The 78257 zip code market is starting to head toward a higher price point. While sales came in at 18 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 39 reported this week. In comparison, 78015 led all other nearby zip codes with 157 price reductions. While the number of price reductions found a new low point, months of inventory is on an eight-week downward trend, this week hitting eight months. Despite the uptick in sales, the large amount of remaining inventory indicates that the 78257 zip code is still a definite buyer's market.
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