Westlake Hills Homes for Sale – Sold Days on the Market Report

Between 1/1/2011 and 6/30/2011 27 West Lake Hills homes were sold.  Homes sold in 30 days or less accounted for 48.15% of the sales, and sold for 96.62% of the average advertised price.   Below is a chart providing more details about the average days on the market for West Lake Hills homes for sale.  The chart includes the number of properties sold, days on the market, and the average percentage of the advertised or listed price to the actual sales price.  Generally, the longer a property is on the market the more the price has to drop to complete the sale.  It is better to price the property appropriately upfront and move it.  Otherwise you may end up holding the property for an extended period and not receive any higher price.