Sonterra continues to see a tremendous increase in home sales for 2012. This, along with the increases in sale prices, shows a strong real estate market for the Sonterra community.
Sonterra has seen an increase in the number of homes sold for the first 10 months of 2012 compared to 2011 of 44 percent.
The increase in homes sold is not the only increase during the same time period, the average and median sale prices have both experienced a 9 and 3 percent increase.
Currently there are 68 homes for sale in Sonterra. The prices range from $197,500 for a 3 bedroom, 2300 sqft home all the way to $837,000 for a 4 bedroom, 4200 sqft home.
Sonterra October Home Sales
Sonterra seen 8 homes that sold during the month of October. The homes that sold ranged from 3 bedroom, 2000 sqft homes all the way to 6 bedroom homes of over 5700 sqft.
Sonterra October Home Sale Prices
Home sale prices during the month of October in Sonterra, ranged from a low of $198,000 to a top price of over $560,000. For the month, the average sale price was $288,750 and the median sales price of $249,750. For the year, the average sale price is $327,339, an increase of 9 percent from 2011, and the median sales price of $283,500, up 3 percent from 2011.
Sonterra October Days on Market and Absorption Rate
Home sold days on market during the month of October in Sonterra, ranged from a low of 36 days on market to a high of over 412 days on market. For the month, the average days on market was 172 and the median days on market of 113. For the year, the average days on market is 184, an increase of 64 percent from last year, and the median days on market of 110, up 67 percent from last year.
Sonterra Home Sales by Number of Bedrooms
3 Bedroom Size: 2462 Sqft 27 sold in 2012
Average Sales Price: $270,126 Median Sales Price: $233,000
4 Bedroom Size: 3257 Sqft 36 sold in 2012
Average Sales Price: $324,747 Median Sales Price: $293,000
5 Bedroom Size: 4142 Sqft 11 sold in 2012
Average Sales Price: $455,105 Median Sales Price: $295,000
6 Bedroom Size: 5735 Sqft 1 sold in 2012
Average Sales Price: $560,000 Median Sales Price: $560,000
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.