West U Market Area - Week ending 4/17

A record 35 homes were sold in the West University market over the last 30 days, which is a new high going back to January. This is a 9.4% spike from the previous period. Prices are rising in West University, and the median sales price this period increased from $702,636 to $799,000. Even with the rising sales, with seven months of inventory available, West University is a still a good place for buyers.

Metrics for the week:
* 8 new listed properties (7 week prior)
* 4 properties went pending (5 week prior)
* 4 properties closed (3 week prior)