San Antonio – San Antonio – According to December reports, home ownership transactions are still moving forward in the San Antonio metro area. The Area reported only a 1 percent decrease in home sales for a total of 3,529 homes sold according to the Multiple Listing Service Report from the San Antonio Board of REALTORS® (SABOR). Average home sales price rose 15 percent to $363,075 while the median price increased 19 percent to $311,000. The month closed with 2,784 new listings and 2,642 pending sales.
“We saw a strong end to the year in the San Antonio Area with an increase in pending sales and new listings compared to 2020,” said Tracie Hasslocher, SABOR's 2022 Chairman of the Board. "With a decent increase in median and average home prices we only saw a decrease of 48 closed sales with 99.8% closing at list price."
On average homes spent 34 days on the market before selling. Price per square foot increased to $173 a 20 percent increase from 2020.
Bexar County reported a total of 2,509 single-family homes sold in December, a 1.3 percent year-over-year increase. Average price in the county increased 15 percent to $337,724 while median price rose 18.5 percent to $295,000. Price per square foot rose 20.6 percent to $163 and 99.2 percent of homes sold for list price.
In Texas, a total of 33,334 homes sold in December, a decrease of 2.8 percent year-over-year. The average home sales price rose 15.9 percent to $395,068 and median price increased to $325,000, a 19.5 percent growth. Price per square foot in the state increased over 20 percent to $176 and 98.9 percent of homes sold for list price. December closed with 1.2 months of inventory, 25,256 new listings, and 25,461 pending sales.
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, Realtor 808.866.8807