Is The Hills, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, The Hills was a Seller's Market.
Housing Prices in The Hills, TX
How much do homes in The Hills, TX cost?
Median Sold Price
$908,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Hills was $908,000 in April 2024, up 2.1% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $307K | +0.7% |
2 Bedrooms | $421K | $485K | +15.2% |
3 Bedrooms | $980K | $735K | -25.0% |
4 Bedrooms | $915K | $1.0M | +10.8% |
5+ Bedrooms | $875K | $1.2M | +44.3% |
Summary: The Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 15.2%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 44.3%.
Median Sold Price Compared To Nearby Cities
The Hills | $889.2K | $908K | +2.1% |
Southwest Travis | $849.9K | $816.7K | -3.9% |
Lakeway | $856.5K | $771.3K | -9.9% |
Housing Supply in The Hills, TX
How many homes are available in The Hills, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The The Hills real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The The Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in The Hills in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for The Hills, TX
How long does it take to sell a home in The Hills, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 17 Days | -51.0% |
Summary: Homes in The Hills had an average of 17 days on market in Apr 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in The Hills; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.