SAN ANTONIO (August 12, 2021) – Home sales in July 2021 decreased slightly when compared to July 2020, from 4,285 to 3,885. However, the San Antonio market is continuing to show movement in home purchases and sales. There were 3,249 pending sales leading into August, with 4,859 new listings in July. All data was provided by the San Antonio Board of REALTORS® (SABOR) which reports on all areas contained within the MLS.
"Looking across other metropolitan counties, Bexar, Harris, Travis, and Dallas all showed a decrease in sales this month. However, homes are being purchased more quickly, with the average number of days on the market in San Antonio at 25 days, and Bexar County at 23 days," said Xavier Turpin, Realtor at 210 Realty Group. "This is more than half the time it took for homes to sell last year."
Home sale prices in July averaged $353,811 with a median price of $298,400. Comparatively, the average price in Texas was $392,429, which is 18.5 percent higher than last year. The median price in Texas increased 16.7 percent up to $315,000, compared to $270,000 last year.
Bexar County specifically reported 3,490 new listings, up from 3,108 in 2020. In all of Texas, a total of 48,582 new listings hit the market in July, a 5.7 percent increase year-over-year.
*Percentage increases are based on a year-over-year comparison.
Bexar County total home sales reached 2,788, a small decrease from the 3,066 homes sold last July. Comparatively, Travis County's home sales decreased 14.3 percent (1,590 homes), Harris County decreased 3.8 percent (5,234 homes), and Dallas County decreased 17.5 percent (2,048 homes) year-over-year.
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