In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at sales price ranges in different neighborhoods. Today, it’s checking out numbers in the Northwest Hills/Far West neighborhood, as it did in July.
Northwest Hills is bounded by MoPac on the east, state Highway 360 on the west, RR 2222 on the south, and Spicewood Springs Road on the north. As the name implies, it’s in the hills overlooking Lake Austin, and is home to a mix of middle- to upper-middle-class residents who are attracted to the views, recreation opportunities, and easy access to retail, restaurants, and entertainment in almost every direction.
The current average listing price is $237 per square foot, but the individual properties that make up that average range tightly, from $214/square foot (6607 Candle Ridge Cove, a two-story house asking $649,900) to $334/square foot (4503 Twin Valley Circle, a 2,090-square-foot house asking $699,000).
There seems to be very little play at the lower end of the market, while the prices do range about 50 percent above the average at the higher end.
You can view the full, interactive chart at the link below.