SABOR

Once was shocking enough. Now, a second vacant lot a local couple considered buying turned out to be another fraudulent listing.

For the fifth month in a row homes sales were down in the San Antonio area. But that’s the case for prices as they continue to climb.

The latest numbers from the San Antonio Board of Realtors show that the median price of a home in San Antonio jumped $45,700 from July 2021 to July 2022.

The San Antonio Board of Realtors is looking to help make policy changes that will help keep local families from being taxed out of their homes.

People hunting for a house are finding hot competition, limited inventory and surging prices.

The average price of a home sold in San Antonio increased 17% to $351,226 and the median price appreciated by 18% to $304,700.

The average price of a home sold in San Antonio increased 17% to $359,545 and the median price appreciated by 19% to $307,200.

Data shows a spike of 40-50% in median home prices for some neighborhoods in last 3 years

High demand, low mortgage rates and massive price increases for homes have led to a somewhat hectic housing market in the U.S. over the last year.

The average price of a home increased 16% to $356,071 and the median price was up by 18% to $305,400.

The September report from the San Antonio Board of REALTORS showed that prices are up 15% over last year.

The June report from the San Antonio Board of REALTORS showed that 4,024 homes sold in June, a 5% increase over last year, and they sold more than twice as fast as in 2020.

Homes are selling as fast as ever as local sellers see multiple offers.

In a surging spring housing market, San Antonio area sellers are seeing multiple offers, offers above asking price, and even personal letters from buyers.

SAN ANTONIO – In the year of staying at home, you may as well buy one, too. That seemed to be the mindset in 2020, as buyers snapped up homes in the area in record-busting numbers. For the year, 38,448 homes sold in San Antonio and surrounding communities for an 11% increase over 2019, according to new numbers released by the San Antonio Board of Realtors. In Bexar County alone, sales were up 11.2%, a considerably larger increase than what Travis, Harris and Dallas counties saw. The average price of homes sold in 2020 was $294,106, a 9% percent increase over the previous year.

Despite a health crisis and recession, the San Antonio housing market saw record sales last year, a trend economists say they expect to continue into the new year. The San Antonio Board of Realtors held its annual Housing Forecast Thursday, and due to the pandemic, it was all virtual. The major driving force behind soaring sales, he said, has been and will continue to be record low mortgage rates. They are in the housing market now.”As for where people are moving, look to the suburbs. RELATED: Housing market on the rise in San Antonio

SAN ANTONIO – After casually house hunting for months, Sally Garrett decided it was time to get off the fence and into a new home. At a time when home buying typically tapers off, San Antonio’s fall sales are through the roof. October sales were 20% higher than the same time last year, according to the San Antonio Board of Realtors (SABOR). “They want land and certainly bigger homes,” he said. More than 3,000 sales are pending for November as it appears buyers will continue to gobble them up.

SAN ANTONIO – If there’s one thing that COVID-19 hasn’t stopped this year, it’s home sales. October sales were up 20% over last year, according to data from the San Antonio Board of Realtors (SABOR). The average price of homes sold in October was $309,513, a 13% increase over last year. Homes sold in October were on the market an average of 49 days, compared to 58 days in 2019. There have been 38,655 new listings in San Antonio in 2020, and the average price of homes sold this year is $290,066, according to SABOR.

SAN ANTONIO – The San Antonio home-buying market seems to have thumbed its nose at the pandemic and economic fallout as sales for this year exceeded last year by 5%, according to figures from the San Antonio Board of Realtors (SABOR). After a spring cooldown, summer home sales got hot. “I think one of the biggest reasons is interest rates,” said SABOR Chairwoman Kim Bragman. We’re seeing most loans under 3%.”Mortgage rates this week averaged 2.87% for a conventional 30-year fixed loan. Peak season simply shifted from spring to summer, Bragman said.

Area home sales rebounded big-time in June after May's pandemic clobbering. Technology, adaptation, and cheap interest rates helped.