%

Summary: Homes in Bee Cave had an average of 101 days on market in Oct 2024, up by 135.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bee Cave has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Bee Cave; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bee Cave, TX

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