$9,600,000
4,754 SqFt
4 Beds
•4 Full Baths, 1 Partial
Cord Shiflet, Listing Office: Moreland Properties
Is West Lake Hills, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Lake Hills has remained a Buyer's Market.
Key Takeaway
West Lake Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Lake Hills, TX
How much do homes in West Lake Hills, TX cost?
Median Sold Price
$4,320,000
$735/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$2,490,000(+136.1%)
Key Takeaway
Homes in West Lake Hills have sold for 136.1% more than they did a month ago.
Summary: The median home sold price in West Lake Hills was $4,320,000 in September 2024, up 136.1% from last month, and the median price per square foot was $735.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.7M | - | N/A |
| 5+ Bedrooms | $3.5M | $4.3M | +23.4% |
Summary: West Lake Hills housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 23.4%.
Housing Supply in West Lake Hills, TX
How many homes are available in West Lake Hills, TX?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The West Lake Hills real estate market had 27 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The West Lake Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Lake Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in West Lake Hills in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Lake Hills, TX
How long does it take to sell a home in West Lake Hills, TX?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 87 Days | 13 Days | -85.1% |
Summary: Homes in West Lake Hills had an average of 13 days on market in Sep 2024, down by 85.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Lake Hills are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in West Lake Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.