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San Antonio Metro Housing Forecast 2017
No doubt by now most of us have attended or seen a local housing forecast for our metro areas and the nation. Am sure most of it is positive, as it should be, to boost early optimism in the industry. We are truly blessed to have a solid market and our local San Antonio Board of Realtors (SABOR) hosted our event last week, here's a recap. First let me state that I tend to use the metro area, not just City of San Antonio since we have a very robust metro with some of the fastest growing towns in the USA (New Braunfels, Cibolo, Schertz, and others that you can't pronounce). So, onward:
Metro area grew by 11.75%between 2010 and 2016, and is projected to grow an additional 8.12% through the year 2021 Combined, the four Texas metro areas -Dallas, Houston, Austin and San Antonio -added more people last year than any single state Sold 27,059 homes listed in the MLS in 2017 (not counting new cosntruction and non-MLS sales) Most sold between $200,000 - $499,999 Current months of inventory - 3.3 Average days on market - 58 Median sales price now $203,700 Needless to say, these numbers are impressive! We ... more

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