For the second month in a row, San Antonio set a new record for average sales prices.
Home sales also saw the second highest number of sales during the month of June.
San Antonio has seen an increase of 3.2 percent in the number of homes sold for the first half of 2014 when compared to the first 6 months of 2013.
Coupled with the month’s strong home sales prices, the average home sales price has also seen an increase of 8.1 percent during the same time period.
San Antonio June 2014 Home Sales
The 2,545 home sales in San Antonio for the month of June was a 6.6 percent increase when compared to the homes sales of June of 2013.
This represents the highest number of sales during June since 2006.
San Antonio June 2014 Home Sale Prices
The average home sale price, $230,400, in San Antonio increased 5.6 percent in June when compared to June of 2013.
The median home sale price, $187,700, also increased 5.6 percent during the same time period.
San Antonio June 2014 Days on Market and Absorption Rate
The inventory of available homes for sale in San Antonio for June was at 4.7 months. The number of total listings (9,641) for the month of June was slightly higher than they have been for the past year.
The 4.7 months of inventory for June continues to place our inventory levels at the lowest levels since 2006.
A neutral market is 6 months of inventory with numbers above 6 months indicating a buyer’s market (more supply of homes than the demand) and numbers below 6 months, a seller’s market (more homes in demand than homes available on the market).
San Antonio Current Listings
For more information on how these numbers are affecting you or for a specific neighborhood, contact me for free information.
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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