In May, there were nine homes sold, with a median home valuation of $314,000 - a 5.5 percent increase over the $297,579 median valuation for the same period of the previous year. There were 10 homes sold in Lago Vista in May 2021.
The following table compares Lago Vista to other Travis County cities with similar median home valuations in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Valuation | May 2021 Median Valuation | % change (Median Valuation) |
---|---|---|---|---|---|---|
Marble Falls | 2 | 0 | - | $480,597 | $0 | - |
Cedar Park | 3 | 8 | -62.5 | $474,203 | $543,172 | -12.7 |
Dripping Springs | 2 | 1 | 100 | $474,108 | $304,900 | 55.5 |
Austin | 265 | 243 | 9.1 | $373,800 | $331,341 | 12.8 |
Briarcliff | 1 | 1 | 0 | $351,317 | $399,000 | -12 |
Lago Vista | 9 | 10 | -10 | $314,000 | $297,579 | 5.5 |
Pflugerville | 20 | 34 | -41.2 | $283,844 | $279,122 | 1.7 |
Manor | 16 | 5 | 220 | $240,227 | $205,000 | 17.2 |
Volente | 1 | 0 | - | $237,669 | $0 | - |
Garfield | 1 | 2 | -50 | $230,370 | $58,790 | 291.9 |
Wells Branch | 3 | 1 | 200 | $226,307 | $286,163 | -20.9 |