San Antonio – According to the Multiple Listing Service (MLS) Report from the San Antonio Board of REALTORS® (SABOR), which reports all areas contained within the MLS, the San Antonio area saw a 9 percent decrease in home sales, compared to this time last year. Closing the month of June, there were 5,399 new listings, 7,721 active listings, and 3,036 pending sales.
“Although there is a slight decrease in sales, we continue to see an increase in median and average home prices in our area,” said Tracie Hasslocher, SABOR's 2022 Chairman of the Board. “In June, there was an 18 percent increase in average home prices and a 20 percent increase in median prices compared to a year ago. The area also saw a 14 percent increase in price per square foot. 100 percent of homes sold for the list price and stayed on the market for an average of 29 days.”
The San Antonio-New Braunfels MSA report shows June ended with 3,672 closed sales, 5,409 new listings, 6,994 active listings, and 2,950 pending sales. The average price for a home in the area increased 18.3 percent to $405,891. The median price also increased to $345,000, a 20.2 percent increase. 100 percent of homes sold for their listing prices and were on the market for an average of 28 days.
Home sales in Bexar County saw a decrease of 10.3 percent in June 2022. In total, 2,560 homes were sold in the area. 101.2 percent of homes were sold for list price and the price per square foot increased to $180. The average home price for the area increased 16.9 percent to $374,455 and the median price increased 18.2 percent to $325,000. Other major counties in the state also reported an increase in median home prices. Travis County is sitting at $649,863, Harris Co. at $343,000, and Dallas Co. at $400,000 in median home prices.
Across Texas, 34,948 homes sold, a decrease of 8.6 percent from June 2021. The state saw an increase of 13.3 percent in average home prices and a 16.1 percent increase in median prices. The price per square foot also increased by 17.3 percent, now at $197. Homes stayed on the market for an average of 25 days, with 2.1 months of inventory and 100.9 percent selling for their list price. Texas closed the month with 54,073 new listings, 66,578 active listings, and 31,795 pending sales.
SABOR Multiple Listing Service Report: Home Sales Recap
June 2020 | June 2021 | June 2022 | |
Total Month Sales | 3,850 homes | 4,038 homes | 3,674 homes (9% decrease) |
Average Price | $ 289,517 | $ 340,555 | $400,875 (18% increase) |
Median Price | $ 249,500 | $ 289,700 | $ 348,200 (20% increase)) |
*Percentage increases are based on a year-over-year comparison.
For more information, visit www.sabor.com.
210 Realty Group offers a wide range of Real Estate Services in metro San Antonio to help find your next forever home, sell your current home or expand your investment portfolio. Our agents have years of experience in and around San Antonio and are ready to tackle all your real estate needs. We know that buying & selling can be very stressful, which is why we cater our services to fit your specific needs. Give us a call today and see how 210 Realty Group can streamline the buying and selling process for you. We can help you determine what you should sell your current home for and what is a fair market price for your new home.
Xavier Turpin, Realtor 808.866.8807