Real Estate Market Update for Westlake, TX
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 39% from one year earlier, and down 26% 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 over 2.8-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 1500%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was over 3-million dollars. The number of units sold increased 100% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. 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
St Stephen's Episcopal School - Austin 92.7 mi Private 6-12 0 4
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
Denton Creek 95.1 mi Public 9-12 0 0
James M Steele Accelerated High School 95.5 mi Public 9-12 5 4
Merryhill Preschool 95.5 mi Private PRESCHOOL-PRESCHOOL 0 0
Lakeview Elementary School 95.6 mi Public K-5 5 0
Fusion Academy - Austin 95.6 mi Private 6-12 0 0
Wayne A Cox Elementary 95.6 mi Public PRESCHOOL-5 4 0
Proximity Learning 95.8 mi Private K-12 0 0
Eanes Elementary School 95.8 mi Public K-5 5 0
Trinity Episcopal School - Austin 95.9 mi Private K-8 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
Adult Transition Services 96.4 mi Public UNGRADE-UNGRADE 0 0
Hill Country Middle School 96.5 mi Public 6-8 5 0
Roanoke Elementary School 96.6 mi Public PRESCHOOL-5 4 0
Cedar Creek Elementary School 96.7 mi Public K-5 5 0
Byron Nelson High School 96.7 mi Public 9-12 5 4
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.