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July 2012 Market Report for San Antonio, TX

By
Real Estate Agent with Brown Realty, 210-789-4216, TREC #0492321

July 2012 Market Report for San Antonio, TX
According to latest information released from the July 2012 Multiple Listing Service as reported by the San Antonio Board of REALTORS®(SABOR), the average sales price for single family residential homes increased to $196,846, which was a 2% increase when compared to this same time last year.

Neighborhood HomesThe Median Sales price in San Antonio is at $164,200, which is a 4% increase from last year. 65% of all the total monthly homes sales last month were below the 200,000 price range. San Antonio recorded 1904 in sales last month, which was up 12% from July 2011.
Year to Date, some 11,375 total sales in the city which account for a 7% increase from YTD 2011.

San Antonio continues to be economically sound with job growth, and the fact we are still considered to an “affordable place” to live compared to most cities across the country. To see how the market is going in your community or zip code, visit my website at Market Insider for San Antonio, TX. Then, insert your zip code for your neighborhood or community.

Comments(27)

Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Kevin. Don't plan to go hungry, so I will be chasing those listing under 200K in my area. Besides, Christmas is only few months away. But, I will take one of those high end homes over 500K.

Aug 23, 2012 08:54 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, John. I was trying to add that video as backup. Didn't realize I was in public, until I saw all the comments. Not sure what happened, since I thought we were defaulted to draft mode.

Aug 23, 2012 08:56 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Kevin, This video is a bit long, but has some great information. Now, I need to work on more Market Reports for the various communities and subdivisions around town.

Aug 23, 2012 08:57 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Jerry

Thanks for sharing a very positive real estate  market report for San Antonio Texas.

Good luck and success.

Lou Ludwig

Aug 23, 2012 08:57 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Good for you Jerry and hope you have continued success as well. Good Luck and God Bless

Aug 23, 2012 10:10 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Jerry, These are signs that the market is making a slow recovery. I know your are glad the trend is up.

Aug 23, 2012 10:32 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Jerry,

Definitely San Antonio is leading the trend in housing moving up..well presented market report.

Aug 23, 2012 11:24 AM
Rafeeq Ahmed
Islamic Banker, UIF, 682-500-4615 - Granbury, TX
Customer Satisfaction

HI Jerry, I love positive news. If we keep spreading positive news, recession will be a history in no time

Aug 23, 2012 11:34 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Jerry, Averages and median numbers were up in July. That's just a one month snapshot, but it's better to have a slow upturn than a slow down turn, right.

Aug 23, 2012 12:19 PM
Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

Very nice informative post Jerry... Glad to see that you are moving upward... Happy Day

Aug 24, 2012 12:18 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Lou. The Market certainly looks Great in San Antonio these days. Enjoy your Weekend!

Aug 24, 2012 01:44 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Charles. I will welcome all the Blessings I can get. Have a Wonderful Day!

Aug 24, 2012 01:45 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Debbie. This upward Trend is a very good, positive sign for San Antonio. I am wandering how August will be.

Aug 24, 2012 01:46 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Dorie. I wish I could come up to Austin next Thursday for your Meet up. It would be great to meet more of you in person. Have a Great Day!

Aug 24, 2012 01:47 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Rafeeq. All real estate is Local, and San Antonio has been a leader with positive News for our industry.

Aug 24, 2012 01:48 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Wayne, We had a great month in June too, and I am just looking forward to all the stats for August to come out soon. Moving upward is always a preferred sign in any market.

Aug 24, 2012 01:50 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Beth. I believe San Antonio is definitely moving in the Right Direction. Have seen many relocate to our lovely city because of job transfers.

Aug 24, 2012 01:51 AM
Emily Read
Salt Lake City, UT

Great news!! I hope you're doing well, Jerry - big hug from Vancouver coming your way!! :)

Aug 24, 2012 04:01 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Emily. ALL is well in San Antonio. I know things must be busy for you in Vancouver. Will be in touch soon.

Aug 24, 2012 04:33 AM
Donna Paul
Keller Williams Realty Gold Coast - Dix Hills, NY
Long Island Home Specialist,All About Real Estate
Thanks for sharing Jerry , it's looks like your area is really picking up wishing you all the best .
Aug 24, 2012 12:18 PM