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Market Report January 2015 - Sonoma Ranch in Helotes, TX

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

Sonoma Ranch is one of the largest master planned communities in Helotes, TX located in the Northwest San Antonio area just off Northwest Loop 1604 and Kyle Seal Parkway. It consists of nine additional subdivisions which include the Arbor at Sonoma Ranch, Enclave at Sonoma Ranch, Hills at Sonoma Ranch, Meadows at Sonoma Ranch, Reserve at Sonoma Verde, Sonoma Mesa, Springs at Sonoma Ranch, Summit at Sonoma Ranch, and The Ridge at Sonoma Verde.

Here are the numbers for the market activities during the month of December 2014 in Sonoma Ranch.

  • Number of Active Homes on the Market For Sale in Sonoma Ranch - 42
  • Price Ranges of all Homes For Sale in Sonoma Ranch - $183,500 to $679,000
  • Average Price per square foot was $124.33
  • Average Days on the Market for Active Homes were 157
  • Square Footage ranged from the smallest 1668 to the largest 5040.
Homes For Sale in Sonoma Ranch

Pending Homes Sales in Sonoma Ranch were 11 homes, ranging in prices from $219,900 to $745,000.  Average Days on the market for pended sales were 152 days.  Average price per square foot was $118.67.

  • Homes that Sold During the month of December 2014 were 11
  • Prices Ranged from $$193,500 to $535,000
  • Average Price per square foot was $108.64
  • Average Days on the Market were 109
  • Listed Price to Sold Price Ratio was 97.13%
  • Original Listed Price to Sold Price was 95.17%

Homes that were not overpriced sold sold faster in that 97 percent bracket, but those that had to take a price reduction to get them sold just took a littler longer as noted in the 95 percent OLP/SP ratio. Plus, we are still in a Seller's Market since inventory is low, and some homes are selling for more than the listed price. Homes that are priced accurately(according to the comparable homes in the community), and properly staged are selling faster than does that are not.

New construction homes are still being built in some areas of Sonoma Ranch, especially at the higher end price, which give buyers the option of buying new or pre-owned.  Some of the communities in Sonoma Ranch offer added amenities of controlled access, swimming pool, tennis courts, clubhouse, sports court, and playground. All the schools are within the Northside Independent School District which include Beard Elementary, Hector Garcia Middle, and Louis Brandeis High School.

If you want to know What Your Home Is Worth in Sonoma Ranch, call Jerry today at 210.789.4216 for your personal home evaluation and consultation. If you're planning to buy a home in Sonoma Ranch, search my website at your own leisure at Homes For Sale in Sonoma Ranch.

 

 

 

 

Comments(9)

Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Jerry, well done Sonoma Ranch in Helotes, Texas market report. You have laid things out in a format that consumers will find easy to use and come to the conclusion as I have that Jerry Newman is the best choice of a professional Realtor around Helotes, TX

Jan 08, 2015 01:16 PM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Your days on market may be rising back to a balanced market very soon by the looks of it.  

Jan 08, 2015 01:45 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Jerry, I love the way you do your market reports.  Maybe you can send me a tutorial some time.

Jan 08, 2015 02:28 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Great market report for Sonoma Ranch Jerry. Happy Belated Birthday.

Jan 08, 2015 10:16 PM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Noah. It's like Sgt Joe Friday used to say, " Just the facts, Madame".  I appreciate the Shout Out for my services.

Jan 09, 2015 12:48 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Kevin. That's a great point about the days on market. We will know by Spring, I am sure.

Jan 09, 2015 12:50 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Sybil Campbell Yes, I will be glad to share a tutorial. I pull the stats right out of the MLS.

Jan 09, 2015 12:51 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks for the Birthday Wishes, Bob. I got some market reporting to work on today.

Jan 09, 2015 12:52 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Great report Jerry.

Jan 11, 2015 02:57 AM