san antonio market report: Still going up: September home sales in San Antonio, Texas
- 10/16/12 02:22 AM
The upward trend in sales of San Antonio residential real estate continued last month, with a 7% increase compared to September of 2011. Both average and median home prices rose by 2% from last year, too. The National Association of REALTORS® gives much of the credit to the Federal Reserve’s decision to buy mortgage-backed securities, which has had the effect of keeping interest rates at historic lows. The number of homes and condos sold in the San Antonio metro increased all through 2012, with a total of 15,175 sold compared to the same time in 2011. A total of 1,683 homes … (1 comments)
san antonio market report: August in San Antonio - hot!
- 10/06/12 12:08 AM
According to the San Antonio Board of Realtors, August was a sizzling month for home sales, with a nearly 17% rise and 2,070 in number of sales. This echoes June’s record 4-year high of 2,018 homes sold. The average sales price in the San Antonio metro went up to $200,760. Last year in August it was $188,485. The median price went to $159,100 from $153,200. The average time on the market was 6.5 months. This indicates it's still a buyer's market, but if this pace keeps up, it will be balanced between buyers and sellers very soon. … (1 comments)
san antonio market report: San Antonio housing market continues to trend upwards
- 06/15/12 12:05 AM
According to the San Antonio Board of Realtors, the San Antonio area continues to trend upwards in housing indicators. It is almost a balanced market, but still weighing more on the buyers’ side. The sales of single-family homes in May were up 4% from the same time last year. In addition, the average sales price increased by 4%. Across the San Antonio metro, the average sales price was $197,451 and the median price was $161,400 compared to May 2011. The rest of the nation’s housing inventory increased slightly to a 6.6-month supply in May. San Antonio’s housing supply is similarly hovering … (3 comments)
san antonio market report: How's the market in San Antonio?
- 02/25/12 12:31 AM
The real estate market in San Antonio got off to a mixed start in January. The good news is that existing home sales went up by 4.5% compared to this time last year. The bad news (for sellers, anyway) is that the median price for a home went down to $141,200 from $147,300. This isn’t terribly surprising to me, though. Many sales close in January for tax reasons, or because after having properties on the market during the slowest months of the year, the sellers finally agreed to a lower price just to get the deal done. I’ve been busier than … (1 comments)
The upward trend in sales of San Antonio residential real estate continued last month, with a 7% increase compared to September of 2011. Both average and median home prices rose by 2% from last year, too. The National Association of REALTORS® gives much of the credit to the Federal Reserve’s decision to buy mortgage-backed securities, which has had the effect of keeping interest rates at historic lows.
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