SAN ANTONIO (June 15, 2021) – San Antonio and its surrounding areas experienced a 27 percent rise in home sales year-over-year, for the second month in a row, according to data provided by the San Antonio Board of REALTORS® (SABOR), reporting on all areas contained within the MLS. In May a total of 3,669 homes sold whereas 2,884 homes were sold last year.
“Home sales have continued to outpace last year, and inventory still remains low at just 1.3 months available,” said Xavier Turpin, Realtor at 210 Realty Group. "Homebuyers need to be prepared to move quickly on a home they are interested in."
Home sales in May averaged $341,853 with a median price of $282,400. Comparatively, the average price throughout all of Texas was $388,261, which is 31.7 percent higher than May 2020. The median price in Texas reached $305,000, a 22.1 percent overall increase from last year.
In May there were 4,148 new listings in the San Antonio area, while Bexar County specifically reported 2,925 new listings. In all of Texas, a total of 40,884 new listings hit the market in May.
*Percentage increases are based on a year-over-year comparison.
Bexar County home sales increased 26 percent with 2,639 homes sold. In a year-over-year comparison, Travis County's home sales increased 44.1 percent (1,598 homes), Harris County increased 46.8 percent (4,904 homes), and Dallas County increased 35.6 percent (2,056 homes).
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 at 210.515.4885 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