San Antonio, Texas – The latest Multiple Listing Service (MLS) report from the San Antonio Board of REALTORS® (SABOR) shows that in April 2024, a total of 3,188 homes were sold, an increase of 7% from April 2023. The average home price experienced a 3% rise, reaching $378,171, while the median price saw a slight decrease of 2%, settling at $310,000. The average residential rental price also saw an uptick, standing at $1,883, reflecting continued stability in the rental market.
“The average number of days on the market increased by 8% to 77 days, suggesting a slightly longer selling period for properties compared to the same time a year ago,” said Will Curtis, SABOR's 2024 Chair of the Board. “The months of inventory remained balanced at 4.5. New listings surged by 15% to 4,767, while active listings saw a significant 34% increase to 12,727, indicating ample options for buyers.”
Statewide, total sales saw an impressive 8.6% increase, with 29,038 homes sold. Both average and median prices experienced growth, with the average price rising by 4.4% to $436,730, and the median price increasing by 1.8% to $345,000. 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.
Additional key metrics from the April 2024 report include:
$181 per square foot, a 1% increase
94.5% of homes closed at the original list price
2,802 pending listings, a 16% decrease
Price distribution showed:
9.2% of sales priced at $199,000 and below
74.2% of sales priced between $200,000 and $499,000
16.5% of sales priced at $500,000 and up
APRIL 2022 | APRIL 2023 | APRIL 2024 | |
Total Month Sales | 3,344 homes | 2,967 homes | 3,188 homes |
Average Price | $ 387,333 | $ 366,351 | $ 378,171 |
Median Price | $ 322,725 | $ 315,000 | $ 310,000 |
*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