The Hills Market vs. Neighbors: Price and Speed Trends

Deal of the Week

Deal of the Week · 18 Glenway DR, The Hills TX 78738 · MLS #1964967 · Listed by LPT Realty LLC - Ascend Group. ALEX valuation $800,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $818,000 18 Glenway DR, The Hills TX 78738 · MLS #1964967 Listed at $799,900, 4 bed, 3 bath, 3,216 sq ft. Listed 0% below the ALEX valuation; 13% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184285279/18-Glenway-DR-The-Hills-TX Lower-middle quartile: $818,000 to $900,000 2 WATERFALL DR, The Hills TX 78738 · MLS #1648884 Listed at $845,000, 4 bed, 4 bath, 3,169 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 8% under the local price per sq ft; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1191283205/2-WATERFALL-DR-The-Hills-TX Upper-middle quartile: $900,000 to $1,195,000 38 Tiburon DR, The Hills TX 78738 · MLS #1315567 Listed at $999,900, 4 bed, 3.5 bath, 3,609 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188239237/38-Tiburon-DR-The-Hills-TX Upper quartile: $1,195,000 and up 17 Hedgebrook WAY, The Hills TX 78738 · MLS #8086387 Listed at $1,785,000, 4 bed, 4 bath, 4,640 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 6% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189175161/17-Hedgebrook-WAY-The-Hills-TX

Key figures · The Hills · rolling 12 months ending Oct 31, 2026

54 homes sold in The Hills in the 12 months ending Oct 31, 2026 (up 14.9% on a year earlier).

Median net sale price: $917,250 (down 5.2% on a year earlier).

Median price per square foot: $286.

Median days on market: 36.

Median sale price as a share of the original list price: 97.0%.

16 homes for sale now, about 2.7 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 12 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

The median home price in The Hills dropped 5.2% over the trailing 12 months to $917,250, while homes sold faster than the broader region. This comparison uses a rolling 12-month window of 54 closed sales to benchmark The Hills against Travis County and the wider Unlock MLS region. ALEX Intelligence analyzed the data to show how local pricing and speed compare to peers. The median close-to-original list ratio in The Hills was 97%, indicating homes sold for slightly less than their original asking price. This is higher than the regional average of 94% and matches the Travis County average of 94.4%. Days on market provide a clear contrast. Homes in The Hills spent a median of 36 days on the market, significantly faster than the 58 days seen in Travis County and the 65 days across the broader region. Price per square foot also remained elevated at $286, compared to $244 in Travis County and $198 for the region. Inventory levels show 16 active listings, representing roughly 2.7 months of supply. While the median price is down from the prior period's $968,000, the faster sales velocity suggests steady demand despite lower prices. The data reflects a market where local properties command a premium over regional averages but are moving more quickly than comparable homes elsewhere. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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