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January 7, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Horseshoe Bay, Texas

Reported by Sue Ellett, REALTOR, CLHMS, e-pro

Updated January 4, 2009.

Current Market Rating: 3




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

Horseshoe Bay - Sales Statistics

1/1/2008 thru 12/31/08

Single Family Residential - up to $500,000

Average Days on Market Average Price Average Price/Sqf
Active 87 185 $ 332,437 $145/sq ft

Sold 53 175 $ 284,615 $126/sq ft

Single Family Residential - over $500,000 (non-waterfront)

Average Days on Market Average Price Average Price/Sqft
Active 39 190 $1,000,228 $272/sq ft

Sold 16 260 $ 750,625 $206/sq ft

Pending 3 177 $1,124,666 $304/sq ft

Single Family Residential - Over $500,000 (watefront)
Average Days on Market Average Price Average Price/Sqft
Active 48 189 $2,235,610 $523/sq ft

Sold 24 177 $1,739,461 $451/sq ft

Pending 1 56 $1,895,000 $385/sq ft

The above statistical information has been compiled through Highland Lakes Multiple Listing Service Information and is deemed to be correct at time of publication. (12/08)

Waterfront Homes over $1M have been very active this year and doubled in sales, average price per square foot and average price over 2007. Other categories are more mixed with generally slightly lower sales and sales prices, depending on location and type of property. Some categories are relatively stable.

Sue Ellett
Broker-Associate
Paragon Property Group
Coldwell Banker United Realtors
512-422-7182



ZIP Code: 78657

Location Characteristics: Horseshoe Bay is a Resort-type area situated in the Texas Hill Country on Lake LBJ. It is only a short drive from both San Antonio and Austin.

There are full-time residents in additional to many second (or third!) home owners, both families & retirees, in the area.

The area is a recreational paradise. In Horseshoe Bay alone, there are 4 golf courses and many more in the surrounding areas. Plus, world-class tennis & fitness facilities, great restaurants, close to Historic Main Street Marble Falls and the famous Blue Bonnet Cafe (great for homemade pie!), delicious barbeque, many music venues, frequent fairs & other events in the region, 7 lakes, state parks, hiking, biking, boating, fishing and so much more. You really can't go wrong here. It's a great place to Live, Work or Play!

For More Information:

View Market Conditions of other areas served by Sue Ellett

Navigate: Top > Texas > Horseshoe Bay

About Sue Ellett:
As a Broker-Associate serving the Texas Hill Country around Austin, Texas, my territory spans from Austin to Burnet & includes all 7 of our area lakes. My Team, Carol Uranga, Brooke LeMond and I look forward to assisting you with all of your Real Estate Needs. We are here to guide you through the Real Estate Process every step of the way with our knowledge of the area and the market. We provide you with the "edge" you need to make the best possible real estate decisions.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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