Real Estate
Home›Real Estate›Residential›El Paso pendings outpace new listings while San Antoni…
El Paso pendings outpace new listings while San Antonio lags
National active inventory rose to 879,764 homes, and mortgage rates around 6.81% are weighing on demand even as local supply dynamics diverge sharply.
HousingWire reports that national housing data is broadly steady, but local markets are moving in different ways beneath headline figures, which can be missed if sellers, buyers, and agents focus only on averages.
HousingWire Data showed active inventory at 879,764 homes, up 2.2% year over year, and listings with a price cut rising to 42.1%. New pending sales totaled 65,036, nearly flat versus 65,701 during the same week in 2025, while mortgage rates near 6.81% continue to pressure demand.
The outlet highlighted the contrast between two Texas markets, El Paso and San Antonio, where similar mortgage-rate conditions coexist with different underlying signals. El Paso’s median list price was $319,900, versus $331,990 in San Antonio, yet multiple measures point to more pronounced local differences.
HousingWire said El Paso recorded 230 new pendings against 180 new listings, creating a pending-to-new-listing ratio of 1.28, while San Antonio logged 825 new pendings against 866 new listings, for a ratio of 0.95. It noted El Paso’s ratio has stayed above 1 for nine consecutive weeks, implying new pendings have consistently run ahead of new supply, rather than reflecting a one-week change.