Inventory in Wheatley Heights has thinned out over the past year, with active listings down compared to a year ago and only 9 homes currently on the market. New listings have dropped sharply year over year, yet pending sales have jumped more than 50 percent in the same rolling three-month period, showing that buyers are still writing contracts. Months of supply is now around 8, higher than the 5.6 months seen across San Antonio, which gives buyers more options even though the area is still classified as a seller’s market.
Home values in this rolling three-month window are lower than a year ago, with the typical home value down more than a third year over year. At the same time, the median list price has climbed over 20 percent from last year, signaling that sellers are testing higher asking prices despite softer closed values. Homes are now going under contract faster, with the median days on market dropping sharply compared with a year ago.
Pricing dynamics have tightened as nearly half of recent Wheatley Heights sales closed above list price, and the average sale-to-list ratio is just under 100 percent. Conditions like slower price appreciation, more inventory than the broader city, and faster market times make it especially important to work with an expert who understands local shifts, and Agent Pronto can connect both buyers and sellers with a trusted Wheatley Heights agent to help them navigate every step.
