How Competitive is the Northwest Hills, TX Housing Market?
Northwest Hills, a neighborhood in Austin, TX, is currently a moderately competitive housing market. Nearly 19% of homes closed above list price in the 3 months ending June 2026, and listings took a median of 44 days to sell.
The National Picture
The national housing market saw 24.6% of homes sell above asking in June 2026, with 50 days as the median time on market. In Northwest Hills, 18.7% sold above list and homes sat for 44 days, suggesting a calmer pace than the national average.
Nearly Half of Listings Go Pending Fast
Homes in Northwest Hills sold for an average of 98.7% of list price, with 47.7% going under contract within two weeks. Compared to South Lawn (9.5% sold above, 55 days), Northwest Hills sees more overbidding. Jester (28.5% sold above, 33 days) is even more competitive.
Why is Northwest Hills, TX Moderately Competitive?
Northwest Hills is moderately competitive because surging buyer demand has outstripped the flow of new listings. Active listings rose 34% year over year to 90, while pending sales grew 110% to 29. The 4.3 months of supply indicates a relatively balanced market, though some pockets still attract competitive offers. About 32% of listings have seen a price drop, suggesting sellers are adjusting expectations where needed.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Market in 2 Wks |
|---|---|---|---|---|
| Northwest Hills ★ | 18.7% | 98.7% | 44 days | 47.7% |
| South Lawn | 9.5% | 96.1% | 55 days | 21.9% |
| Jester | 28.5% | 97.6% | 33 days | 47.0% |
| RMMA | 24.3% | 99.1% | 52 days | 39.0% |
| Bull Creek | 28.5% | 99.7% | 40 days | 49.4% |
| Northwest Hills-Far West | 27.9% | 99.7% | 38 days | 47.0% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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