Like median home prices, the average number of days homes spent on the market and the number of home sales were also mixed. Days on market were up and home sales were down, but there were some exceptions.
In September, median home prices in 78703 dropped by 50% from $1.8 million to just over $889,000. In 78701, median prices dropped nearly 50% from $1.13 million to $570,000.
Conversely, median prices in 78756 jumped over 50% from $603,500 to $926,750, the biggest increase in the market. In 78751, homes went from $822,500 to over $1 million.
The market overall saw a drop in year-over-year home sales. In September, ZIP code 78751 sold nearly 67% fewer homes compared to last year, the biggest decrease in the market.
However, sales were up in a few ZIP codes. Homes in 78705 sold 71% more homes year over year, jumping from seven closings to 12.
Homes also stayed on the market longer year-over-year in most ZIP codes. Homes in 78703 and 78704 both lingered on the market for over twice as many days as last year.
Homes in some ZIP codes sat for fewer days, however. Homes in 78751 went from spending about a month on the market to just over two weeks.
