Is Hills of Horseshoe Bay, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hills of Horseshoe Bay is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Hills of Horseshoe Bay was a Seller's Market.

Key Takeaway

Hills of Horseshoe Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hills of Horseshoe Bay, TX

How much do homes in Hills of Horseshoe Bay, TX cost?

Median Sold Price

$455,000

$493/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$84,950(-15.7%)

Key Takeaway

Homes in Hills of Horseshoe Bay have sold for 15.7% less than they did a month ago.

Summary: The median home sold price in Hills of Horseshoe Bay was $455,000 in November 2024, down 15.7% from last month, and the median price per square foot was $493.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $170K$455K
+167.6%
3 $616.6K-
N/A
4 --
N/A
5+ --
N/A

Summary: Hills of Horseshoe Bay housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 167.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hills of Horseshoe Bay, TX

How many homes are available in Hills of Horseshoe Bay, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1917-10.5%

Summary: The Hills of Horseshoe Bay real estate market had 17 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 107
-30.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Hills of Horseshoe Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hills of Horseshoe Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hills of Horseshoe Bay in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hills of Horseshoe Bay, TX

How long does it take to sell a home in Hills of Horseshoe Bay, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
138 Days126 Days-9.0%

Summary: Homes in Hills of Horseshoe Bay had an average of 126 days on market in Nov 2024, down by 9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hills of Horseshoe Bay are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Hills of Horseshoe Bay; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

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