Home Sales Fall in Westlake Real Estate Market

The Westlake market slowed with a 25.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.2 monthly average with three homes sold. Within the same time frame, Fort Worth had 803 sales, the most of all cities in the area. The median sales price rose dramatically to $1,195,000 over the latest reporting period for Westlake, up from $722,450. Westlake is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.

Looking for adequate space in your home? Check out these listings in Westlake that provide large living areas:

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Get started right now by checking out Westlake homes for sale or reviewing Westlake real estate trends.

Demographic facts for Westlake:

  • 5.3% of the people living here rent their homes.
  • The 10-year growth projection for this area is 33.8%.
  • For every librarian there are 635 students in this area. (803 = national average)

Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Debbie Dunn
Snapped 1 home in this area

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