Hollywood Park Neighborhood Update

With our patent pending data analytics program we delve down to the neighborhood level to improve our client’s home buying and selling experience. For example, looking at homes in Hollywood Park sold between September 16,2016-September 15, 2017, we see there was an average price reduction of 4.7% from the original list price. Homes in this area that were on the market, and had a price change from the original list price, received on average $6.28/ft. less than those homes without a price reduction. Market data shows that homes┬áthat have a price reduction are more likely to sit on the market longer and receive a lower sales price.┬áThe key to finding success when selling a home is to price it right the first time. With our data driven approach we are able to give our clients the knowledge and confidence to find success when buying or selling their home.

*Homes marketed in MLS in stated area during stated period. Although numbers are believed to be accurate at time of publication, please note that some transactions or data entry errors can skew results. Data, therefore, cannot be guaranteed. Addtionally, in some instances outliers were removed. Data analysis provided by RealTelligence®. Data source: San Antonio Board of Realtors.