August in San Antonio - hot!

By
Real Estate Broker/Owner with Robin Rogers, Silverbridge Realty, San Antonio, Texas 398351

Home that sold fast at 222 Clubhill Drive, San Antonio, TexasAccording 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.

Posted by

 

Robin Rogers, REALTOR, Broker-owner, TRC, MRP, CRS

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Comments (1)

Carl Winters
Canyon Lake, TX

Robin: Just keep welcoming in the good news for San Antonio TX. Real estate is hot in and all around San Antonio.

Have a nice weekend and thanks for the market update.

Carl Winters

Oct 06, 2012 02:58 AM