October saw home sales in the Sonterra communities double what they were during September.
Sonterra saw the number of homes sold during the first 10 months of the year compared to 2013 decrease by 25.2 percent.
Even with home sales down over 25 percent, Sonterra is still experiencing a seller’s market with low inventory of available homes for sale and increased sale prices.
The average sale prices have experienced a 13 percent increase, while the median sale prices is also up 13 percent during the same time frame.
Currently there are 28 homes for sale in Sonterra.
The prices range from $259,000 for a 3 bedroom, 2700 sqft home all the way to $1,400,000 for a 5 bedroom, 6200 sqft home.
Sonterra October Home Sales
Sonterra seen 11 homes that sold during the month of October.
The homes that sold ranged from 3 bedroom, 1900 sqft homes all the way to 5 bedroom homes of over 4100 sqft.
Sonterra October Home Sale Prices
Home sale prices during the month of October in Sonterra, ranged from a low of $240,000 to a top price of over $580,000.
For the month, the average sale price was $379,236 and the median sales price of $355,000.
For the year, the average sale price is $358,779, an increase of 13.1 percent from 2013, and the median sales price of $311,500, up 13.3 percent from 2013.
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 14 days on market to a high of over 137 days on market.
For the month, the average days on market was 52 and the median days on market of 43.
For the year, the average days on market is 114, down 14.3 percent from last year, and the median days on market of 46, a decrease of 42.5 percent from 2013.
Sonterra Home Sales by Number of Bedrooms
3 Bedroom Size: 2514 Sqft 24 sold in 2014
Average Sales Price: $298,387 Median Sales Price: $269,750
4 Bedroom Size: 3247 Sqft 45 sold in 2014
Average Sales Price: $373,000 Median Sales Price: $323,500
5 Bedroom Size: 4055 Sqft 11 sold in 2014
Average Sales Price: $432,364 Median Sales Price: $338,000
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.
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