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San Antonio, TX. Real Estate, Market Conditions, News, Statistics, and Information

News on San Antionio Texas Real Estate, Market Conditions, News, and Statistics

San Antonio, TX. June 2009 Real Estate Market Stats & Update

Real estate sales in the San Antonio area real estate market are up for June, 2009 over May, 2009 by 17% showing improved market conditions. Also, according to San Antonio MLS statistics, homes in our market remain very affordable with 56% of sales under $200,000 with the predominate price range for listing and sales from $125K to $200K. Another price range with strong activity is from $250K to $300K although there is still a surplus of homes in that price range with an inventory of almost 10 months supply. While most price ranges under $225K have a less than 6 months supply of inventory (and all price raanges under $175K) and indicate a buyer's market, our San Antonio real estate market is still neighborhood and location specific as to how fast and for how much homes sell. The luxury home price ranges over $350K are a buyer's market with inventories jumping to an over 12 month supply in the lower range luxury market to as much as a 45 month supply in the million dollar home price range. Contact me at mark@markcaley.com for more San Antonio real estate market stats or if you have any questions.  

Published Thursday, July 23, 2009 10:23 AM by Mark Caley

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