One of my areas of focus the last few years has been working to encourage home ownership. Often people don't understand all the benefits that home ownership brings to individuals and to communities. The prices of San Antonio homes have gotten more expensive during the last few years yet San Antonio remains a beacon in Texas and across the nation. This past month of August saw a median sale price in San Antonio of $ 194,000. Compare this to the median sale price in Dallas (county) of $ 210,000., a median sale price of $ 206,000. for Houston (Harris county) while Austin (Travis County) saw a median sale price of $ 332,500. The average price of a home in Texas for August was $ 268,945. These figures make it readily apparent of the advantages of San Antonio home ownership compared to other Texas large cities.
San Antonio MLS Statistics for August 2016
New listings were up 13% with 2900 new listings.
Active Listings were up ever so slightly with 9,125 total active listings.
Pending Sales were up over 10% with those numbering 2360.
Almost 46% of all sales were $ 199,000 and below with sales $ 200,000,-$ 500,000. making up
49% of all August MLS sales. Sales over $ 500,000. constituted 5% of the MLS sales.
Days on Market were hovering around 53 days which was a 4% increase from August 2015.
Average Price per square foot was at $ 112 which was a 5% increase from August 2015.
Clark Niblock CIPS, CRB, SFR, SRS, e-Pro, Transnational
Niblock Company, Realtors
210 416 5940
#SanAntoniosBestRealtors
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