Recent Sales 249
North Central 39
North West 60
North East 65
Inside 410 Loop 31
Boerne 7
New Braunfels 5
Canyon Lake 6
New San Antonio Homes entering the market last week were 638 as we get into the second week of the year. 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.
Next week we will have our first look at the 2022, year end numbers. As many accept the national news stories of “poor housing” reports, San Antonio continues to run against the tide as our market remains solid. Wanted to again report the following numbers – the same we reported earlier.
Here’s a preview of the information being withheld as it does not “flow” with the narrative:
| YTD Nov 2019 (Pre-Pandemic) |
YTD Nov 2022 | |
| Median Price | $240,000 | $330,000 |
| Active Listings | 98,700 | 90,606 |
| Closed Sales | 25,622 | 22,983 |
| Days on Market | 62 | 48 |
| Months of Inventory | 3.4 | 2.9 |
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.
Our own San Antonio Express News on January 4, 2023 said, “U-Haul says more people rented moving trucks to Texas than to any other state in 2022.” The article goes on to say that, “It is the second consecutive year, Texas topped the rental moving truck company’s list. One-way moves to Texas increased by 1 percent from 2021, but departures from the state also rose about 1 percent from the previous year.”
One advantage our agents have at Coldwell Banker is access to other service providers. For example, did you know that we have a global moving company come to our weekly meetings about once per quarter? That’s value to you, our current and prospective clients, as we have the up-to-date statistics on what is happening across the country. Many of the moving vans headed to California are going out empty and will give you a discounted rate if choose to move there! They are up-charging their customers on moves out of California! What does that mean for our market? Every state has their pros and cons, and it appears our “pros” continue to outweigh the cons. Although housing prices have risen and inflation is at a 40 year high, San Antonio remains a great choice for relocation and retirement, both military and civilian, and we will continue to see families choose our state to call home.
So, the question is, “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?
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 solutions 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 2,2521 Properties Sold in the past 30 days, while pending sales over that same period are 2,059. Although sales have fallen below 3,000, pending sales remain above 2,000 and you can expect lower activity 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.
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. Transitional Dominion estate perched at the end of a private cul-de-sac with spectacular views. Step inside and be greeted by walls of floor-to-ceiling windows allowing for natural lighting to flood the interiors, affording ample opportunity to relish in the gem’s extraordinary appointments. Designed on a magnificent scale with soaring ceilings and verdant vistas, the interior is detailed with exceptional materials boasting European white oak floors, smoothly finished walls, custom architectural/details, designer light fixtures, and exotic stones/marbles. The chef’s kitchen with professional chef’s grade stainless steel appliances opens to the family room with a stone gas fireplace, every aspect of this home is grand in scale and bold in design. The master suite boasts a spa-like His and Her bath and expansive closets on both sides with extensive custom cabinetry/built-ins/glass display fronts and patio access with a private balcony perfect for morning coffees or relaxing in the evenings. Impeccable craftsmanship prevails, with three spacious guest bedrooms, all with en-suite bathrooms on the main level. An oversized game room with a full wet bar and patio access leading out to a large covered patio with a full outdoor kitchen. Indulge in the resort-style outdoor paradise with a premier pool and spa overlooking spectacular vistas. Additional guest bedroom found in the garage with separate access complete with a full bathroom. (Schedule your private showing by calling 210-286-9106).
This Week’s Least Expensive
This week’s least expensive home is again located in in Lake Medina Shores subdivision. Investor Special! Approximately 1200 sf site-built home on double lot. Nearly 2/3 finished. Amazing opportunity to finish and flip, rent, or move in. Private, shady lot, and secluded and a potential nice profit for the person who finishes the rehab. Needs septic, plumbing, water meter, and interior finish out. HOA includes pool, miniature golf, clubhouse, boat ramp, party house, and playground. Fast growing area and when the lake comes up, the prices will follow. (Schedule your private showing by calling 210-286-9106).
This Week’s Must See
There were more great San Antonio Homes for Sale to consider for this week’s ‘Must See.’ Located in The Heights of Westcreek, this lovely, move-in-ready home. This home features a semi-open floor plan, spacious rooms, upgraded floors and a large backyard. Gather with loved ones in the beautiful living room or create a delicious meal in the eat-in kitchen hosting ample cabinetry. Upstairs is a wonderful second living space, ideal for a media room. Taking advantage of the gorgeous, recessed ceiling in the primary bedroom, you can relax and rejuvenate. It is possible to utilize the space in numerous ways since it has three secondary bedrooms. Each bathroom is well-maintained. The backyard hosts a concrete patio area, mature trees, and plenty of grassy areas. SeaWorld San Antonio is just a short drive away, as is excellent shopping and dining. (Schedule your private showing by calling 210-286-9106).
