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.