Bee Cave, TX Real Estate Listings & Homes for Sale

In October 2024, Bee Cave home prices experienced a sharp decline, with the median price dropping 38.5% year-over-year to $737,000. Despite this overall decrease in home prices, the median sale price per square foot rose significantly, reaching $377—an increase of 34.2% from the previous year. This divergence suggests a shift in the market dynamics, possibly reflecting a higher demand for smaller, more efficiently designed homes or an emphasis on properties in prime locations. Buyers might find opportunities in larger or more expensive properties, while sellers of smaller homes are capitalizing on their increased per-square-foot value.

The Bee Cave housing market is relatively calm, with limited competition among buyers. Homes typically sell in about 83 days, and multiple offers are uncommon. On average, properties sell for approximately 3% below the listing price and take around 83 days to go under contract. However, "hot" homes—those that are well-priced and in high demand—tend to perform slightly better, selling for about 1% below the list price and going pending in roughly 46 days. This slower-paced market may present opportunities for buyers to negotiate favorable terms while giving sellers more time to find the right buyer.

In Bee Cave, TX, homes typically sell after an average of 111 days on the market. This marks an upward trend in the median days on market compared to both the previous month and the same time last year. The increase suggests a slowing market, where properties are taking longer to sell. This shift could be due to changes in buyer demand, pricing adjustments, or broader market conditions, offering potential buyers more time to explore their options and negotiate.