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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Antono housing market posts record sales activity in August

The San Antonio housing market reached a new high last month, according to the August 2012 analysis by the San Antonio Board of Realtors (SABOR).  Over the 31 days of August, a total of 2,070 home sales were recorded — marking the highest transaction figure in four years, SABOR states. The previous record was in June 2012, when a total of 2,018 homes were sold.

The August figure of 2,070 sales marks a healthy increase from numbers posted for August 2011, when 1,771 homes were sold; and 2010, when a total of 1,604 homes were sold.

The average price of home in the greater San Antonio area stood at $200,760 as of August 31, 2012. By comparison, for the same month in 2011, the average price was $188,485. In August 2010, the average price of a home here was $200,268.

Click to read entire article: San Antonio housing market posts record sales activity in August (San Antonio Business Journal, 9-13-12)

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