Encanto Real Estate Market Extends Weakening in Contracts

Over the last 30 days, the Encanto market was steady and saw 14 homes sold. However, the number of pending transactions continued to decline, with a total of 16 transactions during the same period. As contracts trended lower, the median sales price went down as well, trending downwards for four weeks to $368,000. Despite the falling contracts numbers and prices, there are only two months of inventory remaining, indicating that Encanto is still a solid seller's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Encanto:

$219K   $313K   $319K  

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

Demographic facts about Encanto:

  • There are 4.4% vacant homes here.
  • This area usually gets 263 sunny days each year. (U.S. average: 205)
  • This area has a one-year job growth rate of 1.85%.
  • For every librarian there are 5,720 students in this area. (803 = national average)

Data reported through 10/12/2016

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Pacific Sotheby's International Realty
11 reviews
Coldwell Banker Res. Brokerage
Snapped 4 homes in this area
Berkshire Hathaway Home Services
Snapped 4 homes in this area

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