Recent rolling three-month data for Terrell Heights shows some notable shifts from the prior period, with the median list price dropping sharply while the typical home value moved higher. List prices fell more than 20 percent month over month, yet the typical home value climbed by double digits during the same window, suggesting sellers may be pricing more conservatively even as closed-sale values trend up.
Momentum has changed quickly on the pace of sales. Median days on market plunged from close to three months in early summer to about a month in the latest rolling period, and the share of homes selling above list has grown compared to earlier this year. At the same time, new listings and active inventory are down both month over month and year over year.
Looking back a year for context, typical home values in Terrell Heights are up dramatically, rising more than 40 percent compared with the same rolling period last year, while the broader San Antonio market has seen a slight decline. Months of supply in the neighborhood has also fallen over the year, indicating fewer options relative to demand than before, even though it still sits near a balanced level. Pending sales are up strongly from a year ago, highlighting solid buyer interest despite fewer new listings. With pricing trends, inventory levels, and buyer demand all moving in different directions, buyers and sellers in Terrell Heights can benefit from Agent Pronto’s help connecting with an experienced local agent who understands these dynamics.
