Real Estate Market Update for Westlake, TX

Video: Real Estate Community Tour for Westlake, TX

See Real estate community tour for Westlake, TX
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 4% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 1.9-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 1.7-million dollars. The number of units sold increased 33% year-over-year, and increased 300% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
Show Transcript
Map Information for Westlake, TX
School Data for Westlake, TX

School Name Distance Type Grades GreatSchools Rating Parent Rating
Bridge Point El 91.9 mi Public K-5 4-5 5
St Stephens Episcopal School 92.7 mi Private 6-12 0 4
Our Lady Of Grace High School 93.0 mi Catholic 9-12 0 0
John M Tidwell Middle School 93.3 mi Public 6-8 4-5 2
J Lyndal Hughes Elementary School 93.6 mi Public PRESCHOOL-5 2-5 5
Westlake Academy 94.3 mi Public K-12 4-5 4
Roanoke Elementary School 95.3 mi Public PRESCHOOL-5 3 4
James M Steele Accelerated High School 95.5 mi Public 9-12 0 0
Lakeview Elementary School 95.5 mi Public K-5 5 4
Wayne A Cox Elementary 95.6 mi Public PRESCHOOL-5 0 0
Eanes Elementary School 95.8 mi Public K-5 5 5
Samuel Beck Elementary School 95.9 mi Public K-5 5 4
Trinity Episcopal School Of Au 95.9 mi Private K-8 0 4
Legacy Oaks Christian School 96.0 mi Private PRESCHOOL-12 0 0
Forest Trail Elementary School 96.1 mi Public K-5 5 5
Valley View Elementary School 96.1 mi Public K-5 4-5 5
Medlin Middle School 96.4 mi Public 6-8 4-5 4
Westlake Alternative School 96.4 mi Public 9-12 0 2
Westlake High School 96.4 mi Public 9-12 4-5 4
Hill Country Middle School 96.7 mi Public 6-8 5 5
Cedar Creek Elementary School 96.7 mi Public K-5 4-5 5
Byron Nelson High School 96.7 mi Public 9-12 4 4
Denton Creek 97.9 mi Public 9-12 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: and Onboard Informatics © 2015
Local Weather for Westlake, 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.