West Lake Hills: Median Price Dips 2.4% in Rolling Year

What does a 2.4% drop in median price mean for West Lake Hills buyers and sellers? Over the rolling 12 months ending October 31, 2026, the market recorded 43 closed sales with a median close price of $2,392,865. This figure is down from the prior period's median of $2,451,000 and matches the same window last year. ALEX Intelligence analyzed the shift in pricing dynamics alongside volume changes. While the median price decreased slightly, the market showed increased activity with 43 closed sales compared to 33 in the prior rolling period. The median days on market also improved significantly, dropping 38.8% to 41 days from 67 days in the previous window. Price per square foot tells a different story of value adjustment. The median price per square foot rose 16.2% to $743.05, suggesting that while overall prices dipped slightly, the value per unit of living space increased. Homes sold at a median close-to-original list ratio of 92.8%, up from 88.3% previously, indicating buyers are negotiating closer to asking prices than before. The inventory landscape remains tight with only nine active listings today, creating a months of inventory level of 2.08. This low supply supports the observed price stability despite the slight median dip. The data reflects a market where fewer homes are selling at slightly lower aggregate prices but maintaining strong per-square-foot value and faster turnover. 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