Residential Real Estate Activity in The Dominion, in San Antonio, Texas, During the month of December 2016.
The number of active listings was down 26% from 2015 and 8% from the previous month, this means that home buyers that did not bought now have a smaller selection to choose from, because of a smaller inventory.
The Median listing price for the month was of $779,000, with no change from December 2015.
The average days on the market raised from 91 on December 2015 to 147 on December 2016, representing a 62% increase, this higher number shows a slowdown in the local inventory turnover rate.
The Median sales price was $586,000 on 2016, a big drop from the previous year where it was $812,500.
The number of units sold increased from 4 in 2015 to 8 on 2016, it also showed a decrease from the previous month, where the units sold were 16, Higher year over year units sold, means that more buyers are finding what they are looking for.
Here’s the most recent home listings added to the database in The Dominion. If you’re looking for New Home, Build on your lot or can’t find here what you are looking for, contact us we can definitely help you find it.