I think we knew this already, but now it’s official!
According to Community Impact Newsletter…
Westlake has become the only $1 million real estate market in the Austin area, according to median home sale prices in the first quarter of 2017.
According to the Austin Board of Realtors, median home sales reached $1.03 million from January through March in the 78746 ZIP code, which encompasses the cities of Rollingwood and West Lake Hills, as well as Travis County and Austin neighborhoods Davenport Ranch, Lost Creek, Rob Roy and Westwood.
“It’s kind of hard to believe that home prices have escalated the way they have,” West Lake Hills Mayor Linda Anthony said. “It’s not just in West Lake Hills—it’s across the whole area.”