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 December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 24% from one year earlier, and down 25% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 2.5-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 43%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 1.45-million dollars. The number of units sold increased 100% year-over-year, and increased 100% 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 School Rating Parent Rating
Bridge Point El 91.9 mi Public K-5 5 0
Ace Academy 92.2 mi Private PRESCHOOL-12 0 0
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 4
J Lyndal Hughes Elementary School 93.5 mi Public PRESCHOOL-5 3 0
Westlake Academy 94.3 mi Public K-12 5 0
James M Steele Accelerated High School 95.5 mi Public 9-12 5 4
Lakeview Elementary School 95.6 mi Public K-5 5 0
Wayne A Cox Elementary 95.6 mi Public PRESCHOOL-5 5 0
Eanes Elementary School 95.8 mi Public K-5 5 0
Trinity Episcopal School Of Au 95.9 mi Private K-8 0 0
Legacy Oaks Christian School 96.0 mi Private PRESCHOOL-12 0 0
Samuel Beck Elementary School 96.0 mi Public K-5 5 0
Forest Trail Elementary School 96.1 mi Public K-5 5 0
Valley View Elementary School 96.1 mi Public K-5 5 0
Medlin Middle School 96.4 mi Public 6-8 5 0
Westlake High School 96.4 mi Public 9-12 5 4
Westlake Alternative School 96.4 mi Public 9-12 0 0
Adult Transition Services 96.4 mi Public 12-UNGRADE 0 0
Hill Country Middle School 96.5 mi Public 6-8 5 0
Roanoke Elementary School 96.6 mi Public PRESCHOOL-5 3 0
Cedar Creek Elementary School 96.7 mi Public K-5 5 0
Byron Nelson High School 96.7 mi Public 9-12 4 4
Denton Creek 97.9 mi Public 9-12 1 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
Local Weather for Westlake, TX
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.