San Antonio, TX-Market Snapshot

Here is a quick snapshot of the San Antonio, TX residential real estate market:

Available Homes(Single Family)-10,513

-Homes under $200K-                     6,236

-Homes between $200K-500K-    3,223

-Homes over $500K-                       1,096      

Available Condos-                               519

 -Condos under $200K                        405

 -Condos between $200K-$500K      86

Sales Past 30 Days

Single Family

-under $200K-                        711

-between $200K-$500K-    269

-Over $500K-                          33            

Condos

-under $200K                          31

-between $200K-$500K         5

Summary

• Inventory capacity is about 10 months, assuming constant rate of sales in single family houses
• Slight advantage to buyers since there are more homes available than qualified buyers
• Builder new home inventories are not always in MLS so available homes is actually a greater number than shown above. Unable to adequately account for this capacity in either new homes or condo market
• Summary date was extracted from San Antonio Board of Realtors system. The date is believed to be accurate, however, readers should verify before acting upon this information.

Call on me if you would like more information on the San Antonio or surrounding areas real estate situation.

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