San Antonio Real Estate News

SAN ANTONIO SUMMER HOME INVENTORY ON THE RISE 5%

SAN ANTONIO SUMMER HOME INVENTORY ON THE RISE 5%

SAN ANTONIO (July 20, 2021) – San Antonio and its surrounding areas saw a five percent rise in June's year-over-year home sales report, according to data provided by the San Antonio Board of REALTORS® (SABOR), reporting on all areas contained within the MLS. In June, a total of 4,024 homes sold, an increase from the 3,850 homes sold last year.

“The San Antonio area housing market is continuing to move quickly, homes are selling in an average of 26 days, that's 34 days less than last year.” said Xavier Turpin, Realtor at 210 Realty Group. “With the kick off of summer we are seeing new inventory hit the market which is providing more options for buyers."

Home sales in June averaged $345,114 with a median price of $292,600. Comparatively, the average price throughout all of Texas was $396,801, which is 25.8 percent higher than last year. The median price in Texas increased 21.2 percent up to $315,000, compared to $261,000 last year.  

In June there were 4,476 new listings in the San Antonio and its surrounding areas, which is a 12.32 percent increase year-over-year. Bexar County specifically reported 3,202 new listings from 2,865 in June 2020. In all of Texas, a total of 46,472 new listings hit the market in June, a 9.5 percent increase from last year. 

*Percentage increases are based on a year-over-year comparison. 

Bexar County total home sales remained at 2,790 which was consistent with June 2020 sales. In a year-over-year comparison, Travis County's home sales increased 2.4 percent (1,689 homes), Harris County increased 15.6 percent (5,401 homes), and Dallas County decreased 1.1 percent (2,095 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

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