San Antonio, Texas – The latest Multiple Listing Service (MLS) report from the San Antonio Board of REALTORS® (SABOR)
underscores the resilient trends in the local real estate market for June 2024. In total, 3,239 homes were sold, reflecting a 6%
decline from June 2023. The average home price dropped by 2% to $378,392, while the median price experienced a modest
decrease of 1% to $314,900. Conversely, the average residential rental price increased to $1,913, signifying strong demand
in the rental market.
“June saw a significant boost in market activity, with new listings up by 15% to 5,386 and active listings soaring by 40% to
14,643, offering buyers choices,” stated Will Curtis, SABOR's 2024 Chair of the Board. “Additionally, 94.8% of homes
closed at the original list price, illustrating a stable market environment.”
Across the state, the real estate market showed a decline, with total sales dropping by 11.6% to 28,506 homes. Both average
and median prices demonstrated stability, with the average price slightly falling by 0.5% to $433,996 and the median price
decreasing by 0.3% to $349,000. Median prices varied across major counties in Texas, with Bexar County at $299,990, Travis
County at $561,425, Harris County at $335,000 and Dallas County at $385,530.
Other notable metrics from the June 2024 report include:
•The price per square foot decreased by 2% to $177
•The average number of days on the market held steady at 64 days
•Pending listings declined by 11% to 2,833
Price distribution in June showed:
•10.55% of sales priced at $199,000 and below
•71.97% of sales priced between $200,000 and $499,000
17.47% of sales priced at $500,000 and above
JUNE 2022 | JUNE 2023 | JUNE 2024 | |
Total Month Sales | 3,691 homes | 3,457 homes | 3,239 homes |
Average Price | $ 397,076 | $ 387,784 | $ 378,392 |
Median Price | $ 340,000 | $ 318,000 | $ 314,900 |
*Percentage increases/decreases 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
210 Realty Group, LLC
Owner | Realtor® | Property Manager
xavier@210realtygroup.com | 210.593.8788