San Antonio Market Report for February 2015

By
Real Estate Agent with Brown Realty, 210-789-4216,www.JeremiahNewman.com TREC #0492321
https://activerain.com/droplet/4zTz

Our San Antonio Market Report for February 2015 has some very interesting statistics as released by the San Antonio Board of REALTORS®. February had 1724 single family units sold, which was 14 percent increase from 2014. 

  • 3.6 months of Inventory which still favors a seller's market.
  • 74 Day on the market which was a 8% drop from this time last year
  • Average Price of home sales was $219,808 - 8% increase from 2014
  • Price per square foot was up 5% to $101
  • Even Median price increased to $185,800 which was a 9% increase from 2014.

Homes For Sale NeededOur San Antonio market is doing quite well, and homes are selling as fast as they come on the market. Buyers need to be prepared for multiple offers on many of our nicer homes for sale. Here is the breakdown on price ranges for homes being sold in San Antonio.

  • $199,000 and below was 55.6 %
  • $200,000 to $500,000 was 40.66%
  • $500,000 and above was 3.5%

Buyers are still able to purchase more for their money with lower interest rates, and our lower cost of living is a driving factor for more homes being sold. Our Condo market saw an increase in average  price to $102,500 which was up 7.9% from January 2015. A total of 45 condo units sold from January 15 to February 15 this year which was an increase by 9.8%. The market in San Antonio is Hot. Call Jerry Today at 210.789.4216 to find our How Much Your Home is Worth? Let's get your home on the market this spring.

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Ambassador
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Jerry Newman  Wonderful Market report On San Antonio Texas for February . Buyers and sellers would be wise to call you when thinking of making a move

Mar 18, 2015 04:47 AM #1
Rainmaker
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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Jerry Newman 

Your San Antonio market is red hot - just like here in Dallas.  Our great state of Texas is leading the way in real estate! 

Mar 18, 2015 04:52 AM #2
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Hannah. I appreciate your vote of confidence for my services. Have a Blessed Day!

Mar 18, 2015 04:59 AM #3
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Lisa. No doubt Texas is the place to be for real estate these days. We offer larger homes for an affordable price, more jobs, and a great economy throughout the whole state.

Mar 18, 2015 05:01 AM #4
Rainmaker
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Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

 

Hi,   what an opportunity for buyers in your area.    Thanks for sharing with us   in AR Land.

 

Mar 18, 2015 05:08 AM #5
Rainmaker
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Michele Cadogan-Cell 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Hey Jerry,

 Love this idea of reminding prospective buyers with home not staying on the market long that they need to be prepared  and may even find themselves in a multi offer situation when buying a home in San Antonio TX. 

Mar 18, 2015 05:22 AM #6
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Great news in the San Antonio Market Report Jerry. You have prepared an easy to read and useful set of set of data.

Mar 18, 2015 09:11 AM #7
Rainmaker
596,598
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Excellent information for buyers and sellers in the San Antionio housing market Jerry Newman if they're smart they'll call you to help them find they're dream home.

Mar 18, 2015 04:52 PM #8
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Jerry.  Thanks for the update for the  San Antonio real estate market.

Mar 18, 2015 08:43 PM #9
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jerry, great market update for San Antonio, and looks like the stats are all going in the right direction, and only will heat up as we go into the Summer. 

Mar 18, 2015 10:56 PM #10
Rainmaker
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David Saks
(retired) - Memphis, TN

Fine post and great information as always. Have a terrific day ahead.

Mar 19, 2015 02:08 AM #11
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Jerry,

Very nicely prepared! It is definitely sellers market there.  You have very insightful real estate market reports that are perfect for buyers and sellers alike!

Mar 25, 2015 04:44 PM #12
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks for commenting everyone. It's been tough to respond to each one of you, but I will stop by to visit soon.

Mar 25, 2015 10:40 PM #13
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Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Thanks for the Market report of what’s happening in your area. I appreciate how these reports help me stay on top of other markets. 

May 06, 2015 10:59 AM #14
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

You're Welcome, Captain Wayne. It's time for me to kick out another report on our local market soon.

May 06, 2015 11:02 AM #15
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Texas REALTOR, San Antonio Military Relocation
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