Recent Sales 474
North Central 44
North West 160
North East 121
Inside 410 Loop 39
Boerne 8
New Braunfels 12
Canyon Lake 14
New San Antonio Homes entering the market last week were 442 as 2023 begins. We look for activity to pick up as things return to normal and interest rates settle down and continue to see a steady rise in price. Well cared for homes, priced right continue to go under contract quickly. People are still in the market for homes and will continue to buy when the right home comes along.
Here’s a preview of the information being withheld as it does not “flow” with the narrative:
Last week we reported the change in November 2019 and November 2022, and this week we review Year to Date through November of 2019 and 2022. Remember that a “Balanced Market” is 6 months of inventory and although we may be approaching it, we certainly aren’t there yet. Homes are taking longer to sell, as we see the Days on Market increasing, however, they are still 14 days less than 2019. The point continues – they ARE selling. The most important thing you can do if you are looking to buy or sell in 2023, is work with someone who knows the numbers, has the confidence to get it done for their clients and has the support of their company to market your home and if necessary, add additional marketing resources themselves.
Do you want the “national and local news guy,” or do you want someone active in the business of San Antonio Real Estate who has a plan to help you WITHOUT SHORTCUTS?
All of us know someone who has “fallen on hard times.” If they accepted a Covid Forbearance Plan, they will be getting letters from their lender to pay the past due balance that was deferred. Forbearance isn’t “free,” and we cautioned those who would listen, that it isn’t a “free program” and the money you owe will become due. The time has come, and that money is being called due by the mortgage holders. This isn’t meant to be derogatory in any way – in fact, it’s exactly the opposite. If this has happened to you, a loved one, or friends, have them call us now! There is still time to act and unlike 2007-2008, they may have equity in their home! PLEASE don’t let them ruin their credit and be faced with foreclosure. We assisted many in 2006-2008 and know the path. Have them call us and we’ll help them take action.
We are experienced, solution and value based real estate agents who can help those facing foreclosure. THERE ARE SOLUTIONS! THERE ARE NO SHORTCUTS! We have them and would like to sit down and discuss the options. It’s what we do – let us “Guide You Home.”
The Numbers Month to Month and Year to Year
There have been 2,819 Properties Sold in the past 30 days, while pending sales over that same period are 1,744. Although sales have fallen below 3,000, and pending sales have fallen below 2,000, you can expect that during the holidays. On the other hand, families are together and may be having the discussions about moving and out attending Open Houses. That’s where it can start.
Ask us about RealVitalize, a program to help sellers make the repairs now and pay at closing! We refuse to take shortcuts. Professional HDR Photography remains “state of the art” and is used with every home we bring to the market. As one of our clients stated, “I can’t believe how my home looks with your photography. The pictures are amazing!”
With nearly 600 agents and over $1 Billion in yearly sales (yes, Billion), chances are we have buyers for your home within our grasp. We have processes in place to assist you in both the sale of your home and the purchase of your next home and our lender partners are ready and willing to have a discussion with you about what to expect. Talk to us about how we are getting our clients into their next home on time.
We are here to serve you. For helpful homeowner and real estate tips, please see our Blog.
As a reminder, you can see all of our Market Reports over the past 3 years by scrolling down on the report on our website, so scroll down now!
A few highlights of the current San Antonio Homes for Sale are shown below and represent a nice cross section of properties available, under contract, and that have sold.
This Week’s Most Expensive
This week’s most expensive home is located in The Dominion. World-class grounds await hidden behind large wrought iron gates and lined with mature trees brought in to provide unrivaled levels of privacy from the road. Poised for large-scale entertaining, this palatial Mediterranean estate is nothing short of spectacular. Privately gated and secluded on a corner lot, enter through the oversized double wrought iron gate to an expansive flagstone and in-laid brick motor court with ample space for guest parking. A separate guest apartment with private access off of Crescent Park features the same level of luxurious detail to include a living room, bar, and full bath down and an oversized guest suite up with vaulted ceilings, a sitting area, and an en suite bath. Step inside and be greeted by walls of floor-to-ceiling windows allowing for natural lighting to flood the interior, affording ample opportunity to relish in the gem’s extraordinary appointments. From the gourmet chef’s kitchen with a large, beveled bullnose eat-in granite island, to the family room with hand carved Cantera fireplace, every aspect of this home is grand in scale and bold in design. Indulge in the resort-style outdoor paradise with extensive stone and brick decking and hardscaping surrounding the spectacular hand-laid mosaic glass tile pool and jacuzzi with three tiers of entertaining space. Recently re-stucco of exterior throughout and refinishing of wood floors throughout. An unrivaled opportunity to enjoy an unparalleled lifestyle of seclusion, luxurious comfort, and lavish entertaining within the coveted guarded gates of The Dominion. (Schedule Showing).
This Week’s Least Expensive
This week’s least expensive home is again located in Prospect Hill. Potential investment property in a good location, minutes from all major highways. This home is around the corner from Our Lady of the Lake University with lots of neighborhood amenities within walking distance, including a walking trail with a playground and minimal neighbors. Large backyard with plenty of potential to add on or even build the perfect entertainment area outdoors. (Schedule Showing).
This Week’s Must See
There were more great San Antonio Homes for Sale to consider for this week’s ‘Must See.’ Located in Apple Creek near the Medical Center, this home is perfect for entertaining guests and creating new memories. This one-story home is the ideal place to begin the next chapter of your life! This home cannot be beaten with beautiful, vaulted ceilings, laminate flooring and tile throughout the house, brand-new upgraded fixtures, and fresh interior and exterior paint. With ample space to enjoy a delicious meal, the kitchen is the ideal zone for any home chef. Boasting granite countertops, all-new handles on cabinetry, stainless steel appliances, and a deep kitchen with a window overlooking the backyard. A wood-burning fireplace is offered in the living area, perfect for gatherings. Tranquility awaits within the primary bedroom and en suite bath with dual vanities, a standing shower, and a walk-in closet. Outdoors has a covered patio, a shed for additional storage, and gorgeous mature trees. This home has a fantastic location close to the Medical Center, 410, I10, 1604, UTSA, USSA, Six Flags, shopping, and restaurants. (Schedule Showing).
