New Homes.org Report Provides Analysis on the San Antonio Real Estate Market

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The new Homes.org market report offers analysis on the current real estate market in San Antonio, TX. The analysis covers the latest trends and insight on what to expect in the coming year based upon activity and recent sales in the San Antonio area.

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San Antonio continues to prove itself time and time again as a city that's making strides.

Like many cities in Texas, the most recent Homes.org real estate report shows that San Antonio is a stable market for home buyers and sellers. According to San Antonio Board of REALTORS® President Angela Shields, the San Antonio real estate market is holding strong thanks to affordability, low interest rates and job growth in the area.

The latest numbers show that in February, a month that's typically slow, there was a 3% rise in the average sales price compared to the same time last year. Unlike other big cities that fell 0.7-1.1% at the end of 2011, San Antonio enjoyed increases in property values that were over the 2007 levels.

In the current economic climate job security certainly is one of the factors causing San Antonio to stand out even amongst other affordable cities. The BLS reported that San Antonio was in the top 10 metro areas for projected job growth all the way through 2020. "San Antonio continues to prove itself time and time again as a city that's making strides," says Shields.

San Antonio Real Estate Market Latest Information and Statistics

Counties: Bexar and Medina

Zip Codes in the City: 78201-78266, 78268-78270, 78275, 7827-78280, 78283-78289, 78291-78299

Population (City): 1,327,407

Population (Metro): 2,142,508

Total Households(2006-2010): 461,139

Median Value Owner Occupied Housing (2006-2010): $108,600

February 2012 Average Sale Price for Single-family Homes in : $183,955

February 2012 Median Sale Price for Single-family Homes in: $147,100

February 2012 Single-family Sales in San Antonio: 1,243

February 2012 Pending Home Sales in San Antonio: 1,456

Foreclosures (Bexas County): 1 in 859

Renters vs. Owners: 41.4% vs 58.6%

Type of Home:
29% Single Family
1% Condo
70% Other

Popular San Antonio Neighborhoods Seeing Improvement in Sales

  •     Braun Station West
  •     Downtown
  •     East Terrell Hills
  •     Eden
  •     Friedrich Wilderness Park
  •     Hidden Cove - Indian Creek/Southwest
  •     Hunters Chase II
  •     Ingram Hills
  •     Jefferson
  •     Mahncke Park
  •     Mission San Jose
  •     Northwest Crossing
  •     Oak Hills
  •     Palm Heights
  •     Pecan Valley
  •     Prospect Hill
  •     Quintana Community
  •     Royal Ridge
  •     San Antonio Creekside
  •     Shearer Hills - Ridgeview
  •     Sonoma Ranch
  •     Sunrise Neighborhood Coalition
  •     Thunderbird Hills
  •     Vance Jackson
  •     Woodbridge at Monte Viejo
  •     Woods of Shavano

To learn more about real estate in San Antonio, TX or to search for the latest listings in Texas, please visit: Homes.org

About Homes.org

Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.

About Star Nine Ventures®

Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine's core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.

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Ace Elliott
Homes.org
512-538-2215
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