How is the Highland Lakes and Horseshoe Bay Real Estate Market?
The Highland Lakes MLS Board covers all of Burnet and Llano Counties and much of the surrounding counties. 2014 was the best year for overall sales since the market downturn of 2008. 2015 continues to show our market is healthy and growing. Here are some stats for the overall market as well as Horseshoe Bay.
Total Highland Lakes MLS Sales Volume:
Total Horseshoe Bay Sales Volume:
For many categories of real estate including improved residential, waterfront and resort homes, this is the best time to sell since 2007. Prices are on the rise. Another significant indicator of market health is the median number of days sold homes were on the market. Using median rather than average prevents abnormal properties from distorting the picture.
Highland Lakes MLS Median Days on Market:
2014 - 145
2015 thru 3rd QTR - 123
Horseshoe Bay Median Days on Market:
2014 - 159
2015 thru 3rd QTR - 158
Horseshoe Bay Real Estate carries the highest market values in our area. It is common for higher value properties to take a little longer to sale.
Please submit questions by email at jeffbspears@gmail.com, or feel free to give me a call on my direct line at 325-248-4369.
Jeff Spears is a Licensed Broker in the State of Texas. Each Office of Keller Williams Realty is Independently Owned and Operated.