New Strong Trend in Contracts for El Rio Real Estate Market

Sales retained their current pace and came in at two homes sold in the El Rio market over the last 30 days. However, a nine-week upward trend for contracts was extended, with three pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $367,500 this week.

Looking for a more classic home in El Rio? These are older homes currently available in the market:

$530K   $675K   $405K  

Get started right now by checking out El Rio homes for sale or reviewing El Rio real estate trends.

Demographic facts for El Rio:

  • This area has a population growth rating of 68. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 202.2 per 100,000 people.
  • This area has a health cost index score of 111.0. (100 = national average)
  • Residents who travel to work by car account for 76.1% of all commuters, while carpools account for 15.6%, and public transit makes up 1.5%.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Troop Real Estate
2 reviews
Superior Realty Group
Snapped 4 homes in this area

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