SAN ANTONIO (March 16, 2021) – San Antonio and its surrounding communities saw a 1% increase in February 2021's home sales compared to February 2020, according to data provided by the San Antonio Board of REALTORS® (SABOR) which reports on all areas contained within the MLS. Despite the week-long snowstorm, 2,413 homes were still sold in February 2021 compared to February 2020's 2,395 home sales.
“It's important to remember the vast changes that the nation is still experiencing. We remain hopeful and expect to see the housing market drive forward with many home options and sales,” said Xavier Turpin, Realtor at 210 Realty Group. "The incoming demand for homes shows that Bexar County and the greater San Antonio areas remain an attractive place to live."
The average price of homes sold in the area for February was $314,810 with a median price of $264,100. In all of Texas, the average price was $348,393--18.5% higher than February 2020--with a median of $275,000.
In the greater San Antonio area, there were 2,626 new listings, while Bexar County specifically had 1,862 new listings. There were 26,501 total new listings in the state of Texas in February.
SABOR Multiple Listing Service Report: Home Sales Recap
2021 | 2020 | 2019 | |
Total Month Sales | 2,413 homes | 2,395 homes | 2,200 homes |
Average Price | $314,810 | $274,049 | $259,758 |
Median Price | $264,100 | $237,500 | $223,900 |
Days on the Market | 51 days | 74 days | 69 |
*Percentage increases are based on a year-over-year comparison.
In the county comparison, Bexar County sales are similar to the previous years, with just 4 homes less sold this February (1,743 homes in February 2021 vs. 1,747 in February 2020), which is comparatively small to the other three major Texas counties. In a year-over-year comparison, Travis County's home sales decreased 8.4 percent (986 homes), Harris County decreased 1.7 percent (3,097 homes), and Dallas County decreased 7.1 percent (1,417 homes). The percentage decrease is year-over-year from 2020 to 2021.
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