iTexas Realty Co. Blog: San Antonio, Texas Home Sales UP 52%

San Antonio, Texas Home Sales UP 52%

New statistics are just out today (Dec 16, 2009) from the San Antonio time to buy in San AntoniioBoard of Realtors and our fair city is still showing it's strength, especially compared to the national market.

Year-over-year sales of single-family homes for November were 52% higher than last year (units sold).  The average sales price was $170,762.  Inventory of homes for sale is right above a 7 month supply. All in all, good numbers for the local market, where the economy continues to remain strong and housinhg affordability is great. 

Positive influences like BRAC (military base realignment), which is relocating ALL of the US military branches medical training here to San Antonio, Texas, makes for growth of local jobs in construction as well as civilian support positions on bases.

Inventory is at a good level, interest rates are still excellent, and tax credit funds are available for many Buyers, including those who have previously purchased.

This is a great time to get your home on the market or plan your home purchase.  Call or e-mail us to find out how you can get ready to optimize the early Spring home-buying season. 

 

 

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Sara Woolford & Steve Golson in friendly San Antonio, Texas  

If you are planning to Buy or Sell a home or land in San Antonio or the Texas Hill Country, we'd be happy to get you moved on with your life! You can go to our blog, website, Facebook page or just, call to Chat: 210-492-6683 

www.iTexasRealty.com     info@iTexasRealty.com

 

7 commentsSara Woolford & Steve Golson, ALHS • December 16 2009 07:10PM

Comments

Hi Sara: I have heard that San Antonio is a good area to buy a home and this proves it!

:)

Posted by National Credit Fixers - Matt Listro 8 months ago

Hi Matt- 

Thanks for stopping by.  San Antonio is also a wonderful city with a strong sense of community and lots of sun.  Your cat would adore it!

Sara

Posted by iTexas Realty Co. 8 months ago

Sara - San Antonio is my wife's hometown, and we visit periodically, although we don't have family there anymore.  I don't know what Austin's numbers were for year-over-year sales, but my income increased by about 50% over last year, so it might be similar to your market.  :)

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) 8 months ago

Hi Jason- 

I haven't seen Austin's year-over-year sales either, but Iwould suspect tha the volume is similar to San Antonio.  Congratulations on a great year! Steve was just updating our sales but we have seen a sales increase of at least 50% as well.

It really is the Great State of Texas!

Sara

Posted by iTexas Realty Co. 8 months ago

Good to see other areas of the country having strong performances. We've had 17 consecutive months of higher year-over-year sales and 10 months of increasing or stable prices.

Happy Holidays!

Posted by Russel Ray, San Diego home inspector (Russel Ray, Property Consultant) 8 months ago

Hi Russel-

The San Diego market has been strong.  Now is really the time to get in there and buy.  10 months of stable or increasing should be powerful motivation. I hope that lots of business is coming your way!

Sara

Posted by iTexas Realty Co. 8 months ago

Sara, The Naples market is strong as well.  We are having record breaking months.  Last month our office had 225 contracts go pending.  Last year we had only 98. My income has jumped as well. WE are now going into "season" and all indications are for strong sales.  Love hearing these positive stories! :-)

 

Posted by Marcia Hawken - Naples Luxury Specialist (Downing-Frye Realty, Inc.) 8 months ago

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