The San Antonio Board of REALTORS says the local housing market is good and continuing to grow. In fact, all key housing indicators have improved over the last year.
"The average price for single family homes grew two percent to $185,561 and the median price increased four percent to $155,600 compared to figures in March 2011," said SABOR Communications Director, Elena Carillo, in a press release.
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Sales for the first quarter of 2012 are up 6 percent from the first quarter of last year.
And the trend continues to swing upward. The statistics have improved for three consecutive months this year.
"The benefit to the San Antonio housing market from job creation by military relocations, growth in health care and biosciences, renewed investment in oil and gas exploration, as well as revived interest in manufacturing reflect favorably in our statistics," said SABOR President and CEO Angela Shields.