Real Estate Market Update for The Hills, TX
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 19% from one year earlier, and up 47% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 610-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 1000%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 630-thousand dollars. The number of units sold decreased 50% year-over-year, and decreased 75% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for The Hills, TX
School Data for The Hills, TX

School Name Distance Type Grades GreatSchools Rating Parent Rating
Serene Hills Elementary School 2.5 mi Public K-5 5 5
Bee Cave Elementary 3.6 mi Public K-5 4-5 5
Lake Pointe Elementary 3.8 mi Public K-5 5 5
Lake Travis High School 3.8 mi Public 9-12 4-5 4
Lake Travis Middle School 3.8 mi Public 6-8 5 4
Montessori School Lake Travis 4.3 mi Private PRESCHOOL-1 0 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
Local Weather for The Hills, TX
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.