$169,900
1.00 Acres
Land
Erica Burns, Listing Office: Coldwell Banker Realty
Is Lake Travis, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lake Travis was a Seller's Market.
Key Takeaway
Lake Travis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Travis, TX
How much do homes in Lake Travis, TX cost?
Median Sold Price
$775,875
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,458(-0.3%)
Key Takeaway
The sold price of homes in Lake Travis has remained the same since last year.
Summary: The median home sold price in Lake Travis was $775,875 in November 2024, down 0.3% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $306.4K | $467.5K | +52.5% |
| 2 Bedrooms | $469K | $408.4K | -12.9% |
| 3 Bedrooms | $642K | $609K | -5.1% |
| 4 Bedrooms | $799K | $866.3K | +8.4% |
| 5+ Bedrooms | $1.0M | $1.2M | +15.9% |
Summary: Lake Travis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.5%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 15.9%.
Housing Supply in Lake Travis, TX
How many homes are available in Lake Travis, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 328 | 337 | +2.7% |
Summary: The Lake Travis real estate market had 337 homes for sale in November 2024, a 2.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 107 | 111 | +3.7% |
| 4 Bedrooms | 126 | 125 | -0.8% |
| 5+ Bedrooms | 67 | 71 | +6.0% |
Summary: The Lake Travis 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 increased by 9.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Travis, you may be able to get a good deal. 79.3% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Lake Travis in November 2024, down by 9.4% month-over-month. Of the 29 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Lake Travis, TX
How long does it take to sell a home in Lake Travis, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 98 Days | +36.9% |
Summary: Homes in Lake Travis had an average of 98 days on market in Nov 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lake Travis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 29 homes were sold in Lake Travis; 28% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
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Based on Information provided by South Texas MLS, LLC ©2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.