The Hills Market Report: Median Falls 11.9% as Homes Take Longer to Sell
For the three months ending October 2026, the median sale price in The Hills fell 11.9% year over year to $874K and homes sold after a median 99 days, up from 74. Sale-to-list rose to 97.4%, with 23.5% selling above list.
Median price down 11.9% year over year
$874K for the three months ending October 2026, after a 1.7% gain in the window ending August.
Days on market rose to 99
A median 99 days versus 74 a year earlier and 69 in the window ending August.
23.5% of homes sold above list
Up 18.0 points year over year, with sale-to-list at 97.4%.
Seventeen sales in October
Against 18 in October 2025, a thin base that single closings can move.
Most listings ask $1 million or more
Nine of 14 active listings Redfin showed on November 11, 2026 asked $1 million or more; none asked over $2 million.
The short answer: the picture in The Hills shifted this fall. The median sale price fell and homes took longer to sell, but the homes that did sell came closer to, and more often above, asking.
Over the three months ending October 2026, the median sale price in the Village of The Hills was $874K, down 11.9% from the same period a year earlier, according to Redfin. Median price per square foot was $272. Our last report, covering the three months ending August, found the median up 1.7% to $988,346 and price per square foot at $329, so the summer's resilience did not carry into fall.
Pace slowed. Homes sold after a median 99 days, compared with 74 a year earlier. In the August window the median was 69 days.
Pricing held close to list. The sale-to-list ratio rose 0.3 points year over year to 97.4%, and 23.5% of homes sold above list price, up 18.0 points. A lower median alongside a firmer sale-to-list ratio means the decline does not show up as deeper discounts off asking prices.
Read the numbers with the sample size in mind. Seventeen homes sold in The Hills in October 2026, against 18 in October 2025. On a base that small, one or two closings at the top or bottom of the range can move the median by double digits, so the 11.9% decline is a signal to watch rather than a settled trend.
Inventory is small and mostly above $1 million. Redfin showed 14 active listings for The Hills on November 11, 2026, counting houses, condos and townhouses. Nine of them asked $1 million or more, four asked between $1.5 million and $2 million, none asked above $2 million, and one asked $750,000 or less. With so few listings, a single new listing shifts these shares.
What to do with this. Sellers: with a 99-day median, price to the most recent village comps and plan for a longer runway than a year ago. Buyers: more time on market gives room to negotiate on homes that have sat, though well-priced homes are still selling at or above list.
About this report. Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty and part of Creath Partners, the family business his father Garry Creath founded in 1971 and brought to Austin in 1989. This is his second monthly report on The Hills, part of his coverage of communities around Lakeway. TREC License #547237.
The Hills as of November 11, 2026
These figures are frozen at publication. The The Hills guide carries the current month's numbers.
Every number, and where it came from.
Median sale price in The Hills was $874K over the three months ending October 2026, down 11.9% year over year; median price per square foot was $272.
redfin.com ↗Homes in The Hills sold after a median 99 days on market over the three months ending October 2026, compared with 74 days a year earlier; 17 homes sold in October 2026 versus 18 in October 2025.
redfin.com ↗Sale-to-list price in The Hills was 97.4%, up 0.3 points year over year; 23.5% of homes sold above list, up 18.0 points.
redfin.com ↗Over the three months ending August 2026, the median sale price in The Hills was $988,346, up 1.7% year over year, with median price per square foot of $329 and a median 69 days on market (as published in the 2026-09 report).
redfin.com ↗Redfin showed 14 active listings (houses, condos and townhouses) for The Hills on November 11, 2026: 1 at or under $750K, 4 from $750K-$1M, 5 from $1M-$1.5M and 4 from $1.5M-$2M, none above $2M.
redfin.com ↗
Sale metrics are Redfin's calculations from MLS and public records for the city of The Hills, TX, over the three months ending October 2026, checked on Redfin's live page on November 11, 2026. October Sales counts homes sold in October 2026 against October 2025. The price distribution is not from a banded source: it is a count of the 14 active listings (houses, condos and townhouses, lots excluded) Redfin showed for The Hills on November 11, 2026, so it reflects asking prices of a small current inventory rather than closed sales.
