Wilshire is currently tilted toward sellers, with the market gauge indicating a seller’s market. There are 19.1 months of supply available in this rolling three-month view, far above the 5.6 months seen across San Antonio. Yet only two homes sold and four went under contract, showing that activity is fairly limited.
Home values in Wilshire have climbed notably in this period, with the typical home value up nearly 37 percent year over year. At the same time, the median list price is only modestly higher than a year ago, and sits below the typical sale price, suggesting buyers may find some room to negotiate. Active listings are up almost 80 percent from a year earlier, while new listings have also increased, adding more options to choose from.
Homes are spending a median of 48 days on the market in the latest three-month window, a sharp improvement from much longer selling times seen last year, and the average sale-to-list ratio has edged just above 100 percent. None of the recent sales closed above list price, signaling that sellers are achieving close to asking without widespread bidding wars. With prices rising but inventory also expanding, both buyers and sellers in Wilshire can benefit from connecting with a knowledgeable local agent, and Agent Pronto can help match them with the right one.
