REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Antonio Housing Market Update from SABOR

According to the San Antonio Board of Realtors, the average price of homes in San Antonio at the end of August 2010 increased for the second consecutive quarter and now stands at $200,268 – up 10% compared to August 2009.  The median price increased to $159,600 marking a 7% increase compared to the same time last year.

Sales activity, however, dropped in August. A total of 1,604 homes were sold which reflects a 9% decrease from sales reported in August 2009 – when first time buyers were taking advantage of federal stimulus tax credits.  Still, the number of sales year-to-date remains up 4%.

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