Recent Sales 227
North Central 29
North West 66
North East 61
Inside 410 Loop 28
Boerne 4
New Braunfels 4
Canyon Lake 7
New San Antonio Homes entering the market last week were 954 as our inventory grows giving buyers more leverage in negotiations and choice. We mentioned that on line searches were increasing a few weeks ago and we expected activity to follow. That’s exactly what is happening and where there is activity, transactions follow. Interest rates have settled down as you can see from the above graph. Well cared for homes, priced right continue to go under contract quickly as days on market increase. 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:
| 2021 December |
2022 December |
Change | |
| Median Price | $305,000 | $322,000 | 10.5% |
| Active Listings | 4,734 | 9,626 | -6.2% |
| Closed Sales | 3,615 | 2,512 | -30.5% |
| Days on Market | 35 | 59 | 68.6% |
| Months of Inventory | 1.4 | 3.1 | 121.4% |
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. 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.
A promise from us – if you’re considering selling your home, we have solutions and would like to sit down and discuss the options. It’s what we do – let us “Guide You Home.” THERE ARE SOLUTIONS! THERE ARE NO SHORTCUTS!
The Numbers Month to Month and Year to Year
There have been 2,267 Properties Sold in the past 30 days, while pending sales over that same period are 2,746. These are very encouraging numbers to begin the year.
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 Cordillera Ranch. Exquisite Guadalupe River frontage estate in Cordillera Ranch, the Texas Hill Country’s most exclusive country club community. This 8,258 square foot home on 3.23 acres features 206 feet of river frontage and majestic, long-distance northern views over the Guadalupe River and a private ranch to the north. Built by Atkinson Custom Homes in 2019, this 5-bedroom, 5-bathroom property includes a private courtyard, an oversized 4-car garage, and an alluring pool, spa, fire pit and an outdoor kitchen/entertaining venue that provides privacy while capturing the stunning view. The gourmet kitchen features commercial-grade Wolf appliances. Hand-cut stone trim, wood floors and exposed Douglas Fir timber beams accent the home. The multi-tiered outdoor living space is ideal for entertaining with a sophisticated, Hill Country elegance. This property is in pristine condition and shows as new, with new wood flooring recently added upstairs. This premium property includes a Master Golf Membership option at The Clubs of Cordillera Ranch. (Schedule your private showing 210-286-9106)
This Week’s Least Expensive
This week’s least expensive home is again located in the Pasadena Heights subdivision. This fixer upper needs a little TLC, but has a ton of investor potential for rental or flip. Easy investment opportunity and ready for an extreme renovation. Quick sale wanted, home is vacant and the seller is looking for a cash offer. Ton of Investor Potential for Rental or Flip. Convenient to AT&T Center, Freeman Coliseum. (Schedule your private showing 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 Cedar Springs subdivision, this home is USDA 0% down payment qualified! Fantastic home on culdesac lot in popular gated community! Neighborhood amenities: adult pool, baby pool, party room, volleyball, basketball & tennis! Updates include: interior paint, bamboo flooring, carpet, remodeled kitchen and master bath! Bright open island kitchen with quartz counters, glass backsplash, all new appliances, refinished cabinets, 5 burner gas cooking! Owner’s retreat has multiple closets and very spacious bath with large corner garden tub, remodeled shower and double vanity! Interior is very open with high ceilings! Shady yard with multiple mature trees, sprinkler system, large covered patio, gas stub out for grill, prewired for hot tub and storage shed! Other updated: all brushed bronze interior door hardware, roof 2016, HVAC 2017, bathroom faucets, bathroom and accessories and mirrors and water h ineater 2018! (Schedule your private showing 210-286-9106)
