The Sonterra community experienced another increase in home sale prices during the month of July.
They are still trailing where they were last year, but they have been steadily improving as the year has progressed.
Sonterra has seen an increase in the number of homes sold during the first 7 months of 2013 compared to 2012 of 61 percent.
The average sale prices have experienced a 4 percent decrease, while the median sale prices are down 8 percent during the same time frame.
Currently there are 47 homes for sale in Sonterra. The prices range from $229,000 for a 3 bedroom, 2200 sqft home all the way to $1,175,000 for a 5 bedroom, 6100 sqft home.
Sonterra July Home Sales
Sonterra seen 12 homes that sold during the month of July.
The homes that sold ranged from 3 bedroom, 1800 sqft homes all the way to 5 bedroom homes of over 7000 sqft.
Sonterra July Home Sale Prices
Home sale prices during the month of July in Sonterra, ranged from a low of $250,000 to a top price of over $992,500.
For the month, the average sale price was $362,346 and the median sales price of $287,500.
For the year, the average sale price is $321,268, a decrease of 4 percent from 2012, and the median sales price of $273,000, down 8 percent from 2012.
Sonterra July Days on Market and Absorption Rate
Home sold days on market during the month of July in Sonterra, ranged from a low of 17 days on market to a high of over 112 days on market.
For the month, the average days on market was 51 and the median days on market of 46.
For the year, the average days on market is 124, a decrease of 40 percent from last year, and the median days on market of 81, down 41 percent from last year.
Sonterra Home Sales by Number of Bedrooms
2 Bedroom Size: 2286 Sqft 1 sold in 2013
Average Sales Price: $231,300 Median Sales Price: $231,300
3 Bedroom Size: 2560 Sqft 34 sold in 2013
Average Sales Price: $282,693 Median Sales Price: $256,625
4 Bedroom Size: 3103 Sqft 41 sold in 2013
Average Sales Price: $319,497 Median Sales Price: $286,000
5 Bedroom Size: 4119 Sqft 10 sold in 2013
Average Sales Price: $456,812 Median Sales Price: $340,000
6 Bedroom Size: 4239 Sqft 1 sold in 2013
Average Sales Price: $440,000 Median Sales Price: $440,000
Sonterra 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.
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 Sonterra? Please let me know what they are in the comments.