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Tuesday, November 5, 2024

First half of 2022: Home valuations in West Lake Hills increased

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The median assessed value of a home sold in the first half of 2022 in West Lake Hills rose by $139,700 while total valuation decreased by 40 percent, according to BlockShopper.com.

From January through June, there were nine homes sold, with a median home valuation of $1,509,661 - a 10.2 percent increase over the $1,369,961 median valuation for the same period of the previous year. There were 15 homes sold in West Lake Hills in the first half of 2021.

The following table compares West Lake Hills to other Travis County cities with similar median home valuations in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median ValuationJanuary - June 2021 Median Valuation% change (Median Valuation)
West Lake Hills915-40$1,509,661$1,369,96110.2
Barton Creek1014-28.6$1,330,005$1,273,8624.4
Rollingwood37-57.1$976,431$1,275,900-23.5
Lost Creek813-38.5$776,522$753,7593
The Hills10100$651,145$539,43320.7
Bee Cave221729.4$636,800$602,3235.7
Sunset Valley110$623,700$355,00075.7
Lakeway634346.5$554,200$478,50015.8
Shady Hollow770$501,500$512,938-2.2
Spicewood3638-5.3$497,507$601,444-17.3
Hudson Bend21100$481,116$120,371299.7

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