San Antonio, Texas Housing Market Report
San Antonio Market Analysis Through September 2019.
As the Summer buying season wound down last month, home sales continued to outshine the same month last year with August 2019 reporting a total of 3,440 total sales, a seven percent year-over-year increase according to the multiple listing service report from the San Antonio Board of Relators, which reports on all areas contained within the MLS.
Both the average and median sales prices rose steadily, with the average increasing four percent to $277,114 and the median inching up three percent to $238,400.
August reported just 3.7 months of inventory available and the month ended with 2,688 sales still pending.
“It’s no surprise to see our sales continue to increase each year, with more and more people relocating here every day for work, school, military service and other interests,” said Grant Lopez, Sabor’s 2019 Chairman of the board.
“It’s clear that such a booming real estate market is directly related to the expansive growth happening in our city.”
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