The Inwood neighborhood kicked off 2013 on the wrong foot, with all key indicators down from last January. The real estate forecast for San Antonio is for better numbers than 2012 and Inwood should also meet those expectations.
Inwood has seen a decrease in the number of homes sold for 2013 compared to 2012 of 200 percent.
During the same time period though, the average and median sale prices have both been down, 8 and 1 percent.
Currently there are 18 homes for sale in Inwood. The prices range from $285,000 for a 4 bedroom, 2500 sqft home all the way to $1,295,000 for a 6 bedroom, 7400 sqft home.
Inwood January Home Sales
Inwood seen 2 homes that sold during the month of January. The homes that sold ranged from a 5 bedroom, 2800 sqft home all the way to a 5 bedroom home of over 3400 sqft.
Inwood January Home Sale Prices
Home sale prices during the month of January in Inwood, ranged from a low of $225,000 to a top price of over $339,900. For the month, the average sale price was $282,450 and the median sales price of $282,450. For the year, the average sale price is $282,450, a decrease of 8 percent from 2012, and the median sales price of $282,450, down 1 percent from 2012.
Inwood January Days on Market and Absorption Rate
Home sold days on market during the month of January in Inwood, ranged from a low of 121 days on market to a high of over 281 days on market. For the month, the average days on market was 201 and the median days on market of 201. For the year, the average days on market is 201, up 10 percent from last year, and the median days on market of 201, an increase of 32 percent from last year as well.
Inwood Home Sales by Number of Bedrooms
5 Bedroom Size: 3147 Sqft 2 sold in 2012
Average Sales Price: $282,450 Median Sales Price: $282,450
Inwood Current Listings
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What do you think?
Is there any other information you would like? What are your thoughts on how the real estate market is doing in Inwood? Please let me know what they are in the comments.