West Lake Hills, TX Housing Market & Real Estate

Buyer's market-30.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in West Lake Hills, TX is $2.60M, down 30.7% year-over-year. Homes sell in an average of 202 days with 14 active listings. The market is currently a buyer's market.

$2.60Mmedian sale price

Is West Lake Hills a buyer's or seller's market?

Buyer's market7.0 months of supply202 avg. days on market

West Lake Hills, TX is currently a buyer's market, based on 7.0 months of supply and homes selling in about 202 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

202

Average pace

Active listings

14

7.0 months supply

Sale-to-list

96.2%

Below asking

West Lake Hills, TX market data

Current housing market statistics for West Lake Hills, TX
MetricValue
Median sale price$2.60M
Median list price$2.50M
Year-over-year price change-30.7%
Average days on market202 days
Active inventory14 listings
Months of supply7.0 months
Sale-to-list price ratio96.2%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The West Lake Hills housing market is currently classified as a buyer's market with a median sale price of $2.60M. Prices have fallen 30.7% compared to last year, with homes spending an average of 202 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in West Lake Hills

There are currently 14 homes listed for sale in West Lake Hills, Texas. The median listing price is $2.5M.

Active listings

14

Homes on market

Median list price

$2.5M

Avg. days on market

202

Days until sale

New this week

3

Newly listed

Price drops:28.6%of listings
Sale-to-list:96.2%

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Frequently asked questions

What is the average home price in West Lake Hills?

The median home sale price in West Lake Hills is $2.60M, down 30.7% from last year.

How long do homes stay on market in West Lake Hills?

Homes typically spend 202 days on market before going under contract.

Is West Lake Hills a buyer's or seller's market?

With 7.0 months of supply, West Lake Hills is currently a buyer's market.

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