Real Estate Market Conditions

January 2012 San Antonio Real Estate Market Conditions

February 20, 2012

Number of homes for sale: 9167

Number of homes sold: 991

Average days on the market for sold homes: 146 Days

Median price of homes currently for sale: 189,000 with average days on market 192

Median price of homes sold: 141,200

January has started to year out on a positive note. It seems as if the listing season is starting a little earlier than usual. The buyer’s market is also active for this time of year.

December 2011 San Antonio Real Estate Market Conditions & 2011 Overview

January 19, 2012

Number of homes for sale: 9294

Number of homes sold: 1317

Average days on the market for sold homes: 148 days

Median price of homes currently for sale: 186,000 with average days on market 192

Median price of homes sold: 150,000

Here are the statistics for the over all market for 2011. The 199k and under made up about 68% of the market which was a decrease from 2010. The 200-499k range was up from 2010 and the 500k over has a slight decrease but still only made up less than 4% of the total sales.

The inventory level dropped to 7.3 months, days on market dropped slightly to 96 days for the less expensive homes and the median sales price increased to 152k.

We do expect the market to remain about the same for 2012. But, hopefully with the announcement of new jobs coming to San Antonio and the low interest rates we can make it a better year.

November 2011 San Antonio Real Estate Market Conditions

December 16, 2011

Number of homes for sale: 9789

Number of homes sold: 1239

Average days on the market for sold homes: 138 days

Median price of homes currently for sale: 185,000

Median price of homes sold: 146,000

As the holiday season approaches we are seeing the normal slow down of the market. However, San Antonio continues to remain a fairly steady market. We look forward to the housing forecast in January and are hopeful for a better year.

October 2011- San Antonio- Real Estate Market Conditions

November 7, 2011

Number of homes for sale: 10776

Number of homes sold: 1178

Average days on the market for sold homes: 146 days

Median price of homes currently for sale: 182,500

Median price of homes sold: 145,500

The market is fairly stable. With mortgage rates remaining lower than they were in the 1950’s, it really is a good time to buy. Our local economy seems to be maintaining jobs with the recent influx of oil and gas businesses due to the eagle ford shale. All though traditionally things this time of year tend to slow down we are hopeful for a good first quarter moving into next year.

August 2011: San Antonio- Real Estate Market Condition

October 10, 2011

Number of homes for sale: 10433 Number of homes sold: 1771 Average days on the market for sold homes: 139 days Median price of homes currently for sale: 153,200 Median price of homes sold: 221,696

The San Antonio market continues to be steady. Single family homes sales has a 10 percent increase when compared to last year.