Single-Family Homes
Mon Feb 06 2023
This week the median list price for Floresville, TX 78114 is $474,449 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 67.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Median List Price | $474,449 | |
Median Price of New Listings | $400,000 | |
Per Square Foot | $195 | |
Average Days on Market | 111 | |
Median Days on Market | 84 | |
Price Decreased | 46% | |
Price Increased | 0% | |
Relisted | 7% | |
Inventory | 67 | |
Median Rent | ||
Market Action | 27 | |
Slight Buyer's Advantage |
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$792,000 | 2,937 | 10 - 20 acres | 3 | 2.5 | 22 | 0 | 1 | 91 |
$545,000 | 2,735 | 0.5 - 1 acre | 4 | 3 | 1 | 1 | 1 | 133 |
$408,990 | 2,317 | 0.5 - 1 acre | 3 | 2 | 20 | 1 | 0 | 84 |
$210,000 | 1,512 | 0.25 - 0.5 acre | 3 | 2 | 53 | 1 | 0 | 63 |