West Lake Hills and Surrounding Areas Real Estate Roundup

August 17, 2018by Brian Talley

West Lake Hills and the surrounding areas had mixed results for area real estate in July 2018, according to the Austin Board of REALTORS® Regional Sales and Price Activity provided by the Real Estate Center at Texas A&M University.

Westlake Hills homes had a median price of $986,000 in July 2018. This is a 31.8 percent decrease from June 2018 and a 21.9 percent decrease from July of 2017. Five homes sold in July 2018, which is a 64.3 percent decrease from June 2018 but a 25 percent increase from July 2017.

Further west, Bee Cave homes had a median price of $582,500 in July 2018. This is a 3.4 percent decrease from June 2018 and a 29.4 percent decrease from July of 2017. Four homes sold in July 2018, which is a 33.3 percent decrease from June 2018 and a 20 percent decrease from July 2017.

Toward the hill country, Spicewood homes had a median price of $489,570 in July 2018. This is a 2.6 percent increase from June 2018 and a 14.5 percent increase from July of 2017. Twenty-two homes sold in July 2018, which is a 4.8 percent increase from June 2018 and a 10 percent increase from July 2017.

Further south, Dripping Springs homes had a median price of $444,500 in July 2018. This is a 3.4 percent decrease from June 2018 and a 23.4 percent decrease from July of 2017. Thirty-four homes sold in July 2018, which is a 9.7 percent increase from June 2018 and a 30.8 percent increase from July 2017.

View West Lake Hills homes for sale.