While homes stay on the market longer, the median sales prices have stayed around the same prices as the previous year, with the exception of the 78266 ZIP code, which increased by around 11.82%
The breakdown
All five ZIP codes have had increased days on the market, meaning properties were listed for sale longer before being purchased. The 78233 ZIP code, which includes parts of Live Oak, Selma and Universal City had the largest increase in days on the market at 35.29%.
The number of homes sold during the month of August have decreased in all five ZIP codes. The lowest decrease was by 23.50% in ZIP code 78148, while the highest decrease was 43.96% in 78266.
Median prices for 78148, 78154 and 78233 all had decreases year over year, while 78266 and 78108 increased.
The average home sales prices for the last six months were as follows:
- 78108: $384,111
- 78148: $301,363
- 78154: $379,243
- 78233: $285,503
- 78266: $543,481
