Home Sales Decline in 78606 Zip Code Real Estate Market

The 78606 zip code market slowed with a 40.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.0 monthly average with three homes sold. Within the same time frame, the 78006 zip code had 45 sales, the most of all zip codes in the area. Months of inventory is on an eight-week downward trend, this week hitting eight months. The 78606 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.

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Demographic facts about the 78606 zip code:

  • The median house value here is $140,800.
  • Average number of rainy days is 71 per year. (U.S. average: 100)
  • The area's unemployment rate is 5.3%.
  • There are 11.5 students for every teacher. (15.3 = national average)

Data reported through 10/13/2016

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