In May 2025, real estate activity in the 78732 area saw a sharp uptick, with 49 new listings—a nearly 50% increase compared to April.
Despite the rise in inventory, months of inventory actually declined in May—signaling strong buyer demand and a healthy market. The 24 properties that closed in 78732 averaged just 20 days on market, down sharply from 48 days in April.
List-to-sale price ratios are trending upward as well—homes in May sold for an average of 96% of their original list price, a 2% increase over the previous month.
May sales data reveals a clear trend: speed matters. Homes that went under contract within 7 days sold for 98% of list price. Those pending between 8–30 days averaged 97%, while properties on the market longer than 30 days dropped to just 92%. The takeaway? Overpricing leads to longer days on market—and ultimately, lower sale prices.
Cash purchases declined in May, with only 18% of buyers closing without financing.
Meanwhile, the 78732 rental market remains strong—16 properties leased last month at an average of $1.59 per square foot, with an average of 32 days on the market. For landlords and investors, this points to steady demand and healthy rental returns in the area.
Thinking of buying, selling, or leasing in Steiner Ranch? With over 300 successful transactions in this neighborhood alone, no one knows the Steiner market better than I do. If you’re looking for results—and guidance grounded in real experience—call or text me at (512) 657-7510 or email Elicia@SteinerRanchInfo.com. I’m always happy to help.
