Home values in Cable-Westwood have shifted sharply in the latest rolling three-month view, with the typical home value down steeply year over year and the median list price also dropping by roughly a third. Compared with the broader San Antonio market, where sale prices are only slightly lower than a year ago, this neighborhood is seeing much more pronounced price adjustments. At the same time, the average sale-to-list ratio has ticked down modestly from last year, signaling that buyers are still negotiating below list even as asking prices fall.
Listing and contract activity have cooled notably. Homes sold are down more than 70 percent from a year ago in this rolling window, and new listings have declined by over 40 percent, pointing to fewer deals getting done overall. Pending sales have fallen even more sharply year over year, suggesting a slower pipeline of closings ahead.
Even with fewer transactions, the balance between buyers and sellers has shifted. Months of supply has more than tripled from a year ago to about 5.3 months, much closer to the neutral conditions seen across San Antonio overall. Yet homes that do hit the market are moving faster than last year, with median days on market dropping dramatically, and about one-third selling above list price. In a neighborhood where prices are adjusting and activity is uneven, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local agent who understands these shifting dynamics.
