$329,000
0.45 Acres
Land
Alexis Thompson, Listing Office: Bar T Realty, LLC
Is Southwest 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, Southwest Travis was a Neutral Market.
Key Takeaway
Southwest Travis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southwest Travis, TX
How much do homes in Southwest Travis, TX cost?
Median Sold Price
$793,790
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,043(-0.8%)
Key Takeaway
Homes in Southwest Travis have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Southwest Travis was $793,790 in November 2024, down 0.8% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $324.5K | $262.5K | -19.1% |
| 2 Bedrooms | $450K | $472K | +4.9% |
| 3 Bedrooms | $630K | $584.3K | -7.3% |
| 4 Bedrooms | $890K | $874K | -1.8% |
| 5+ Bedrooms | $1.3M | $1.4M | +10.1% |
Summary: Southwest Travis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Southwest Travis | $799.8K | $793.7K | -0.8% |
| Lakeway | $770.6K | $739.4K | -4.1% |
Housing Supply in Southwest Travis, TX
How many homes are available in Southwest Travis, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 814 | 811 | -0.4% |
Summary: The Southwest Travis real estate market had 811 homes for sale in November 2024, a 0.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 43 | 41 | -4.7% |
| 3 Bedrooms | 261 | 263 | +0.8% |
| 4 Bedrooms | 337 | 326 | -3.3% |
| 5+ Bedrooms | 162 | 169 | +4.3% |
Summary: The Southwest Travis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 108 | 67 | -38.0% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Travis, you may be able to get a good deal. 79.1% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Southwest Travis in November 2024, down by 38.0% month-over-month. Of the 67 sold homes, 79% were sold under asking, 16% were sold at asking, and 4% were sold over asking.
Days on Market for Southwest Travis, TX
How long does it take to sell a home in Southwest Travis, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 73 Days | 90 Days | +23.3% |
Summary: Homes in Southwest Travis had an average of 90 days on market in Nov 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Southwest Travis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 67 homes were sold in Southwest Travis; 24% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 39% 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. 
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