Real Estate Market Northwest Austin – Spring 2017
Hi, I’m Roselind Hejl, and this is a real estate market northwest Austin update. These neighborhodos attend Westwood High School.
These include Balcones Woods, Barrington Oaks, Canyon Creek, Great Hills, Milwood, Oak Forest, Spicewood neighborhoods, and more.
Westwood High neighborhoods were built from the 1970’s through the 1990’s. These are very mature neighborhoods with tree lined streets.
Homes in the Westwood High area can range from about $200,000 to 1,000,000. But most homes are in the $200,000 – 500,000 range. The median home sale in 2016 was $425,000.
Price range – Number of Sales in 2016
100-200 8
200-300 130
300-400 109
400-500 127
500-600 92
600-700 29
700-800 25
800-900 4
900-1000 4
1000-2000 2
Months of Inventory on Market
We use a measurement called “months of inventory on market”. Which is an indicator of how quickly homes are selling. About 6 months of inventory on market is considered a balanced market.
Westwood Neighborhoods Months of Inventory
Under $500,000 .96 months of inventory on market
Over $500,000 1.6 months
These affordable, close in neighborhoods move very fast.
Call us for help with selling your home, or finding your next home!
Thank you for visiting our market update northwest Austin. If you are interested in selling or buying a new home, give us a call. We would love to hear from you. You will have one of Austin’s most experienced teams on your side.
Email: Matthew Hejl – matthew@weloveaustin.com
Roselind Hejl – roselind@weloveaustin.com
Phone or Text:
Matthew Hejl – 512-297-1040
Roselind Hejl – 512-789-4563