New Weakness in New Listings for El Rio Real Estate Market

Over the last 30 days, a budding downward trend of new sellers coming into the El Rio market continued, with zero listings in this week's report. Meanwhile, sales rose, with three homes selling during the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. Pricing in El Rio remains consistent from last week to this week, with the median sales price at $630,000 again. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that El Rio is a definite seller's market.

Any of these new listings in El Rio could be your dream home, so be sure to check them out:

$400K   $530K  

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

Demographic facts for El Rio:

  • There are a total of 1,629 households here.
  • The unemployment rate for this area is 9.5%.
  • The average expenditures for each student in the area is $4,697. ($5,691 = national average)

Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Superior Realty Group
Snapped 4 homes in this area

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