A slow month of May has pushed Fair Oaks Ranch home sales below last years numbers.
Fair Oaks Ranch has experienced a decrease of 3 percent in the number of homes sold during the first 5 months of 2014 when compared to those same months during 2013.
The drop in home sales has placed Fair Oaks Ranch in a seller’s market with an inventory of available homes at 8 months.
During the same time period, the average sales price is up 3 percent and the median sales price is up 1 percent.
Currently there are 112 homes for sale in Fair Oaks Ranch.
The prices range from $289,500 for a 3 bedroom, 2000 sqft home all the way to $1,049,000 for a 4 bedroom, 7000 sqft home.
Fair Oaks Ranch May Home Sales
Fair Oaks Ranch seen 14 homes that sold during the month of May.
The homes that sold ranged from 3 bedroom, 2100 sqft homes all the way to 4 bedroom homes of over 4900 sqft.
Fair Oaks Ranch May Home Sale Prices
Home sale prices during the month of May in Fair Oaks Ranch, ranged from a low of $300,000 to a top price of over $652,000.
For the month, the average sale price was $458,064 and the median sales price of $429,500.
For the year, the average sale price is $421,936, an increase of 2.8 percent from 2013, and the median sales price of $399,000, up 0.5 percent from 2013.
Fair Oaks Ranch May Days on Market and Absorption Rate
Home sold days on market during the month of May in Fair Oaks Ranch, ranged from a low of 16 days on market to a high of over 339 days on market.
For the month, the average days on market was 76 and the median days on market of 30.
For the year, the average days on market is 137, down 31 percent from last year, and the median days on market of 97, a decrease of 22 percent from 2013.
Fair Oaks Ranch Home Sales by Number of Bedrooms
3 Bedroom Size: 2778 Sqft 28 sold in 2014
Average Sales Price: $372,912 Median Sales Price: $363,200
4 Bedroom Size: 3300 Sqft 26 sold in 2014
Average Sales Price: $451,819 Median Sales Price: $415,200
5 Bedroom Size: 3929 Sqft 11 sold in 2014
Average Sales Price: $476,091 Median Sales Price: $450,000
Fair Oaks Ranch Current Listings
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
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