Lake Travis Real Estate

Homes in Lake Travis, Texas are currently favoring buyers: as of June 2025 the median sold price fell 4.7% year‑over‑year to $777,500 (about $274/ft²), with inventory rising—532 homes listed, up nearly 10% month‑over‑month—while sales slowed, with just 41 closings (a 12.8% decline from May), and 73% of homes selling below asking price. Additionally, days on market are increasing, averaging about 64 days (up 15.7% YoY), indicating homes are staying longer on the market. In luxury segments—like Waterford on Lake Travis—high-end prices remain robust, with median sales around $1.5 million, although that reflects a niche market with extended listing times. Overall, Lake Travis presents a buyer’s market with moderate price corrections, growing selection, and slower sales pace

Lake Travis’s housing market has shifted into a more favorable position for buyers, with overall inventory up, homes staying on market longer, and median sale prices dipping. However, competitiveness varies by submarket: in luxury enclaves like Waterford on Lake Travis, the Redfin Compete Score shows a moderate 37/100—homes typically sell near list, in about 55–60 days, and may receive a few offers, though not frequently going above asking price. In contrast, broader Lake Travis areas show slower turnover and more negotiating leverage for buyers, with fewer bidding wars and a more deliberate sales pace.

Lake Travis’s housing market continues transforming into a buyer-leaning landscape—with elevated inventory and slower sales creating more opportunity for both sides: buyers gain leverage for negotiations, while sellers aiming for success must price competitively and stage effectively. Notably, one-bedroom homes in the broader Lake Travis area saw a surprising 23% year-over-year price increase, while two- and three-bedrooms declined by about 20% and 9%, respectively—suggesting varying demand across segments. Submarkets like Tessera on Lake Travis reflect this trend too: inventory climbed 35% in June, and median price surged over 21% since May, though volume remains low (only two homes sold), so listing timing matters. Overall, it’s a strategic moment for buyers—stretched selection and flexibility—as well as a wake-up call for sellers to choose the right niche, optimize presentation, and adjust pricing to stand out,