Home > Blogs > Randy Elgin > Randy's Blog
bookmark_border

How Is The San Antonio Real Estate Market Doing

By
Real Estate Agent with Option One Real Estate

How Is The San Antonio Real Estate Market Doing?

Did you know that 2 out of every 10 signs you see in yards in the San Antonio Real Estate market today is under contract!

 

The other day I outlined the number of homes that were under contract and was thinking how do I let everyone know that the San Antonio Real Estate Market is doing really, really well?

 

It dawned on me that the simplest thing was to just count up the number of Total listings currently in the Multiple Listing Service that is part of the San Antonio Real Estate Market (14,035) and count up the number of homes that are under some kind of contract status i.e. Pending, Pending Show for Back up, Active Option, or Right of First Refusal (RFR) (2,827) and divide those into each other.

Woola!!! 20 percent of the homes that have a For Sale Sign in front of them are under contract! Now then next big question is how fast are the homes in the San Antonio Real Estate market selling?

 

So there you have it! Need or want to know what is going on in your neighborhood then Request a Market Overview of your home by selecting San Antonio Real Estate market.

 

Looking for a home? Then select San Antonio Real Estate Home Search to find an affordable San Antonio Home today.

 

Want to ask me a question about the San Antonio Real Estate Market? Select contact Randy Elgin – REALTOR® to ask me a question.

 

Comments (2)
Subscribe to CommentsComment

Submit
Show All Comments
Yolanda Cordova-Gilbert
Richmond, TX

Randy,

              I am originally from San Antonio so I am always curious about that market. How up is the market from last year? Have you seen a price increase and if so what percentage?

Apr 13, 2011 10:04 AM
Randy Elgin
Option One Real Estate - San Antonio, TX
Sells Affordable Homes for sale in the San Antonio

Hi Yolanda,

The sales in San Antonio over the last few years has been flat with about 330+ additional homes sold in 2010 versus 2009. There was an increase in median price of about $5000 though.

Thank you for the response.

Apr 14, 2011 03:38 AM
Back to Top
Rainer
307,437

Randy Elgin

Sells Affordable Homes for sale in the San Antonio
Profile
Blog
local_phone(210) 696-9996
smartphone(210) 232-2310
Contact The Author

Recent Posts

View more Recent Posts   arrow_forwards

Additional Information

_gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();

Author Bio: Randy Elgin specializes in affordable homes for sale in Northwest San Antonio, TX. He serves residential, commercial and investor clients. He believes a needs analysis is an important first step and understanding what their goals are and how to help them achieve those goals is paramount.

San Antonio TX Real Estate information forum where anyone interested in buying, selling, or investing in the real estate market can ask questions and get answers.

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?