Zillow apartments for sale san antonio
In addition, the price per square foot increased by 23 percent since April 2021. 101,9% of listings sold for the asking price, with 1.2 months of inventory remaining. The average and median home prices in the San Antonio area continue to rise. In April, home sales were down by 7.6% YoY. The time spent on the market now is about a month and 7 days less than last year. This scarcity of inventory, or available properties, is what keeps prices high and creates a seller's market. According to local realtors, the new housing stock is growing faster than demand, though it has a long way to go to catch up.
It is presently approximately 1.2 months' worth of supply of homes, representing a strong seller's real estate market. The inventory of available homes continues to grow from previous months.
San Antonio, though, remains cheaper than the rest of Texas. The average price of a home increased by 20% to $395,847, according to data from the San Antonio Board of Realtors (SABOR), which serves Bexar and surrounding counties. In April 2022 (latest report), the median price of a home increased 23 percent year over year to $338,700. San Antonio area's housing market is hot as demand outpaces supply and prices keep hitting record highs. The pandemic has failed to slow down the San Antonio housing market. Let’s take a look at the latest San Antonio real estate market trends. Is It a Good Time to Sell a House or Should Wait Until 2023?.What Happens to Homeowners if the Housing Market Crashes?.Housing Market Predictions 2022: Will it Crash Again?.Southern California Housing Market Forecast 2022 & 2023.
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